{"id":2885,"date":"2018-09-19T16:46:52","date_gmt":"2018-09-19T16:46:52","guid":{"rendered":"https:\/\/progressiveeconomyforum.com\/development\/?post_type=event&#038;p=2885"},"modified":"2020-03-10T15:58:44","modified_gmt":"2020-03-10T15:58:44","slug":"keynes-for-today-lessons-for-the-left","status":"publish","type":"events","link":"https:\/\/progressiveeconomyforum.com\/development\/events\/keynes-for-today-lessons-for-the-left\/","title":{"rendered":"Keynes for Today: Lessons for the Left"},"content":{"rendered":"<p>We were delighted to launch our public lecture series with an illuminating address from our Council member, political economist and world expert on Keynes&nbsp;<a href=\"https:\/\/progressiveeconomyforum.com\/development\/author\/lord-skidelsky\/\">Robert Skidelsky<\/a>, titled \u201cKeynes for Today: Lessons for the Left\u201d. The event marked the launch of Lord Skidelsky\u2019s most recent work \u2013&nbsp;<a href=\"https:\/\/www.penguin.co.uk\/books\/309\/309493\/money-and-government\/9780241352823.html\"><em>Money and Government: A Challenge to Mainstream Economics<\/em><\/a>&nbsp;\u2013 and PEF\u2019s first publication,&nbsp;<em><a href=\"https:\/\/progressiveeconomyforum.com\/development\/publication\/10-years-since-the-crash\/\">10 Years Since The Crash: Causes, Consequences and the Way Forward<\/a>.&nbsp;<\/em><\/p>\n<p>Lord Skidelsky\u2019s lecture covered a host of topics including: why the Left is always held to a higher standard on the economy than the Right; the dismantling of intellectual and institutional structures the Left relied on to achieve its goals under Thatcher; Labour\u2019s macroeconomic framework in the run-up to the financial crisis; the utter failures of austerity; the conception of inequality as a macroeconomic issue; and the outline of a new political economy. The lecture was reprinted in full by the New Statesman on 10 October and can be found <a href=\"https:\/\/www.newstatesman.com\/politics\/uk\/2018\/10\/how-austerity-broke-britain-and-how-we-can-recover\">on their website<\/a>. Alternatively, a transcript is available&nbsp;<a href=\"https:\/\/progressiveeconomyforum.com\/development\/wp-content\/uploads\/2019\/06\/Keynes-for-Today.pdf\">on our website<\/a>.<\/p>\n\n\n<p>The post-lecture discussion was kicked off by a comment from Shadow Chancellor John McDonnell, who outlined the challenges facing the Left as it tries to bring about a new political economy, and praised PEF for its work in this area thus far.&nbsp;<a href=\"https:\/\/progressiveeconomyforum.com\/development\/author\/ann-pettifor\/\">Ann Pettifor<\/a>&nbsp;then built on the themes in Lord Skidelsky\u2019s lecture, arguing for a root-and-branch reform of the global financial architecture. Fellow PEF Council member&nbsp;<a href=\"https:\/\/progressiveeconomyforum.com\/development\/author\/prof-john-weeks\/\">John Weeks<\/a>&nbsp;summed up the timely nature of these discussions: \u201cFor the first time I can remember, for the first time in many of your lives, the vision of a social democratic society is in reach. We need to keep our eyes on that goal.\u201d<\/p>\n\n\n\n<p>This was followed by a lively Q&amp;A session, chaired by&nbsp;<a href=\"https:\/\/progressiveeconomyforum.com\/development\/author\/dr-johnna-montgomerie\/\">Johnna Montgomerie<\/a>, with insightful commentary from economists, politicians, public sector workers, journalists, students, activists and other members of the public alike \u2013 we would like to thank everyone in attendance for such a stimulating and varied discussion. Finally, the evening closed with a drinks reception and book signing.&nbsp;<\/p>\n\n\n\n<p><em>All photos of the event can be found on our\u00a0<\/em><a href=\"https:\/\/www.flickr.com\/photos\/pef_online\/albums\/72157699253185802\/with\/31485141618\/\"><em>Flickr page<\/em><\/a><em>. Banner photo credit: <a href=\"https:\/\/robertskidelsky.com\/\">Robert Skidelsky<\/a><\/em>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A public lecture at Bush House on Keynes to mark the launch of Lord Skidelsky&#8217;s new work Money and Government: A Challenge to Mainstream Economics.<\/p>\n","protected":false},"author":11,"featured_media":5093,"template":"","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categories":[168,184],"tags":[195,197,201,207],"class_list":["post-2885","events","type-events","status-publish","has-post-thumbnail","hentry","category-past-event","category-public-lecture-series","tag-austerity","tag-economic-history-and-thought","tag-fiscal-policy","tag-power-and-politics"],"acf":[],"_links":{"self":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/events\/2885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/events"}],"about":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/types\/events"}],"author":[{"embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/users\/11"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/media\/5093"}],"wp:attachment":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/media?parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/categories?post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/tags?post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}