• Professor of Economics and Finance at the School of Oriental and African Studies

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International Equilibrium and Bretton Woods

a new book edited by Jerzy Osiatynski and PEF Council member Jan Toporowski

  • Provides the first scholarly account of the criticisms that were made of the Keynes and White Plans at Bretton Woods
  • Explains ‘where it all went wrong’, leading up to the collapse of Bretton Woods and the subsequent debt crises that have plagued the international monetary system
  • concludes with some suggestions for stabilising the international monetary system, based on Kalecki’s recommendations for Bretton Woods
Recent News Updates

Economists and human rights experts call on Starmer to drop “destructive” economic policy

In an open letter coordinated by the think-tank Compassion in Politics, academics including PEF Council members Ha-Joon Chang and Kate Pickett and Richard Wilkinson – authors of the widely read The Spirit Level – warn Starmer that his current approach mimics the “economic orthodoxy that has made this country poorer, less cohesive and more unequal than fifteen years ago.” 

PROGRESSIVE ECONOMICS 2023

Following the great success of our conference last year , the Progressive Economy Forum and the University of Greenwich Research Institute of Political Economy, Governance, Finance and Accountability bring you Progressive Economics 2023 –a conference of debate and education at a vital moment in the UK to debate the policies to tackle the alarming economic challenges of austerity, inequalities, Brexit, Covid-19, cost-of-living crisis, global supply problems, the war in Ukraine, care crisis and environmental collapse.What are the solutions and how to persuade the policy makers to implement them?

The Cost of Living Crisis – a paper by Ozlem Onaran

This paper by PEF Council member Ozlem Onaran analyses the political economy of the cost of living crisis in the context of the UK. It presents the long-term trends in the wage share, wealth inequality, labour’s bargaining power, and the real wages in the UK.

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