The Cost of Living Crisis – a paper by Ozlem Onaran

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.” 

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?

Josh Ryan-Collins writes in the Guardian “UK house prices are falling. In the year to February, prices fell by 1.1% to reach their lowest level for over a decade. The drivers are clear: inflation and rising interest rates are combining to put off mortgage borrowers…

“We think too many journalists lack understanding of basic economics or lack
confidence reporting it. This brings a high risk to impartiality. In the period
of this review, it particularly affected debt. Some journalists seem to feel
instinctively that debt is simply bad, full stop, and don’t appear to realise
this can be contested and contestable.”