This is a piece I wrote for the Guardian in response to the S&P threatened downgrade of the Eurozone’s ‘core’ economies. The Guardian wanted a maximum of 600 words, delivered in a short time, so this was written hurriedly, and in the back of taxis ferrying me to TV stations. For this reason I have […]
Standard & Poor is right, ‘austerity’ has no economic clothes Read More »
The Autumn Statement reveals but one thing: the Chancellor and his advisers are both ill-advised and dangerously ill-prepared for the forthcoming prolonged Depression. (And if you think I exaggerate, let me remind you that 20 years after the Japanese debt bubble burst, Tokyo house prices are still falling, and the stock market is worth 60% less
It’s not the public, but the private finance sector, stupid. Read More »
George Osborne was presumably aiming at himself and his friends, when he vowed “to speak truth to power and wealth” at the Tory party conference this week, but dare he speak economic truth to the rest of us? – simultaneously published on Left Foot Forward > On the narrowest of bases, he might still claim
Osborne: Speaking truth to wealth and power? Really? Read More »
Published in the Guardian Cif alongside responses from Jonathon Freedland and Sheila Lawlor: Ed Balls said sorry for Labour’s record on ultra-light-touch financial regulation, and that must be acknowledged. But apologies are just not enough. He and Ed Miliband must stop attacking his electoral base, “hardworking families”, many of whom are trades unionists. As Balls
My verdict on Ed Balls’ conference speech – apologies are not enough Read More »
While I was in Australia I recorded this interview with ABC’s daily show. This went out on 15th September. Watch it above or on ABC’s website here >
Read about my speaking tour of Australia below – from the SEARCH Foundation: The SEARCH Foundation is currently touring eminent British economist and author Ann Pettifor around Australia and she is visiting our shores with a warning; the GFC inducing credit crunch is not over and Australia’s banking sector is vulnerable. Ms Pettifor is visiting
My tour of Australia – with the SEARCH Foundation Read More »
Markets react rationally to austerity The piece below was posted on the “Left Foot Forward” website on Monday, 8th August, 2011 “It is important that we understand the events of last week not as a new outbreak of crisis, but as a continuation of the banking crisis that first came to the public’s attention in
Political leaders – Stand up to the bankers, you have only your chains to lose Read More »
RBS chief executive Stephen Hester Source: Getty Images Dear readers…This is my blog posted on the New Statesman website today, 7 August, 2011 – with one minor correction in the fourth sentence. “Let’s get one thing clear: this is not a crisis of, or for governments. This is first and foremost a banking crisis. EU governments
This is a crisis of, and for bankers, not Eurozone governments or taxpayers. Read More »
Last month I gave a ‘Green Talk‘ in Bristol, organised by Climate Works. It was wonderful to be, first of all at such a professionally and well organised event (congrats to Mark Letcher and his team). It was also fantastic to be amongst such an interesting array of speakers including John Gapper ‘the secret gardener’
Financing the Green Transition – why we can afford it Read More »
This morning I joined the Guardian’s panel of Martin Kettle, Len McCluskey and Matthew Oakley to give our verdict on today’s GDP numbers: Ann Pettifor: “The Chancellor must eat humble pie” The statisticians, clutching at straws, blamed the victims – the British people – for the measly 0.2% growth in GDP. It turns out we are too fond of holidaying
