Ann Pettifor


Statement from members of Labour’s Economic Advisory Commitee

In September 2015, we were pleased to accept the invitation to serve on an Economic Advisory Council (EAC).  We felt strongly that it represented an opportunity to develop a vision of a progressive economic policy for Britain that departed from the destructive austerity narrative. Our collective view is that the EAC, and its various policy …

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Mervyn King and the economics profession

I have been criticised by among others, Professor Simon Wren-Lewis, for the earlier blog criticising the economics profession. To bolster my case, am sharing here ex-governor of the Bank of England, Mervyn King’s, views on the profession. While his is an “on-the-one-hand-but-on-the-other” approach, nevertheless it is clear on the culpability of the profession. The quotation …

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BREXIT: economists dangerously irrelevant

We, at Policy Research in Macroeconomics (PRIME) call for an urgent, independent, public inquiry into the economics profession, its role in precipitating both the financial crisis of 2007-9, and the subsequent very slow ‘recovery’. Finally the role of the profession in the run up to the British European referendum campaign.

A political and economic case for voting to Remain

Dear readers: for some time, I have been lax in updating this, my personal site, and beg your forbearance as recent material is added which may still be of interest and relevance. This article was first published on June 14, 2016 and is from the e-publication “Remain for Change: Building European solidarity for a democratic …

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Uber, Newsnight and Donald Trump

I fluffed my lines on a recent BBC Newsnight  segment on Uber.  As the discussion was wrapping up, I warned that the uberisation of the economy – the ambition to corral the entire cash flow of whole sectors of the global economy into the pockets of a few – is utopian.

Why I will vote Remain

Back in 1975 I did not just oppose membership of the EU, I actively campaigned against it. In the 1990s I strongly opposed Britain’s membership of the Exchange Rate Mechanism (ERM). My opposition to the Labour leadership’s support for ERM helped ensure that I did not get chosen as Parliamentary candidate at the time. I …

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The Green New Deal Framing: the Economic Narrative

On Thursday 7th April Ann Pettifor took part in one of John McDonnell’s road shows with Professor Simon Wren Lewis. The events are aimed at broadening the debate around economics in Britain. Ann discussed The case for the Green New Deal, and her powerpoint presentation is attached below. Framing the Economic Narrative

Mr Osborne and the economists’ advice

From the March 2016 Preface to The Economic Consequences of Mr Osborne By Ann Pettifor, Professor Victoria Chick and Geoff Tily  … when sustained, fiscal consolidation increases rather than reduces the public debt ratio and is in general associated with adverse macroeconomic conditions.  ‘Economic Consequences of Mr Osborne’, June 2010 Having missed the genuine threat …

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The boom, not the slump, is the time for austerity – Guardian Letters

The following is a letter by Professor John Weeks and Ann Pettifor, published today, 15th March 2016 in The Guardian.  Andrew Harrop’s article on John McDonnell’s public borrowing for investment points out its improvement on the chancellor’s deficit obsession (John McDonnell’s new fiscal rule is strong, but it’s no election winner,, 11 March). Of …

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