This is an extract from an article written for The Times Literary Supplement The international and financial dimensions of Keynes’ work are today neglected in favour of the laissez-faire economics that Keynes had so vigorously contested. His profession is dominated by economists concerned overwhelmingly with the activities of individuals, …
This is the original text of an article that appeared, after edits, in the Irish Times on 22nd June, 2018. Economists regard the theory of ‘supply and demand’ as nothing less than a ‘law’ and “and as one of the fundamental principles governing ‘the economy’. Almost every economic event or phenomenon is considered the product …
The Irish Housing Crisis & the Crisis of Economics Read More »
This is the original, long version of an article I wrote for the Guardian. The published version was edited down, and appeared on 28th January. This version was written on 11th December, 2017. “If some of us grow rich in our sleep, where do we think this wealth is coming from? It doesn’t materialise out …
I wrote a piece for the Saturday (26 January 2018) Guardian. Its been described by many as “counter-intuitive” – because in it I draw on the research of others (notably that of Ian Mulheirn – director of consulting at Oxford Economics) to argue that building more houses will not dampen house prices. I posed this …
Why Building More Houses Will Not Solve the housing Crisis Read More »
In this piece, written for International Politics and Society, I argue that the global investigation into the “Paradise Papers’ has created an opportune moment for wider debate about how the increasingly corrupt and out-of-control global financial system can be tamed. It is time, I argued, that tax-paying citizens recognised their power to create change, and to manage …
Last week I gave a talk in Brussels at a debate moderated by Pierre Defraigne, Executive Director of the Madariaga – College of Europe Foundation. It was A Citizen’s Controversy with Lars Feld, Professor of Economic Policy at the University of Freiburg and Member of the German Council of Economic Experts. Below is my slideshow …
Reining in Public Debts or Challenging Democracies? Read More »
The following is the text of a speech to a joint meeting of the Christian Socialist Movement and the Co-op party on Tuesday 27th September, by Ann Pettifor, director of Policy Research in Macroeconomics (PRIME), co-author of “The Green New Deal” and a fellow of the new economics foundation. “I have just returned from a …
By Ann Pettifor. An edited version of this piece was published on Left Foot Forward, 14 September, 2011. This original, longer version posted 19 September, 2011. The game is up. The 2007-9 private banking crisis that started with the unpayable debts of the US sub-prime sector, was never over. The crisis has now moved on …
The age of liberal finance over. The left’s Plan B? Read More »
I appeared on Al Jazeera’s ‘Empire‘ on Thursday evening – hosted by Marwan Bishara, the panel was made up of myself, Dr. Georges Corm (former Lebanese finance minister and former special consultant), World Bank Professor Alex Callinicos (director of European Studies, King’s College London and author of ‘Bonfire Of Illusions’) and Dr Mario Blejer (former …
Last month I was invited to join the ‘Labour Party Policy Review: Making growth work for the poor and generating resources for development’. The overall group was led by Harriet Harman, and the development section was chaired by Rushnara Ali MP. Below is my short background note on mobility of capital flows, financial crises & …
Capital flows, financial crises & implications for poor countries Read More »
