Ann Pettifor

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Ann Pettifor

Political economist, author and public speaker

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Debt

My verdict on Ed Balls’ conference speech – apologies are not enough

/ Anglo-American Financial Crisis, Bank Bail-outs, Bankers in Government, Banking Crisis, British Banking, Credit, Debt, Economic Orthodoxy, Finance Ministers, Financial Crisis, Government Borrowing, Neo-liberal Economics, Public Spending, UK Financial Crisis

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 […]

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Greece as Whipping Boy for ‘Troika’ Bullies

/ Banking Crisis, Central Banks, Credit Creation, Debt, Greece, IMF

Simultaneously posted on the Huffington Post US > As mayhem breaks out on stock markets; as Eurozone banks freeze up; and as the global financial system approaches a frightening ‘danger zone,’ the champions of the globalised ‘free market’ and of the Euro are in search of a scapegoat. Instead of accepting that it is the

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ABC daily report – ‘Let them default’

/ Bank Bail-outs, Bankers in Government, Banking Crisis, Central Banks, Consumer Debt, Credit, Credit Crunch, Debt, Democracy, Economic Orthodoxy, Finance Ministers, Financial Crisis, Government Borrowing, Interest Rates, International Financial Architecture, International Financial System

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 >

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My tour of Australia – with the SEARCH Foundation

/ Bank Bail-outs, Banking Crisis, Climate Change, Consumer Debt, Credit Crunch, Debt, Ecosystem, Environment, Financial Crisis, Green New Deal, International Financial System

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

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What a financial tailspin may mean for you and me

/ Anglo-American Financial Crisis, Bank of England, Banking Crisis, Bretton Woods, British Banking, Central Banks, Consumer Debt, Credit, Debt, Democracy, Financial Crisis, Foreclosure, Interest Rates, Keynes, Mortgages

Wall Street plummeted as concerns over European debt and the US economic downturn spurred a broad sell-off. Photograph: Shen Hong/Xinhua Press/Corbis Read my article from Guardian Cif, Friday 19th August: As bank shares and stock markets plummet, and investors flock to the safety of government bonds; as obstinate EU leaders crucify their countries in a

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Eight fallacies in the LSE Keynes/Hayek debate

/ Anglo-American Financial Crisis, Bank of England, Banking Crisis, Central Banks, Consumer Debt, Debt, Inflation, Interest Rates, Keynes, Money, UK Financial Crisis, Unemployment, US Financial Crisis

Tonight, Wednesday 3 August 2011 at 08.00pm BST (GMT +1), BBC Radio 4 will broadcast a debate which took place at the London School of Economics (LSE) on 26 July.  This broadcast will be repeated on Saturday, 6 August, at 10.15 p.m BST (GMT +1). Along with my colleagues Prof. Victoria Chick and Douglas Coe at PRIME  we have written the

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GDP figures: the verdict

/ Bank Bail-outs, Bank of England, Banking Crisis, Central Banks, Debt, Treasury, UK Financial Crisis

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

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Savings and the alchemy of credit – my article for Aviva

/ Banking Crisis, British Banking, Credit, Credit Creation, Debt, Financial Crisis, Interest Rates, International Financial System, Keynes, Money

Aviva has brought together a collection of prominent thinkers to provoke renewed debate and fresh ideas about future prosperity and creating a culture of sustainable savings. The group, names the ‘Future Prosperity Panel‘, published their report ‘Big picture thinking – Towards sustainable savings’. My article is called ‘Savings and the alchemy of credit’ and is published

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Capital flows, financial crises & implications for poor countries

/ Capital Flows, Debt, Democracy, Economic Orthodoxy, Globalisation, International Financial Architecture, Money, Public Spending, Sovereign Insolvency

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 &

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Knowles needs to listen more carefully to ‘hero’ Clinton on deficit reduction

/ Anglo-American Financial Crisis, Bank Bail-outs, Banking Crisis, Central Banks, Debt, Financial Crisis, Fiscal Deficit, Greece, Interest Rates, Keynes, Money, Obama, UK Financial Crisis, Uncategorized, US Financial Crisis

The austerity brigade is rattled. Young Daniel Knowles over at the Daily Telegraph is so worried, he has had to rise to the defence of the Treasury and Office for Budget Responsibility – and then resorts to proposing Greece’s economic strategy for the UK. Why? Because orthodox economic ideology has been challenged by none other than Daniel’s

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