Ann Pettifor

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Ann Pettifor

Political economist, author and public speaker

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Neo-liberal Economics

A debt spiral we could have avoided

/ Anglo-American Financial Crisis, Banking Crisis, Central Banks, Credit Crunch, Debt, Economic Orthodoxy, Financial Crisis, Keynes, Neo-liberal Economics, UK Financial Crisis

24th October, 2008 The NS has published a short piece this week: “Economists simply would not accept that their model could fail“.  An introductory sentence is not mine: “Who would have predicted..that prudent Gordon Brown (would)  breach the EU cap on government spending?” Am writing to the NS to ask for a correction to be […]

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Central Bankers Add to the Economic Malaise…

/ Banking Crisis, Central Banks, Credit Crunch, Debt, Economic Orthodoxy, Financial Crisis, Globalisation, Interest Rates, Neo-liberal Economics, Uncategorized

22nd October, 2008. I am dictating this piece down the phone from Budapest in Hungary where I have just arrived to deliver a lecture to the Ybl Club. My hosts were in a state of shock on arrival because the central bank of Hungary has just raised interest rates from 8.5% to 11.5%…

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