This article appeared on the Progressive Economy Forum website on 29 January, 2019. Last week John McDonnell MP took the opportunity to “make explicit” that a Labour government would not introduce capital controls. The Financial Times covered the story, and like many, got its exchange and capital controls in a tangle. The UK had various …
12 November, 2018 This year is the 150th anniversary of the TUC, and the 70th anniversary of the Trade Union Advisory Committee to the OECD. As part of the celebration of these achievements, the TUC’s Economics and Social Affairs department organised an event “Lessons from the Great Financial Crisis” – on 12th November, 2018 – …
2007-9: Central bank coordination saved the finance sector, but not the world. Read More »
After attending a performance of the Lehman Trilogy, I was honoured to join a panel at the National Theatre on 16th October, 2018 to discuss the play. Readers will know that the play was directed by Sam Mendes, and starred three great actors in all of the complex parts: Simon Russell Beale, Adam Godley and Ben Miles. It was, …
Yours truly at National Theatre discussion on The Lehman Trilogy Read More »
The following article appeared in the Church Times on 20 September, 2018 “The Government is unprepared for a hard Brexit, says Ann Pettifor. The financial impact could be devastating” The Brexit referendum provided conclusive evidence that economics is inherently political. There was nothing scientific about any of the campaign promises or economic forecasts. Instead, …
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, …
The vote for Brexit was in my view, an anti-globalisation vote. A vote against decision-making by invisible, unaccountable global markets in money, trade, property and labour. Unregulated markets, facilitated by mobile, cross-border capital flows that imposed painful economic changes on populations across the world, and did so at great speed. A global market in mobile …
On Friday, 13th April, 2018 I addressed the Rethinking Economics Conference…This is the You Tube link to the event…
On the 15th April, this year, I visited New Zealand at the invitation of the Institute of Directors, to address 600 CEOs at their annual meeting. This is an interview given to the journalist Rob Stock in which he asked about the possibility of another financial crisis. “Ann Pettifor predicted the global financial crisis, and …
Interview with New Zealand’s Biggest Business Website – STUFF Read More »
Britain is led today by deeply divided political parties. Our leaders have many policies, but no inspiring vision for Britain’s future – either within, or outside the EU. As President Roosevelt once famously said: “where there is no vision, the people perish”. The peoples of the European Union do have a vision – the pursuit …
Why the left must lead the nation away from Brexit Read More »
The Financial Times questioned economists for its annual publication of economic forecasts: “With unemployment at a 40-year low, how much of a pay rise will British workers get in 2018?” (See here: https://www.ft.com/content/98ce5e72-ebd9-11e7-bd17-521324c81e23) PRIME economists responded thus: The fall in real wages while employment has fallen and employment has risen is a consequence of sustained hyper-globalisation …
