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, …
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.
At the invitation of New Zealand’s Institute of Directors, I recently visited Auckland. I was there to address the IoD’s annual gathering of 600 CEOs..and on the side did this interview with NZ’s equivalent of the BBC, for a Sunday Talk Show with popular host, Wallace Chapman. It was good to be given fully 20 …
Interview with Wallace Chapman of New Zealand RadioRead More »
Prospect magazine’s April 14, 2018 edition ignited a debate between orthodox and heterodox economists. It also included a page titled: In my contribution I tried to explain the nature of money. Not sure I succeeded. Anyway, here it is: “Unlike the prices of bitcoins or gold, the price of money is not determined by …
From Prospect Magazine: There Can Never Be A Market in MoneyRead More »
This piece appeared in the London Observer on Sunday, 4th March, 2018 By asserting the policy of “monetary radicalism and fiscal conservatism”, Osborne and his colleagues ensured that those responsible for the crisis benefited from the Bank of England’s quantitative easing programme, which inflated asset prices largely owned by the more affluent. Simultaneously, the Conservative …
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 …
2017 will of course be remembered as Year 1 of a deceitful, authoritarian, racist, misogynous US President. But it is also inspirational for a global women’s uprising, launched in the UK with the London Women’s March in January. The economic surprises of 2017 were the strength of the global cyclical upturn including in the Eurozone …
“The “nature of money” is the most important factor, Pettifor says. She believes that the common view of banks is that they act as intermediaries between patient savers and impatient borrowers, but “banks haven’t done that since 1694,” she says. If this were the case, she adds, then “we wouldn’t have a massive expansion of …
Interview with ‘The Actuary ‘- Journal of the Institute of Actuaries: “Prophet and Loss”Read More »
The following is an interview with Maya Singer of Vogue magazine, USA, based on my new book, The Production of Money. I was delighted to appear in a publication (or at least on a website) read mainly by young women…. MARCH 2, 2017 7:00 PMby MAYA SINGER What is money? That might seem like the …
Money and the Government: Everything You Need to Know But Were Afraid to AskRead More »
