Ann Pettifor

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After the furlough ‘tide’ recedes?

Is our biggest worry inflation? No, our biggest worry is a fall in employment, investment and income. Inflation is caused by the economy ‘overheating’. Wage and price inflation arises when economic activity (investment, employment, income) exceeds the capacity of the economy.  Put simply, inflation most often arises in conditions of full employment, when incomes are …

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Back to normality? For the economies of central Europe?

A conference organised by Euromoney: Which economic, political and behavioural responses to the pandemic can’t be un-invented? And which were temporary?
• Paying the bill. How much debt have governments take on? will they ever be able to repay? Should we worry?
• Rethinking the social contract: will covid-austerity cause populism 2.0?

Moderator: Christopher Garnett, Senior Advisor, GlobalCapital Events
Speakers: Peter Brezinschek, Chief Analyst, Raiffeisen Bank International
Gilles Moëc, Chief Economist and Head of Research at AXA IM, AXA Group
Ann Pettifor, Director of Policy Research in Macroeconomics, Prime Economics
Debora Revoltella, Director, Economics Department, European Investment Bank (EIB)
Azad Zangana, Senior European Economist and Strategist, Schroders Investment Management

US gifts Wall St. the Green New Deal

  Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”. All hail to that ambition. The bad news is that this ain’t no Rooseveltian …

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