Ann Pettifor

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Money and the Government: Everything You Need to Know But Were Afraid to Ask

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 …

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Weak political leadership got us into this Brexit mess, weak economic leadership will leave us in it

It will take Big Money to steer Britain through this rocky period. Instead, Chancellor Hammond has promised to continue slashing the very departmental expenditure essential to smooth the path. We must conclude that he does not wish to invest in a safe Brexit at all. We live in perilous times. The demand by millions of people …

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Can Carney do more to stabilise Brexit Britain? Bloomberg TV

Ann Pettifor spoke on a Bloomberg TV panel with Gerard Lyons, Ambassador Paquale Terracciano and host Francine Lacqua on The Pulse.  The U.K. services industry recorded a decent expansion in the first month after Brexit, all but scrubbing the chances of the U.K. economy contracting in the third quarter. The data make it more likely that that …

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Statement from members of Labour’s Economic Advisory Commitee

In September 2015, we were pleased to accept the invitation to serve on an Economic Advisory Council (EAC).  We felt strongly that it represented an opportunity to develop a vision of a progressive economic policy for Britain that departed from the destructive austerity narrative. Our collective view is that the EAC, and its various policy …

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Mervyn King and the economics profession

I have been criticised by among others, Professor Simon Wren-Lewis, for the earlier blog criticising the economics profession. To bolster my case, am sharing here ex-governor of the Bank of England, Mervyn King’s, views on the profession. While his is an “on-the-one-hand-but-on-the-other” approach, nevertheless it is clear on the culpability of the profession. The quotation …

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BREXIT: economists dangerously irrelevant

We, at Policy Research in Macroeconomics (PRIME) call for an urgent, independent, public inquiry into the economics profession, its role in precipitating both the financial crisis of 2007-9, and the subsequent very slow ‘recovery’. Finally the role of the profession in the run up to the British European referendum campaign.

A political and economic case for voting to Remain

Dear readers: for some time, I have been lax in updating this, my personal site, and beg your forbearance as recent material is added which may still be of interest and relevance. This article was first published on June 14, 2016 and is from the e-publication “Remain for Change: Building European solidarity for a democratic …

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Uber, Newsnight and Donald Trump

I fluffed my lines on a recent BBC Newsnight  segment on Uber.  As the discussion was wrapping up, I warned that the uberisation of the economy – the ambition to corral the entire cash flow of whole sectors of the global economy into the pockets of a few – is utopian.

Why I will vote Remain

Back in 1975 I did not just oppose membership of the EU, I actively campaigned against it. In the 1990s I strongly opposed Britain’s membership of the Exchange Rate Mechanism (ERM). My opposition to the Labour leadership’s support for ERM helped ensure that I did not get chosen as Parliamentary candidate at the time. I …

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