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-- blog prime books book reviews e-publications data update erep about experts contact blog prime books book reviews e-publications data update erep about experts contact prime blogs: brexit and its consequences by ann pettifor read more → erep reports: remain for change: building european solidarity for a democratic economic alternative by economists for rational economic policies read more → prime book reviews: the radical, conservative mervyn king by jeremy smith read more → prime book reviews: turner's monetary economics: theoretically radical, but ultimately conservative by geoff tily read more → prime book reviews: is capitalism "mutating" into an infotech utopia? by ann pettifor read more → prime publications: shared unemployment insurance by lászló andor read more → prime publications: the present age of transformation - the 1940 bennington lectures by karl polanyi read more → blog jun 14, 2018 geoff tily private debt hyperinflations and the prospect of renewed crisis jun 14, 2018 geoff tily ten years ago the bursting of private debt ‘bubbles’ – most obviously in the us, uk and on the periphery of the eu – woke policymakers to the importance of balance sheet dynamics. today, commentary by international organisations has ongoing rises in private debt as a key risk to global outcomes. read more → jun 14, 2018 geoff tily may 15, 2018 john weeks same old same old...tory austerity may 15, 2018 john weeks severe as it has been for the welfare of the british people, eight years of so-called austerity under three conservative governments are but the most recent manifestation of tory assaults on public services. since margaret thatcher became prime minister almost forty years ago, contracting the public sector has been a constant theme across tory governments. read more → may 15, 2018 john weeks apr 25, 2018 ann pettifor on tectonic plates, the economic system & the economics profession apr 25, 2018 ann pettifor given the catastrophic nature of both the 2007-9 crisis, and the many, and increasingly frequent crises that preceded it - society demands to know why economists have not “discovered how the economy really works”. we believe, perhaps vainly, that with a better understanding of the ‘tectonic plates’ that underpin the economy – we may, as a society, be able to prepare for a collapse. we might be able to protect ourselves, our families and firms from economic failure, job losses, collapses in living standards, housing insecurity and the impact of these failures on social life: divorce, depression and in some cases, suicide. not to mention the disastrous political impact of economic failure. read more → apr 25, 2018 ann pettifor apr 21, 2018 ann pettifor the bank of england should not raise rates: here's why apr 21, 2018 ann pettifor the biggest danger facing the british economy is this: at their meeting in may the monetary policy committee of the bank of england is very likely to raise rates – despite a warning from the governor - because of the ongoing fear of inflation. raising bank of england rates at this point of fragility, would be like deliberately and repeatedly pointing a sharp dagger at a bubble of household, corporate and financial debt. read more → apr 21, 2018 ann pettifor apr 5, 2018 ann pettifor giving priority to "purposeful and dignified work" for all - but how? apr 5, 2018 ann pettifor in her new short book, rachel reeves reflects that the economic winners of globalisation “are asset rich elites and the metropolitan professional class of creative, media, knowledge and finance workers, and opinion formers.” her major concern is for britain’s “old established working class, many of whom are now excluded from high-skilled sectors”. “purposeful and dignified work defines what the labour party stands for, whilst good wages are the principal means of distributing the rewards of economic prosperity,” she writes. read more → apr 5, 2018 ann pettifor mar 5, 2018 guglielmo forges davanzati italian elections: the 5 star movement's policy prescriptions mar 5, 2018 guglielmo forges davanzati the policy prescriptions of the 5 star movement can be found in two main documents, published in 2012 and 2013. the most important is that of 27 december 2012, which has been posted on the website of the leader of the movement, mr. grillo and thus can be conceived as the official programme of the movement. two basic remarks are in order. first, the class dimension of political decisions are ignored; second the restructuring of italian capitalism in the years of the crisis are not taken into consideration. read more → mar 5, 2018 guglielmo forges davanzati feb 25, 2018 ann pettifor why the left must lead britain away from brexit feb 25, 2018 ann pettifor the british people are calling out for progressive leadership. labour could lead the nation out of the chaos created by ukip and the far right of the tory party. but only if labour’s lexiters face up to the risks they are taking with both their own party, and the nation’s future. read more → feb 25, 2018 ann pettifor feb 4, 2018 john weeks free markets & the decline of democracy feb 4, 2018 john weeks on 5th january 2018, professor john weeks gave this year's david gordon memorial lecture at the meeting of the american economic association in philadelphia, usa. it was hosted by the union for radical political economics, and we are pleased to publish the text of the lecture, below. read more → feb 4, 2018 john weeks jan 28, 2018 ann pettifor why building more homes will not solve britain’s housing crisis jan 28, 2018 ann pettifor everyone – from the government, to housing charities, to housebuilders – has bought into the conventional wisdom that the dysfunction that racks our housing market is a matter of demand and supply. we disagree. read more → jan 28, 2018 ann pettifor jan 20, 2018 geoff tily a demand interpretation of productivity since ww2 and across the world jan 20, 2018 geoff tily over the past decade in advanced western economies, the rate of improvement in prosperity has ground to the lowest point of the post-war period. it is argued in this article that productivity has been the result of aggregate demand rather than supply conditions. and that the strength of demand follows global monetary conditions that are the result of deliberate policy interventions. read more → jan 20, 2018 geoff tily jan 15, 2018 ann pettifor will workers get a pay rise in 2018? jan 15, 2018 ann pettifor he 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 :) prime economists responded thus: read more → jan 15, 2018 ann pettifor jan 15, 2018 ann pettifor will the bank of england raise interest rates in 2018? jan 15, 2018 ann pettifor the financial times asked economists the following: how far will the bank of england raise interest rates next year? do you think they should? prime economists responded in this way: read more → jan 15, 2018 ann pettifor jan 15, 2018 ann pettifor prime forecast for ft: will uk economy grow in 2018? jan 15, 2018 ann pettifor prime (policy research in macroeconomics) economists were asked by the ft “how fast do you think the uk economy will grow in 2018 and how will this compare to other countries?” ( see here ). read more → jan 15, 2018 ann pettifor dec 31, 2017 jeremy smith how polanyi best explains trump, brexit and the over-reach of economic liberalism dec 31, 2017 jeremy smith it’s good to see the latest (21 december) new york review of books give space to a review – by robert kuttner of american prospect– of a biography of "karl polanyi: a life on the left" by gareth dale. for as we have been arguing for a long time, it was polanyi who better than any other historian / analyst got to the heart of the contradictions of free market globalised liberalism, and saw that it was such economic liberalism, pushed too far, that is likely to lea

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http://www.primeeconomics.org/articles/will-the-bank-of-england-raise-interest-rates-in-2018
http://www.primeeconomics.org/articles/same-old-same-oldtory-austerity
http://www.primeeconomics.org/dataupdate/
http://www.primeeconomics.org/articles/italian-elections-5-star-movement-policy
http://www.primeeconomics.org/prime-books/
http://www.primeeconomics.org/#header
http://www.primeeconomics.org/contact/
http://www.primeeconomics.org/articles/the-bank-of-england-should-not-raise-rates-heres-why
http://www.primeeconomics.org/articles/?author=546e17b8e4b06f036335bb9f#show-archive
http://www.primeeconomics.org/articles/brexit-and-its-consequences
http://www.primeeconomics.org/experts/
http://www.primeeconomics.org/e-publications/
http://www.primeeconomics.org/articles/giving-priority-to-purposeful-and-dignified-work-for-all-but-how
http://www.primeeconomics.org/articles/prime-forecast-for-ft-will-uk-economy-grow-in-2018
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