By Cem Oyvat, T Sabri Öncü and Joel Rabinovich A slightly edited version of this article first appeared in the Indian journal ...
The Poverty of Neo-liberal Economics: Lessons from Türkiye’s ‘Unorthodox’ Central Banking Experiment
This article first appeared in the Indian journal, Economic & Political Weekly, on 14 September 2024. Güney Düzçay ([email protected]) and T. Sabri Öncü ([email protected]) are economists based in ...
Weeks critiques the government’s “deficit disorder” approach to economic recovery and argues that prioritising deficit reduction is unfounded. A policy reversal based on fiscal stimulus, public ...
The euro not only replicated key elements of the gold standard – but went much further: European currencies were simply abolished. States lost control over both their currency and their central bank.
In this paper, Tily and Pettifor analyse two articles by Bank of England authors on Money in the Modern Economy and discuss the implications for economic theory and practical policies; and for the ...
In this PRIME Position Paper, Ann Pettifor and Jeremy Smith record why – on economic as well as environmental grounds – they remain strongly against the Heathrow extension, and against building any ...
Reinforcing the case made in the Prime publication ‘The Economic Consequences of Mr Osborne’ in 2010, this study examines the impact of government stance on public debt for eleven OECD countries from ...
An appeal to the Bank of England: The ‘rate of interest’ has not been low. Financial liberalisation led to a steep increase the complex of interest rates for all kinds of borrowing, long and short, ...
In this latest PRIME publication, Geoff Tily argues that parallels between events in Greece today and Germany in the 1920s go much further than commonly understood, and the policy implications are ...
In this review, Pettifor and Tily argue that Piketty’s determinism (which suggests that inequality will continue to rise indefinitely and that interest and growth are on a preordained trajectory) ...
This analysis was co-authored by Geoff Tily and Ann Pettifor and published by the New Economics Foundation under the title, “The cuts won’t work: Why spending on a Green New Deal will reduce the ...
Where the EU investment agenda comes from and how to boost it? Raising the banner of investment has been the most important development of 2014 for European policy. Clearly, Europe needs a better ...
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