Philip Hammond delivered yesterday’s budget in the context of the worst decade for real wage growth in living memory, and at time when …
Economic Analysis, Theory
Is world-leading NHS healthcare an affordable proposition?
This article, co-authored by our supporter David Laws, appeared originally on the Progressive Pulse website: Authors: David Laws, …
Preventing climate change means reforming money and finance
In many ways, the effects of the present money and banking system - financial instability, unemployment, rising debt levels are usually …
The Bank of England’s boost to wealth inequality is all but impossible to reverse
Should governments have to clean up the damage left by their central banks? In a speech given in December, Mark Carney - echoing a classic …
What’s the difference between wealth inequality and income inequality, and why does it matter?
Wealth inequality is in the news, with our friends at IPPR pointing to just how ‘unevenly divided’ wealth is in the UK. The problem is huge: …
The Bank of England’s depiction of inequality data is dangerously misleading
In an important speech in Liverpool in 2016, Mark Carney defended the Bank of England (BoE) against the charge that QE has caused inequality …
Positive Money’s Economics: Keynes, not Friedman
Our proposals have little to do with the economic school of monetarism, in the vein of Milton Friedman and the Chicago School. Instead, John …
UK Household Debt has Reached Unsustainable Levels (Video)
Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, …
The banking system is designed to fail (Financial Times)
Banking remains less safe than it could reasonably be. That is a deliberate decision, writes Martin Wolf, Chief Economics Commentator of …