Saturday , April 26 2025
Home / Video / Interview with Ann Pettifor: They think it is all over

Interview with Ann Pettifor: They think it is all over

Ann Pettifor December 2, 2018 Ann Pettifor: Debtonation

Ann Pettifor by
Ann Pettifor
My articles My siteAbout meMy booksMy videos
Follow on:Twitter
Summary:
Our main political parties see a reputation for economic competence as key for achieving power. The Tory party is reportedly scared that a Brexit disaster will destroy its reputation, which is generally better than Labour’s. It took it a long time to recover its earlier demise after 1992 when the UK crashed out of the ...

Topics:
Ann Pettifor considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius











Our main political parties see a reputation for economic competence as key for achieving power. The Tory party is reportedly scared that a Brexit disaster will destroy its reputation, which is generally better than Labour’s. It took it a long time to recover its earlier demise after 1992 when the UK crashed out of the European Exchange Rate Mechanism.



Ironically politicians have believed that accepting the economics of austerity is central to being seen to be competent by the wider public. They are still drawn to Thatcher’s picture of the UK as a household and balancing the books. Many economists see this as economic illiteracy with notable exceptions such as the influential Institute for Fiscal Studies who pronounce on the budget.



The Mint talks to Ann Pettifor about Labour’s attempts to forge a reputation for economic competency on the basis of “new economics”. What does it mean for them and has it worked? Can Labour escape the balancing the household books narrative? Is austerity economics really over?



Are you the author?
0 0
About Ann Pettifor
Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.
My articlesMy siteAbout meMy books
Follow on:Twitter

Leave a Reply

Your email address will not be published. Required fields are marked *

More on this subject