Together with Gillian Tett of the Financial Times, Ann Pettifor appeared at the top of the Newsnight show on Tuesday, 6th February. After the stock market gyrations of the last few days, the discussion majored on whether viewers had once again to prepare for the worst. Ann argued that the economic model adopted after the crisis – of massive liquidity injections by central banks (QE or monetary easing) coupled with fiscal contraction (‘austerity’) had failed the public. A new model, of monetary tightening (higher interest rates and fewer asset purchases) together with President Trump’s fiscal expansion (to pay for tax cuts) was rightly perceived as a threat to the global economy. You can watch the show here, on the BBC’s Iplayer. Related Posts
Topics:
Ann Pettifor considers the following as important: Recent and Upcoming Talks
This could be interesting, too:
Ann Pettifor writes Speech to the Rethinking Economics Conference, Oslo
Ann Pettifor writes Could Universal Basic Income reduce inequality?
Ann Pettifor writes Could Universal Basic Income reduce inequality?
Ann Pettifor writes Discussion and debate on UBI on TRT
Together with Gillian Tett of the Financial Times, Ann Pettifor appeared at the top of the Newsnight show on Tuesday, 6th February. After the stock market gyrations of the last few days, the discussion majored on whether viewers had once again to prepare for the worst. Ann argued that the economic model adopted after the crisis – of massive liquidity injections by central banks (QE or monetary easing) coupled with fiscal contraction (‘austerity’) had failed the public. A new model, of monetary tightening (higher interest rates and fewer asset purchases) together with President Trump’s fiscal expansion (to pay for tax cuts) was rightly perceived as a threat to the global economy. You can watch the show here, on the BBC’s Iplayer.