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Prime, Policy Research in Macroeconomics

Universal Basic Services – news from the project taskforce

The UBS Task Force, hosted by PRIME and supported by Network for Social Change, aims to stimulate wider interest in Universal Basic Services (UBS) as a framework for policy and practice to ensure that everyone has access to life’s essentials.  The Task Force has ten members (see below) and three strategic goals: to get UBS on the policy agenda, to build alliances and to generate new research.    Maeve Cohen has been appointed as the new Project Officer (part-time):  she is co-founder and...

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COP26: US gifts Wall St the Green New Deal

This article first appeared on Substack.Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan.The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”.All hail to that ambition.The bad news is that this ain’t no Rooseveltian New Deal.Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power, and...

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COP26: US gifts Wall St the Green New Deal

This article first appeared on Substack.Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan.The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”.All hail to that ambition.The bad news is that this ain’t no Rooseveltian New Deal.Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power, and...

Read More »

COP26: US gifts Wall St the Green New Deal

This article first appeared on Substack. Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. The good news is that Climate Envoy, John Kerry and Advisor, Gina McCarthy are talking about the Climate Plan delivering “Good paying Union Jobs”. All hail to that ambition. The bad news is that this ain’t no Rooseveltian New Deal. Roosevelt confronted Wall St from the get go. His administration systematically drained the Street of power,...

Read More »

The case for an Ecological Interest Rate

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

Read More »

The case for an Ecological Interest Rate

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

Read More »

The case for an Ecological Interest Rate

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

Read More »

We can’t afford a capitalism that doesn’t work for the next generation

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

Read More »

We can’t afford a capitalism that doesn’t work for the next generation

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

Read More »

We can’t afford a capitalism that doesn’t work for the next generation

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”. In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry:  “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.” Xiye and young climate activists around the world...

Read More »