Tag Archives: Speeches

My Lords, I welcome the general thrust of the Budget. As the OBR says, it represents the “largest fiscal loosening” since 2010. Noble Lords have suggested that the Chancellor is spending his windfall, but I mistrust the language of “windfalls”. Windfalls are only forecasts of revenue based on forecasts of growth; they are not there under the bed, so to speak, and should be given the credence they deserve—which is very little. Let us put that aside. We are not here to discuss the...

A lecture given at King’s College London, under the auspices of the Political Economy Forum i. Labour’s Relationship with Keynes Labour has always been set a higher standard on the economy than the Conservatives: they’ve had to be more orthodox, more competent, more successful to win equal praise or escape equal blame. The reason is not hard to find: created and financed by the trade unions, and committed to the abolition of capitalism, the Labour Party faced obvious difficulties in...

i. Over the weekend, just ten years ago, the investment firm Lehman Bros collapsed, and the world economy collapsed after it. I feel a little reluctant to add to the torrent of words trying to read the runes of this catastrophe for the better management of affairs in the future. But, by chance or cunning, a book of mine, called Money and Government: A challenge to mainstream economics, has just been published. This tries to set the collapse of 2008 in a historical context. It has been...

[unable to retrieve full-text content]A presentation on the current contributors to growth.

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[unable to retrieve full-text content]One of the highlights of the NY academic calendar is the Left Forum. On this panel I was joined by Stephanie Kelton, alongside Gar Alperovitz and Raul Carillo.

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[unable to retrieve full-text content]My annual panel with good friends Michael Perelman (Chair, California State University, Chino) and Bertell Ollman (NYU) at the Left Forum.

In May I presented at a SYMPOSIUM | Greece, Out of The Crisis: Debt-End or Dead-End. The presentation I gave (via Video Conference) was entitled “Why the Greek debt should be cancelled. It was odious in the first place.” It can be viewed via this link.