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Budget 2020 | ‘It is an admission that austerity did not work’ | Ann Pettifor

Summary:
The following day from the 2020 budget, the Progressive Economy Forum (PEF) interviewed five of its Council members on the budget and the economic direction of the United Kingdom. Here, Ann Pettifor, Co-Director of Policy Research in Macroeconomics (PRIME) and a fellow of the New Economics Foundation. She is the author of The Case for ...

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The following day from the 2020 budget, the Progressive Economy Forum (PEF) interviewed five of its Council members on the budget and the economic direction of the United Kingdom.



Here, Ann Pettifor, Co-Director of Policy Research in Macroeconomics (PRIME) and a fellow of the New Economics Foundation. She is the author of The Case for the Green New Deal, a member of the Green New Deal Group and a co-author of the original 2008 proposal. Here she discusses the 2020 budget, fiscal rules, social spending and the climate emergency.



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.

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