Despite some truly grim economic statistics, Chancellor George Osborne will attempt to deflect criticism for the failings of austerity economics in his Autumn Statement today, blaming the world economy and the last government.
In 2008, the banks collapsed, and everything changed. The then Labour government, anxious to avoid economic meltdown paid billions to bail them out whilst starting on a programme of public sector cuts that would only increase under the Coalition.
In a landmark lecture at Swansea University this week, a leading Welsh historian and theologian will argue that our thinking about welfare and economics needs to be turned upside down through engagement with disabled people and carers.
The contested details of the latest proposals from the UK Chancellor are only partly illustrative of the momentous economic challenge that lies behind and beyond the Budget, says Simon Barrow. Right now the entire system based at Westminster is failing adequately to comprehend and address, let alone tackle, the really big issues in which economics is a major factor.
It's time to talk about, and talk up, monetary reform – to ensure that the public good that is our money system once again serves the interests of wider society, not just those of private wealth. So says groundbreaking political economist Ann Pettifor, whose new book 'Just Money' demystifies the nature of money and the finance system, showing how and why it needs to be reconstructed.
The arrival of Ann Pettifor's latest book, 'Just Money: How society can break the despotic power of finance' is an important publishing moment, says Ekklesia co-director Simon Barrow. It unmasks the false ideologies of austerity and neoliberalism.