In this review, Pettifor and Tily argue that Piketty’s determinism (which suggests that inequality will continue to rise indefinitely and that interest and growth are on a preordained trajectory) ...

Chronis and Droucopoulos contend that it would take an inordinate dose of audacity from someone to maintain that the adjustment programmes imposed on Greece and executed from 2010 onwards are not ...

This paper was first published in July 2010, and revised in February 2011. This new edition (March 2016) includes a preface by the authors to the 2011 paper in which they look at how their analysis ...

Ann Pettifor’s speech to a meeting of the Malaysian Securities and Exchange Commission & the Institute of Islamic Studies, Ditchley Park, Oxford, March, 2015. Pettifor discusses usury, credit, ...

In this latest PRIME publication, Geoff Tily argues that parallels between events in Greece today and Germany in the 1920s go much further than commonly understood, and the policy implications are ...

This analysis was co-authored by Geoff Tily and Ann Pettifor and published by the New Economics Foundation under the title, “The cuts won’t work: Why spending on a Green New Deal will reduce the ...

Where the EU investment agenda comes from and how to boost it? Raising the banner of investment has been the most important development of 2014 for European policy. Clearly, Europe needs a better ...

Keynes’s agenda for monetary reform evolved from an interplay between practical instinct in the face of real world events and the development a theoretical analysis of increasing sophistication and ...

Reading GDP: A Brief But Affectionate History by Diane Coyle (2013) led to the question – when and how did GDP growth become the central focus of policymaking? Younger readers may be more surprised by ...

The euro not only replicated key elements of the gold standard – but went much further: European currencies were simply abolished. States lost control over both their currency and their central bank.

In this paper, Tily and Pettifor analyse two articles by Bank of England authors on Money in the Modern Economy and discuss the implications for economic theory and practical policies; and for the ...

Reinforcing the case made in the Prime publication ‘The Economic Consequences of Mr Osborne’ in 2010, this study examines the impact of government stance on public debt for eleven OECD countries from ...