Speech at Finance Workshop, Ambrosetti, 26 March, 2021
Ambrosetti -The European House – is a professional group founded in 1965 which has gradually developed many activities in Italy, in Europe and in the world. It is similar in prestige to the annual meeting of executives at Davos.
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For Lloyds of London: Climate breakdown and systemic risk
This is Futureset, an expert-led digital platform for business leaders. In this second episode of The Expert’s Take, Ann McElvoy talks to economist and author Ann Pettifor about the systemic risk associated with the climate crisis.
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After the furlough ‘tide’ recedes?
Is our biggest worry inflation? No, our biggest worry is a fall in employment, investment and income. Inflation is caused by the economy ‘overheating’. Wage and price inflation arises when economic activity (investment, employment, income) exceeds the capacity of the economy. Put simply, inflation most often arises in conditions of full employment, when incomes are
Billionaires & the pandemic: in happy alignment
There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily? The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as
Back to normality? For the economies of central Europe?
A conference organised by Euromoney: Which economic, political and behavioural responses to the pandemic can’t be un-invented? And which were temporary?
• Paying the bill. How much debt have governments take on? will they ever be able to repay? Should we worry?
• Rethinking the social contract: will covid-austerity cause populism 2.0?
Moderator: Christopher Garnett, Senior Advisor, GlobalCapital Events
Speakers: Peter Brezinschek, Chief Analyst, Raiffeisen Bank International
Gilles Moëc, Chief Economist and Head of Research at AXA IM, AXA Group
Ann Pettifor, Director of Policy Research in Macroeconomics, Prime Economics
Debora Revoltella, Director, Economics Department, European Investment Bank (EIB)
Azad Zangana, Senior European Economist and Strategist, Schroders Investment Management
Back to normality? For the economies of central Europe? Read More »
US gifts Wall St. the Green New Deal
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
How does Labour rebuild trust on the economy?
This piece is cross posted from Labour List on the 14 January, 2021. Labour has a steep hill to climb to regain the public’s confidence that it can be trusted to manage the economy. I get that. And Labour has to recover from a catastrophic electoral defeat – a defeat that took place under the
COP26: System change to sustain life on earth
The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”. It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down