Resilient response

step change

The green new deal

Around the world governments are intervening in the economy in ways that would have once seemed unimaginable. This blog thread explores the responses to the pandemic emerging around the world, and the policy proposals and practical approaches that might see us emerge, re-set and equipped to respond to the interlinked crises in climate, nature and inequality.

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The challenge we are currently facing is unprecedented in its scale, nature and impact. Around the world governments are intervening in the economy in ways that would have once seemed unimaginable. This blog explores the responses to the pandemic emerging around the world, and explores the policy proposals and approaches that might see us emerge, re-set and equipped to respond to the crises in climate, nature and inequality

How to get the economy working for all of us

This is the latest Green New Deal letter in the Guardian: Central banks printing more money through quantitative easing do not risk hyper-inflation. The US, UK, Japan and recently the EU have printed or plan to print about a staggering £5tn of QE money and yet...

How Green Infrastructure Quantitative Easing would work

Quantitative Easing is back on the global economic and political agenda. The growing threat of deflation has meant that Japan has just reintroduced QE, and the European Central Bank has begun its own programme to deal with the serious economic problems of the...

Let’s talk about what kind of QE can actually turn the economy round

This letter was published in the Financial Times today: Sir, You are correct to say (“No need for hostilities in the phoney currency war”, editorial, January 24) that the eurozone’s problem is weak domestic demand, but wrong to claim that the usual form of QE could...

Obama's example for the UK

This is from the Guardian today: Larry Elliott is right to be sceptical about whether the trillion-euro dose of QE will solve Europe’s economic problems (Report, 21 January). Like its £375bn UK predecessor, it will buy government bonds from banks and, as happened...