Ann Pettifor’s The Coming First World Debt Crisis (Pettifor 2006) was the first book to warn of the approaching 2007 Global Financial Crisis. More than decade after that crisis, its cause—excessive ...

In a recent article, Yıldızoğlu (2021) reminded us of the Fermi Paradox, which can be summarised as: Although the probability of the existence of other forms of life in the universe is sufficiently ...

After being attacked by monetarists and others for many decades, MMT and the idea that running government budget deficits is stabilizing instead of destabilizing is suddenly gaining applause from the ...

Joseph Keppler, The Bosses of the Senate, 1889. As part of this series celebrating PRIME’s tenth anniversary, we are looking forward to the next ten years. This contribution by Laurie Macfarlane looks ...

On the eve of the 2019 annual meetings of the World Bank and IMF, we are once again alerted to a rise in the debt burdens of low-income countries. Last year the total external debt of both low- and ...

This article is from the latest e-publication “Remain for Change: Building European solidarity for a democratic economic alternative” from EREP, the network of Economists for Rational Economic ...

Editors’ note: This week PRIME is publishing the set of five lectures given by Karl Polanyi in autumn 1940 at Bennington College, Vermont, entitled “The Present Age of Transformation”. The lectures ...

PRIME has from the start intended to rethink economic theory to take on board the ecological crisis and its human impacts. It has played an important role in developing the idea of a Green New Deal, ...

The Financial Times asked economists the following: How far will the Bank of England raise interest rates next year? Do you think they should? PRIME economists responded in this way: We think much ...

The OBR’s approach to forecasting has always been pretty arbitrary, but yesterday the arbitrariness became completely transparent, rendering its forecasts for Government deficits close to meaningless.

“Solidarity Mural,” Terence Faircloth. With acknowledgements to Non-Profit Quarterly. https://nonprofitquarterly.org/scaling-economic-solidarity-the-pandemic ...

A new European Clearing Union would restore a common purpose to the European project and help defeat the rising ride of authoritarianism. There are many on the left who are sceptical of the European ...