Partial Justice: The US Courts v Argentina

Partial Justice: The US Courts v Argentina

Jeremy Smith
July 2014 

An in-depth critique of how the US courts have interpreted the law and exercised their wide discretion in the disputes between NML and Argentina. Smith proposes that a fair remedy would be to order Argentina to pay NML on the identical basis to the exchange bond-holders.

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Book Review: The Power to Create Money ‘Out of Thin Air’

Book Review: The Power to Create Money ‘Out of Thin Air’

Ann Pettifor
January 2013

In this review essay of Geoffrey Ingham’s book Capitalism, Ann Pettifor stresses the need to understand the elastic production of money under capitalism and to move beyond the legacy of Adam Smith and ‘fractional reserve banking.’

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Why the Economic Case for a 3rd Runway at Heathrow Still Won’t Fly

Why the Economic Case for a 3rd Runway at Heathrow Still Won’t Fly

Ann Pettifor and Jeremy Smith September 2012

In this PRIME Position Paper, Ann Pettifor and Jeremy Smith record why – on economic as well as environmental grounds – they remain strongly against the Heathrow extension, and against building any new major airport in the London and south-east region.

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Understanding the Crisis: Clarity on Measurement, Clarity on Policy

Understanding the Crisis: Clarity on Measurement, Clarity on Policy

John Weeks
April 2012

Weeks critiques the government’s “deficit disorder” approach to economic recovery and argues that prioritising deficit reduction is unfounded. A policy reversal based on fiscal stimulus, public borrowing and personal income tax increases is needed.

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The Economic Consequences of Mr Osborne

The Economic Consequences of Mr Osborne

Victoria Chick & Ann Pettifor, with G Tily
July 2010, updated February  2011

Fiscal consolidation does not ‘slash’ the debt, but contributes to it. As the extent of economic recovery becomes increasingly uncertain Prof. Chick and Pettifor examine a century’s worth of macroeconomic evidence to argue that contrary to conventional wisdom we need to ‘spend away the debt’.

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Spending Away Debt

Spending Away Debt

Ann Pettifor & Douglas Coe
October 2012

This analysis was co-authored by Douglas Coe 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 public debt, cut carbon emissions, increase energy security and reduce fuel poverty.” 

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