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quantitative easing Articles

Could ‘PQE’ work?

Richard Murphy and John Mann debate ‘people’s quantitative easing’ [column-group][column] Yes Richard Murphy People’s QE’ might, according to Ambrose Pritchard-Evans of the Daily Telegraph, be the most important idea that Jeremy Corbyn has put forward. He is not alone...

Speaking for small business

Baroness Jan Royall, the leader of the opposition in the House of Lords, emailed me recently asking whether I could come and join her for a five minute chat.  When the leader summons you, you are prepared for the worst, but I was very pleasantly surprised.  Jan asked...

From technical to proper recession

We were all expecting bad news on growth today – but not this bad. This deeper and longer double-dip recession is a devastating blow to George Osborne’s credibility, but also presents a major challenge to policymakers on all sides. The closer we get to the next...

The injustice of monetary policy

Bank of England governor Mervyn King recently declared in the 2012 BBC Today Programme lecture that ‘our banking and financial system overextended itself’. This included allowing financial institutions to leverage their balance sheets by over 50 times, and making use...