Publications: Economy and Industry
In Land Revenue
Andy Hull
Think piece, 8 May 2013
This paper argues that our current land economy does not serve us well. In response, it proposes a Land Value Tax for the UK. A Land Value Tax, targeted at unproductive wealth and speculation, could help deliver the house-building revolution – and the economic revival – our country desperately needs. In the end though, the proposition is simple. The few who own this land of ours should not get off tax-free while too many people cannot afford a decent home.
Financing the Social State
Richard Murphy, Howard Reed
Policy paper, 22 April 2013
This paper seeks to show that the policy of austerity that has increased idleness and has now given rise to the additional problem of disguised underemployment, makes no economic sense. Focusing on fiscal and taxation policies, Richard Murphy and Howard Reed argue that, as in Beveridge's time, the global recession now provides another revolutionary moment in which new thinking is required.
Towards a new tax consensus
Richard Murphy
Policy paper, 31 May 2012
For more than thirty years the politics of the UK and most other western democracies has been dominated by a notable and consistent adherence to a single consensus on tax issues. But as this paper makes clear, there are clear economic and social arguments for progressive taxation. The counter-arguments are weak. However, the gains for society that progressive taxation can deliver are dependent upon creating a new social consensus. Tax could be the means for building that 21st century economic consensus and this paper sets out a research and policy programme that could create that agenda.
Fiscal austerity
Prof Malcolm Sawyer
Policy paper, 21 May 2012
In his paper for Class Prof Malcolm Sawyer explains why the austerity programme is economically irrational, socially irresponsible, and fundamentally lacks credibility in its central goal of reducing the budget deficit. He argues instead that the reduction of the budget deficit can only come from a revival of private demand which is harmed by an austerity programme.
Rising inequality and financial crises
Stewart Lansley
Think piece, 10 May 2012
This Think Piece argues that if the UK is to achieve a sustainable recovery from the current financial crisis, the wage share needs to be restored to post-war levels and the great concentrations of income and wealth broken up.
Blog:
In place of fear: It’s time to tackle alarming health inequalities
Publication:
In Place of Fear
Blog:
Mervyn King’s rosy recovery prediction means little for a shattered nation
