Professor of economics at UWE Bristol. Chair of Post-Keynesian Economics Society. Interested in macro, finance, banking, climate change, inequality, demographics.
https://people.uwe.ac.uk/Person/JoMichell
Jo Michell
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Could be read alongside this less polemical piece which looks at a selection of Green policies — rent control, wealth and land taxes, carbon tax, green investment, nationalisation etc. www.economicsobservatory.com/what-are-the...
As well as this report which lays out some first principles for macroeconomic policy.
Premises:
1. The economic reality faced by policymakers is complex and
unpredictable.
2. The ultimate fiscal risk faced by the British government is a political
risk.
progressiveeconomyforum.com/publications...
Got a piece up on Polanski, MMT, economic policy and all that.
Punchline: Polanski is right that the current institutional and operational framework is past its sell by date, and Greens are asking the right questions — but Richard Murphy’s MMT is not the answer.
blogs.lse.ac.uk/politicsandp...
Jo Michell
Conclusion: institutional architecture must:
1. Allow coordination of monetary and fiscal policy.
2. Separate institutions that do and don't face political risk; public investment projects that don't require tax subsidy should be outside fiscal rules.
progressiveeconomyforum.com/publications...
If there is a form of AI development that might come closest to the Left's goal to break the power of authoritarian tech oligarchs, then enabling the emergence of cheap variants that can be used offline and thus destroy the hypercentralised rentierism of Silicon Valley and the CCP might be an option
At moments of crisis, leaders have a responsibility to speak to, and for, their country.
The PM should be on the airwaves, telling the stories of the children, teenagers and families who have been burned out of their homes; naming those responsible; and leading a national fightback against them.
Russia is openly waging a form of hybrid warfare against us and this is part of it.
Jo Michell
Jo Michell
Jo Michell
This just carries on, day after day.
So far, 'everyone except the energy market guys' has come out on top in terms of Hormuz oil shock predictions. But we don't even know if the half time whistle has blown yet, and stockpiles won't last forever. www.ft.com/content/7863...
The Green Party’s by-election win in Gorton and Denton in February 2026 brought it a record fifth parliamentary seat. Party membership has more than tripled from under 70,00 to over 220,000 since Zack...
www.economicsobservatory.com
Robert Saunders
Duncan Weldon
Dr Rob Calvert Jump (University of Greenwich) and Professor Jo Michell (UWE Bristol) It is widely understood that the UK’s fiscal framework is unfit for purpose. As Gemma Tetlow, writing for the Insti...
We need leaders who can spell out what's happening clearly and with force.
Alexander Clarkson
We need leaders who can spell out what's happening clearly and with force.
Dr Rob Calvert Jump (University of Greenwich) and Professor Jo Michell (UWE Bristol) It is widely understood that the UK’s fiscal framework is unfit for purpose. As Gemma Tetlow, writing for the Insti...
Zack Polanski is pushing some new ideas about economics, inspired by Modern Monetary Theory. But MMT is not a credible basis for a progressive left agenda.
Among the West Bank atrocities, the Hebron killing of 9m old baby hits me most. Broad day light. Soldiers wave for car to stop. Car slows down and stops. Then the soldiers shoot live bullets at the car. Middle class family. The dad is a university professor. This could be me or you.
