geoff tily

The Office for Budget Responsibility has hardwired austerity into British fiscal policymaking. It is an independent institution with too much power and too little democratic scrutiny. It must go. My new report @NEF suggests what should replace it Thread ⬇️

@AlexValchyshen @VlStarodubtsev @LevyEcon Hi there. basically gave up twitter , but have to look occasionally. grateful for your recommending my work. Thanks!

@VlStarodubtsev @geofftily @LevyEcon Also, on Keynes ethics there is another article by late Victoria Chick, who is widely acknowledged as one of major Post Keynesians. She supervised @geofftily's phd work out of which the above-mentioned book on Keynes emerged worldeconomicsassociation.org/files/journals…

I love how Keynes is unapologetically hates businessmen, capitalism, its morality, injustice and just says it directly. Without any nonsense talk. He was very ethical and moral thinking. And his economic theory, really, appears from his moral values more than everythinf

2 days to go ! Sign up for the PEF conference at SOAS: : progressiveeconomyforum.com/events/progres…… Speakers include @jdportes @dannydorling @yanisvaroufakis by video @JoMicheII @williamnhutton @NadiaWhittomeMP @ZackPolanski @geofftily @BenTippet @johnmcdonnellMP

WATCH: Amazon bosses squirm and repeatedly FAIL to answer the question: If Amazon is such a great employer, why have your workers gone on strike so much?

FAO: @bankofengland The risks to the economy and employment are greater than those to inflation: tuc.org.uk/blogs/bank-eng…

Today we show solidarity in the workplace with the horrendous situation in Gaza. Thousands of Palestinians - mainly women and children - have been killed by Israeli military operations and many more are injured. We need an immediate and permanent ceasefire, an end to the humanitarian crisis and respect for international law.

🚨#OECD How's Life Report 2024 “with warning signals on material deprivation, well-being & trust flashing red, economies & labour markets are not robust enough to withstand the turn to a competitiveness, austerity and deregulation agenda'' @V_Nilsson tuac.org/news/oecd-repo…

The government is raising employer national insurance contributions to boost public services. The Low Pay Commission published evidence that most employers absorb higher costs without impacts on pay growth. Protections like the National Living Wage increase and new worker rights will help shield employees. ✅ Revenues raised will deliver urgently needed public service gains that will benefit us all.

Today's budget is a vital first step towards the growth, jobs and living standards working people desperately need. The Chancellor was dealt a terrible hand by the Conservatives – economic chaos, falling living standards and broken public services. But with today’s budget she has acted decisively to deliver an economy that works for working people. Tax rises will ensure much-needed funds for our NHS, schools and the rest of our crumbling public services, with those who have the broadest shoulders paying a fairer share. The Chancellor was right to prioritise hospitals and classrooms over private jets. There is still a lot more work to do to clean up 14 years of Tory mess and economic decline – including better supporting and strengthening our social security system. But this budget sets us on an urgently needed path towards national renewal.

Ahead of Chancellor @RachelReevesMP presenting #Budget2024 later today (and @Steven_Swinford presenting it this morn), some thoughts on things to watch out for on #tax (and some things we might be disappointed not to see) 🧵 @CenTaxUK #taxtwitter

Last year I was commissioned by the UK ministry of housing to write a report on the demand side-drivers of the housing affordability crisis. After some election-related delays, here it is. (1/13) ucl.ac.uk/bartlett/publi…

Andrew Bailey: "For me, the founding father of more developed financial stability theory was Hyman Minsky". bankofengland.co.uk/speech/2024/oc…

In their August report the Bank of England expected 2.1%. Instead CPI is 1.7%: tuc.org.uk/news/interest-…

Solidarity with Argentina 🇦🇷✈️ Strong message of support for Argentinian aviation unions facing government threats to their labour rights from ITF Civil Aviation Section Conference at #ITFCongress2024 @APAERONAUTICOS @aplapilotos

Apparently at WH Smith station bookshop at Milton Keynes Central ... Fine work, people. Fine work.

.@MGSchmelzer second book 'the hegemony of growth' is brilliant and important. The cover and the title alone have already sold me on this newly issued translation of his first book.

Here's quick take on some of its key elements: tuc.org.uk/blogs/massive-…

The government's employment rights bill is a big deal. From overhauling unfair dismissal protection, to getting zero hours workers onto secure contracts, to enabling unions to recruit in new workplaces, it could shake up employment relations.

💶Government policy must support the purchasing power of consumers to 🟢combat low growth and prevent job losses 🍏enable working people to buy more climate & environment friendly goods TUAC Vice President Therese Guovelin tells @OECD #ConsumerPolicy Ministers

Our Sumission to the Treasury for the Autumn Budget. tuc.org.uk/news/labours-f…