Author: Michael Jacobs, Director of the IPPR Commission on Economic Justice
Blog: The rich need to pay their fair share
by Michael Jacobs, Director of the IPPR Commission on Economic Justice
In proposing one key idea for the new social contract, I will rather sneakily take six of the 73 policy recommendations in the final report of the IPPR Commission on Economic Justice, under one general heading. The core argument of the Commission is that the way the UK economy – and many other [...]
Read moreBlog: The UK economy needs fundamental reform
by Michael Jacobs, Director of the IPPR Commission on Economic Justice
Last week’s announcement by the Bank comes at a time when the UK’s growth forecasts are being downgraded and average real wages are falling. The MPC’s warning is solely a reflection of its mandate to control inflation: since the EU referendum vote, the depreciation of the pound has been pushing [...]
Read moreBlog: We need to rethink economic policy to bring prosperity to the whole country
by Michael Jacobs, Director of the IPPR Commission on Economic Justice
In the US, real median household income is barely higher now than it was in 1990 – despite growth of around 80 per cent in GDP in the same period. In the UK, half of all households have seen no meaningful increase in their incomes since 2005. Before taxes and benefits, only 10 per cent […]
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