Corbyn reveals big names in new Economic Advisory Committee

27th September, 2015 12:04 pm

boardroom1jpg.jpg

Famous economists Thomas Piketty, David Blanchflower and Ann Pettifor are among the names to have joined Labour’s Economic Advisory Committee, the party have today revealed.

The group will be convened by Shadow Chancellor John McDonnell and will report to leader Jeremy Corbyn. They will meet four times a year to discuss ideas to be fed into Labour’s official economic strategy. The committee will be made up of:

·  Mariana Mazzucato, Professor, University of Sussex

· Joseph Stiglitz, Professor, Columbia University, recipient of the 2001 Nobel Memorial Prize in economics.

· Thomas Piketty, Professor, Paris School of Economics

· Anastasia Nesvetailova, Professor, City University London

· Danny Blanchflower, Bruce V, Rauner Professor of Economics Dartmouth and Stirling, Ex-member of the MPC

· Ann Pettifor, Director of Policy Research in Macroeconomics (PRIME), and an Honorary Research Fellow at the Political Economy Research Centre of City University

French economist Piketty shot to fame last year when his book, Capital in the Twenty-First Century, became an unexpected international bestseller. Pettifor has worked as an adviser to Ken Livingstone and Margaret Beckett, and has published nine book on economic matters, while Blanchflower served on the Bank of England’s Monetary Policy Committee and has written extensively for The Guardian.

Corbyn announced the news with a statement saying:

“I was elected on a clear mandate to oppose austerity and to set out an economic strategy based on investment in skills, jobs and infrastructure. Our economy must deliver security for all, not just riches for a few.

Shadow Chancellor John McDonnell  he was “delighted” with the committee and was looking to develop “a radical but pragmatic and deliverable economic policy for our country.” He added: “Austerity is failing the people of this country. Working alongside world leading economists Labour will present the coherent alternative our country desperately needs.”

Thomas Piketty said that the committee is a “brilliant opportunity for the Labour Party to construct a fresh and new political economy which will expose austerity for the failure it has been in the UK and Europe.”

To report anything from the comment section, please e-mail [email protected]

Latest

  • Comment Uncategorized Sharon Hodgson: Labour will always stand up for children with special educational needs

    Sharon Hodgson: Labour will always stand up for children with special educational needs

    Since the Government announced its Schools White Paper last month, focus has been on their ham-fisted plans for the forced academisation of all schools. Though Ministers have subsequently U-turned on these flawed plans – after mounting opposition led by Labour and including parents, school leaders, teachers, governors, local councillors and their own backbenches – it is clear that they are still intent on obsessing over forcing or coaxing every school in England to become an academy. This fixation with school structures comes at the expense of raising standards for […]

    Read more →
  • Featured News Jess Phillips hit by 600 rape tweets in one night

    Jess Phillips hit by 600 rape tweets in one night

    Jess Phillips has spoken of her disgust after receiving 600 tweets in one night about her rape. The Birmingham Yardley was bombarded with vile messages after launching a campaign to end online sexist bullying. “To see the attack of a pack on here check out my mentions 600 odd notifications talking about my rape in one night. I think twitter is dead,” she wrote on the online platform. Phillips, who was sexually assaulted as a teenager, today described the revolting […]

    Read more →
  • Comment Featured Uncategorized Labour must view immigration as a political opportunity rather than an obstacle

    Labour must view immigration as a political opportunity rather than an obstacle

    In 2014, the last reliable figures that take ethnicity into account, there were 790,000 Poles living in the UK. With EU net migration still in the positive, and suggestions these figures might be a grossly underestimated, the total number could be significantly higher. To be clear, this is not a piece about immigration, or, at least, not about its effects on Britain, but about what policies may convince Polish migrants to vote Labour. Because the Tories have a head start. As EU migrants, most […]

    Read more →
  • Europe Featured News Swathes of Labour voters still unsure of party’s position on EU poll

    Swathes of Labour voters still unsure of party’s position on EU poll

    Nearly half of Labour voters don’t realise their party overwhelmingly wants Britain to stay in the EU, a new poll reveals. Despite Jeremy Corbyn’s decision, relatively late, to swing behind the Remain campaign, nearly half of Labour voters wrongly thought the party was either split on the issue, or backing Brexit, or they did not know. In fact, a huge majority of Labour MPs wants Britain to vote to remain in the bloc. More than a quarter (28 per cent) of […]

    Read more →
  • Featured News Seats and Selections Luciana Berger in running for Liverpool City Region Mayor

    Luciana Berger in running for Liverpool City Region Mayor

    Luciana Berger will today become the third candidate in the race to get the Labour nomination for the Liverpool City Region Mayor election. Berger, who attends Shadow Cabinet as Shadow Minister for Mental Health, will announce her bid with a speech to local Labour members this afternoon. She is the second shadow minister to launch their candidacy for a new directly elected mayor position in a North West city, following Andy Burnham kicking off his Greater Manchester Mayor campaign earlier […]

    Read more →
Share with your friends










Submit