Stephen Beer : Economy

My views on economic policy and the financial sector. I've campaigned with Christians on the Left on bank reform to separate risky banking from the banks which handle retail deposits.

Has the Bank of England done too little too late?

The Bank of England has raised interest rates, but that does not mean it has been most effectively managing inflation risks.

The 100 trillion dollar question

My assessment of the finance pledges at COP26 and what really matters.

ESG must learn from the tech bubble - returns matter

Investors must not forget about profits, even as they focus on wider criteria.

What should the Bank of England do about inflation?

The Bank should signal it will act if higher prices look likely to translate to higher inflation rate.

Companies must be discerning when picking causes to support

Unless CEOs and their boards are clear about their own values, and those of the companies they run, they will fall down a rabbit hole of confusion.

Covid has hit the poor hardest. Is the IMF right to call for a Jubilee?

The IMF's Fiscal Monitor is actually quite radical.

A fiscal No Man's Land: Modern Monetary Theory and the Budget

Spare a thought for finance ministers, and the opposition counterparts who aspire to replace them. The conventional wisdom was that they should at least make an attempt to follow fiscal rules. Now, there are no rules.

Some Humility is in order for years of austerity

My letter in the Financial Times on the need for a framework for economic policy decision-making.