Building Back Better with the Magic Money Tree webinar
Channel: Positive Money
Date: 07/10/2020

The third and final event in our autumn series of webinars.

Speakers:
Maeve Cohen, co-author of the recent report ‘Towards a Feminist Green New Deal for the UK’. She co-founded the Post-Crash Economics Society and is former director of Rethinking Economics. She's currently a researcher in the Sustainable Consumption Institute and completing an MA in Political Economy at the University of Manchester.

Chaitanya Kumar, Head of Environment and Green Transition at the New Economics Foundation. Previously Head of Climate and Energy Policy at Green Alliance and prior to was South Asia campaigns leader for 350.org. He holds an MSc in energy policy for the Science Policy Research Unit at Sussex University.

Danisha Kazi is Positive Money’s Senior Economist. Prior to this she worked as a Senior Teaching Fellow at SOAS lecturing in heterodox economics. She has an MA in Development Economics and PhD in Economics for SOAS University.

Event description:
We’ve been told by countless politicians that there is no magic money tree. But as the Bank of England has proven time and again - this simply isn’t true.

In the last six months alone, the Bank has used their power to create new money to pump over £18 billion into bailing out big businesses via the Covid Corporate Financing Facility. While a decade of quantitative easing after the financial crash, disproportionately benefited the rich and resulted in higher asset and house prices for everyone else.

Imagine what we could do instead.

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