Local Government Funding: Challenging the Status Quo

Professor Bill Mitchell, who is on a promotional tour for his new book ‘Macroeconomics’ will address a number of key issues, including:

– The myopic nature of austerity – it ends up costing more in the long term.
– Why the British government faces no financial constraints and is unlike a household or local government.
– Why first-class provision of public services only depends on the availability of real resources.
– The policy options available to our currency issuing sovereign government that can be used within real resources constraints, to help local government finances.
– How localised unemployment, underemployment, insecure employment and low-paid employment can be tackled through a central government funded policy such as a Job Guarantee Scheme.