To answer a question I am often asked, and which was asked in response to relevant infographics on banks, I offer this: How to expand
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Jamie Dimon’s choice
These two stories appear next to each other in an FT email this morning: You do not need to read the stories themselves to understand
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Who is a foreign national? The question Reform needs to answer
The FT has this headline this morning: Reform UK has vowed to cut £50bn from the welfare bill by slashing benefits for foreign nationals and
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The repugnance of Robert Jenrick
In my post on Robert Jenrick’s proposals, made on behalf of Reform, to change UK policy on health and disability benefits, I mentioned my concern
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Reform wants people off benefits. But where are the jobs?
Robert Jenrick MP, the former Tory who now skulks beside Nigel Farage on the Reform bench in Parliament, thinks Britain has what he calls a
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Understanding economics: What is macroeconomics?
What is macroeconomics, and what does it tell us about how an economy really works? In this episode of Understanding Economics, I explain why macroeconomics
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Burnham is pandering to the right over Jason Arday’s death
The FT reported yesterday that: Andy Burnham has called for a “moment of reflection” after the “tragic” death of Jason Arday, as tributes were paid
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Infographic: Bank interest
After posting yesterday’s infographic on how banks create money by lending, there were questions and challenges, both here and on Substack, about how this suggestion
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Debate Ammunition: The Cost-of-Living Crisis
THE RICHARD J MURPHY YOUTUBE CHANNEL DEBATE AMMUNITION The Cost-of-Living Crisis Funding the Future | August 2026 Topic The UK cost-of-living crisis is real and
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