Jean-Baptiste Colbert (1619–1683), the Comptroller-General of Finances under Louis XIV of France, is widely credited with saying: “The art of taxation consists in so plucking
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Reeves is still missing the point
As The Guardian reported last night: The bosses of Britain’s “big five” retail banks have been summoned to a meeting with the chancellor, Rachel Reeves, this
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Can your pension savings really keep you in old age?
The UK pension system is built on a false idea: that savings and financial assets can guarantee security in old age. In this video, I
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Time off
I took time off over the weekend, whilst doing a lot of reading on money, seeking to find ways to reconcile chartalist (MMT) and Marxist
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Recommended reading
Will Thomson, who organised the Scottish Festival of Economics, at which I spoke recently, has been chasing other presenters and me at that festival since
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Starmer: a weak, professionally incompetent and negligent man
Did I miss anything in the ongoing Starmer/Mandelson fiasco by not discussing it yesterday? The answer would appear to be that I did not. Speculation
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Financial speculation is imposing a heavy price in this war
I note this chart of the oil price over the last year. It comes from the invaluable Trading Economics website. It is correct to Last
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Is capitalism undermining democracy?
In this podcast, I discuss with John Christensen how capitalism and democracy have come apart, and why this was not an accident. Together, we explore
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Have a good one
There is a lot going on in the world today, and I have an opinion on a lot of it, but when even a barista
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