John Healey holds the office of Chancellor of the Exchequer at this moment, to everyone’s surprise, including, I suspect, his own. He was interviewed by
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Understanding economics: What is rent?
Rent is not just the money you pay a landlord. In economics, it means something far bigger and far more significant. Economic rent is any
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Money creation supports the value of pound, rather than harms it
The strongest opposition that I received on LinkedIn, and elsewhere, to my suggestion that we need not worry about the UK’s national debt as it
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If you want to understand government finances don’t ask business or the City
If we want to understand government finances, the last people we should ask are usually businesspeople and the City of London. That might sound surprising.
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Capital gains tax revenues make the case for the Taxing Wealth Report
The naysayers about my Taxing Wealth Report have always said that some of my suggestions, such as equalising the tax rates on income and capital
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The nationalisation taboo
Nationalisation has become the word British politicians dare not say, and the reason they give is always the same: it is unaffordable. They claim that
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The national debt – and the reaction
I have already noted one response to my video about £3 trillion of national debt, posted yesterday. That was on YouTube polls, where 4,900 people
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What do you think the UK’s national debt really represents?
I posted polls posing the question in the title of this post, both on this blog and on YouTube, yesterday. I provided the right answer
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Burnham: another failed PM in the making
A comment was posted on this blog this morning, which hinted that it did not believe Andy Burnham’s suggestion that “Manchesterism is the end of
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