Martin Wolf used his FT column this morning to demand that Labour increase taxes in this country. He did not do so to address the
Read the full article…
Rearmement is not the answer to any known question
According to the FT, UK Chancellor of the Exchequer John Healey will claim today that, and I quote, “Britain is about to enter “a new
Read the full article…
Burnham needs to learn How to Govern
I watched Laura Kuenssberg’s interview with Andy Burnham before the Labour Party conference started yesterday. It was a dispiriting event that did neither of them
Read the full article…
What is interest?
Why should money earn interest simply because somebody owns it? We usually treat interest as a natural and inevitable part of the economy, but in
Read the full article…
The Fed Just Raised Interest Rates. Recession is next
I have a new podcast out with Prof. Radhika Desai: I really enjoyed this conversation. Like my conversations with John Christensen, I think this is
Read the full article…
Ottering
I said I would go birdwatching yesterday. And I did. There are four types of geese in this photograph: greylag, Canada, punk-footed and Brent (much
Read the full article…
There is no such thing as taxpayers’ money
Politicians and economic commentators constantly talk about “taxpayers’ money”. In this video, I argue that this phrase fundamentally misrepresents how government spending and taxation work.
Read the full article…
The FT’s indifference to economic madness
The FT has this headline this morning: The claim is then made that: [The] S&P Global’s Purchasing Managers’ Index on Wednesday, … surprised Wall Street
Read the full article…
Manchester City must be expelled
As The Guardian and every other newspaper in the UK, and many other countries around the world, have reported this morning: Manchester City have been
Read the full article…

Buy me a coffee!
