The furore about the use of a personal service company to supply the services of the director of the Student Loan Company is appropriate. It
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Richard Murphy talking to the Renegade Economist – part 1
This is a video just released of me talking a couple of weeks ago with Ross Ashcroft of the Renegade Economist about the state of
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There’s at least one economist who realises government debt owned by the central bank isn’t debt at all
I’m pleased to note that at least one major economist realises that public debt owned by the central bank of the government that issued that debt isn’t
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Just suppose we were only borrowing £35 billion a year – what could we do?
Over the last week I’ve been arguing that the government gilt purchases made under the quantitative easing programme effectively cancel that debt. Being realistic, as the IFS predict,
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Swiss whistle blower says era of banking secrecy is far from over
International Tax Review is carrying an exclusive interview with whistleblower Ruedi Elmer in which he talks about his experiences as chief operating officer for Swiss bank Julius Bär
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Explaining the accounting of why the UK only has debt of £650 billion right now
I have noted that when my explanation of why the UK owes much less debt (see also here) than the Tories claim was posted on the
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We don’t need to cut government spending because we’re not borrowing right now
Last week a wrote a blog explaining why all the data being published about government borrowing is wrong. We haven’t right now got government borrowing
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The IFS verdict: Osborne has no chance of clearing the debt and we’re in for a torrid time
I admit I have not read all the IFS Green Budget, published this morning. This is the core of the fiscal forecast: You can ignore
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The UK’s debt is falling, again – it will be about £650 billion by next week
As Larry Elliott has noted this morning in the Guardian another round of quantitative easing is now almost inevitable as money supply has fallen in
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