I posted this as long ago as 2010. I am reposting it because in essence nothing has changed in the UK on this issue since
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The Bank of England should be nowhere near macroeconomic policy in the future
I don’t always agree with the FT . On this occassion, when they are commenting on Labour’s new plan for the Bank of England, I
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Labour’s new policy and the Bank of England is fundamentally pro-capital and anti-labour
I try very hard to be positive about the Labour Party’s economic policies, and I promise you, it is hard. Take this morning as an
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The country wants and needs more government debt
In principle a government with its own central bank does not need to issue gilts to cover its deficit: it can simply run an overdraft
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The clean energy revolution
This video has just been published by Jeremy Leggett of Solar Century and the Green New Deal group. He has been at the forefront of renewable
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An academic blog? Come on…..
I’ve just read a column by Paul Krugman on whether the US has full employment, or not. I think he’s called the issue wrong by
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Stephanie Kelton in London
There is something rotten in the state of accountancy and it’s not just KPMG audits
According to the FT: KPMG has been sternly rebuked by the UK accounting watchdog for an “unacceptable deterioration” in the quality of audit work it
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The government is refusing to play its part in creating money the economy needs
The UK is expected to have GDP of £2,054 bn this year (table 4.1 here). In current cash terms that is expected to grow to £2,116 bn
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