Ha-Joon Chang has a new series of lectures coming out on INET on the language of power - and how economics has been used to deny people access to it. This is the trailer:
The series will be on INET and I will draw attention to it when it comes out.
Richard Murphy on tax, accounting and political economy
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Thanks for this – great stuff.
Now do you think that you could slow down? I have a full time job and I’m struggling to keep up somewhat?
It may get worse…
He seems to be saying that taxation underwrites some social programs. If he is saying that, he is wrong, so we won’t be getting a completely accurate view of the current fiat currency system. This, of course, does not invalidate the rest of his thesis.