I spoke to an old friend this afternoon, and we discussed the onset of what we both see as a global recession from which we
Read the full article…
Modern Monetary Theory and the Changing Role of Tax in Society
I have a new peer-reviewed journal paper out this morning on a theme many on this blog might be interested in. Co-authored with Prof Andrew
Read the full article…
The government has a duty to provide the market with more bonds right now as a way to stem the fear that’s pervading the system
As the Guardian has reported this morning: Money is absolutely pouring into government bonds, as investors try to find somewhere safe to put their money.
Read the full article…
Will Sunak recognise he needs to turn the spending taps on, as he must?
You can’t be sure when history is being written, but it may be this morning. With oil prices down 30%, the FTSE due to open
Read the full article…