2020 March 23

47

At long last the government can borrow straight from the Bank of England – as modern monetary theory has always suggested it should

Posted on March 23 2020

In today’s FT Alphaville was this pure gem: Hidden in last Thursday’s announcement from the Bank of England that it intends to buy another £200bn-worth of mostly
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27

Economists demand more from Sunak – today’s letter in The Times

Posted on March 23 2020

I was a signatory to this letter in The Times today: SUNAK’S RESPONSE Sir, As economists, academics and directors of research organisations, we are writing
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5

So rail nationalisation is possible after all

Posted on March 23 2020

The sham of rail privatisation has just been exposed. As the FT has announced: The British government has suspended the UK rail franchise system in
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1

All mandatory pension scheme contributions should be cancelled right now: this is not the time to pour good money after bad

Posted on March 23 2020

As I am writing stock markets in London have opened and are 5% down on Friday’s closing prices. The tumble goes on. The awareness that
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68

The coronavirus job retention scheme is already in need of rapid reform

Posted on March 23 2020

The government has provided a little more guidance on the coronavirus job retention scheme. They have said: Furloughed workers If your employer cannot cover staff
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13

We have to ration food: nothing else now makes sense

Posted on March 23 2020

I have already called for food rationing. So too now has Prof Tim Lang of City, University of London, in an article in The Conversation.
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