One of the apparent oddities of the current crisis is the fact that stock exchanges have not fallen as far as might be expected. The
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The cost of the ‘axis of tax avoidance’ to the EU
I liked this form the Tax Justice Network: The full report is here. Note however two things. The first is that the UK is not
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Question of the day: Universal basic income or a job guarantee?
Research by the the group called Green New Deal UK (which is not same as the one I am involved in) has reported that people
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Bailout: a decision tree
I have to say that I think this is rather good from the New Economics Foundation: Putting together our bailouts blog we reviewed contributions from
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Why MMT? A discussion with Warren Mosler
This post was first published in February 2018 on this blog and I confess I had forgotten about it. It seems worth republishing now. ______________________
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Seven weeks too late
As the FT has noted: Chancellor Rishi Sunak on Monday unveiled new support for Britain’s smallest businesses under which they will be able to borrow
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There is a growing threat of deflation, in which case the last thing we need to talk about now is ‘who is going to pay for this crisis?’
The FT has just reported that: Market measures of short-term inflation expectations remain at the lowest levels since the financial crisis, putting pressure on the
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The Daily Telegraph now admits there is a ‘magic money tree’ and that it shatters the case against wealth taxation
As Peter May noted on the Progressive Pulse blog yesterday: Even the Daily Telegraph has now admitted there is a Magic Money Tree. The assistant editor
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Financialisation and productivity: there are worrying trends in the data
This was posted today by the Productivity Insights Network which was established in January 2018 and is funded by the Economic and Social Research Council. I
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