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Richard Murphy on tax, accounting and political economy

59
Thank goodness for the government’s ability to create money

Posted on May 22 2020

I have just put out the following Twitter thread to address some of the nonsense being said about inflation risk today, and other comments that
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41
We’ll be just fine so long as no one, anywhere, anytime, thinks that we have to repay the government’s so-called debt. Because in this crisis that is the one thing we will not need. 

Posted on May 22 2020

I have just posted these comments as a twitter thread, which is why they are written in the short form that they are in: The
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41
Thoughts on government debt this morning

Posted on May 22 2020

The government borrowed £62bn in April. Twitter is hyperventilating. These were my contributions to that platform, so far this morning: There is another thread to
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18
Negative interest rates: the new economic reality is just fine right now

Posted on May 22 2020

As the FT has reported this morning: Growing expectations for further rate cuts in the UK sent yields on government bonds below zero on Thursday,
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2
Climate, economic and tax justice are the same fight

Posted on May 22 2020

Very shortly before the coronavirus pandemic really broke the Tax Justice Network published the first of a two-part series of articles on the relationship between
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17
Cancelling the NHS charge to migrant workers may be one U-turn, but it’s also a clear sign of systemic incompetence

Posted on May 22 2020

The Johnson government has suffered its first, and quite humiliating, U-turn. As has been widely reported, despite Johnson’s staunch defence on Wednesday of the charge
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