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Richard Murphy on tax, accounting and political economy

38
The Treasury has made £65 billion from the quantitative easing programme to date. No wonder the Government wants to do some more.

Posted on June 19 2020

I thought I should draw attention to a curious little feature of the annual accounts of Bank of England Asset Purchase Facility Fund Limited, just
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16
It’s time that people realised that interest costs are not a concern whatever the level of debt right now and it’s time that think tanks stopped saying that they are

Posted on June 19 2020

The IFS is peddling its usual nonsense on macroeconomics this morning. In a new report  They make some predictions for the economy, most of which
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10
Constructive work

Posted on June 19 2020

I liked this Tweet to which my attention was drawn this morning: That is so true. And on that score, might I apologise for some
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2
The Scottish Currency Group

Posted on June 19 2020

Tim Rideout is running  Facebook group for his Scottish Reserve Bank: I became to 400th member yesterday. I am aware that a number of Scottsh
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22
We can afford the increase in government spending

Posted on June 19 2020

I suspect this one is for the geeks, and is a chart of how public spending has changed in the last year, issued by the
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10
There is one thing you need to understand about today’s public debt figures – and that is that public debt has not increased

Posted on June 19 2020

The Office for National Statistics has just issued new public debt statistics. The headlines will be all about the issues that they highlight in their
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