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Richard Murphy on tax, accounting and political economy

16
Spooked is not enough when you’re Prime Minister. Ideas and actions are meant to follow, and they are not.

Posted on July 29 2020

I’ve always been a bit of a pessimist when it’s come to the Coronavirus crisis. That I admit. I thought it serious long before the
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26
Rebuilding the Scottish debt narrative

Posted on July 29 2020

I admit that yesterday’s blog on Scottish debt was unusual in two ways. First, it was long. Second, it was developed over the weekend and
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14
Does inflation matter in MMT: a video explanation

Posted on July 29 2020

One of the persistent criticisms of modern monetary theory is that it is not concerned about inflation. I find that very strange. MMT is profoundly
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4
Some MPs get that there’s a tsunami of unemployment heading our way

Posted on July 29 2020

The Guardian reported yesterday that eight people are now applying for employment support for every available job vacancy. And this is before the tsunami of
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79
Scotland won’t need to repay the UK’s national debt if it’s independent unless the UK does as well – and there’s almost no chance of that

Posted on July 28 2020

Summary This is a long post that addresses one of the most sensitive issues in the Scottish independence debate, which is how much Scotland might
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3
Why we need to reform accountancy – a video explanation

Posted on July 28 2020

It is almost universally agreed that accountancy is in a mess. Accounts don’t meet users’ needs. Tax authorities have to create extra reports for their
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22
The Tories are proposing their second flat rate and so regressive tax in a day

Posted on July 27 2020

The Guardian has reported that: The British retail industry has warned that an online sales tax would push up prices for consumers after it emerged
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78
Money in pursuit of hopelessness: the gold price has hit an all time high

Posted on July 27 2020

The FT has a headline, just out: As they note: Gold soared to an all-time high and the dollar weakened to a multiyear low as
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31
Nothing has ever suggested a nation can be successfully oppressed against its will when that will has become apparent: Scotland will not break that rule

Posted on July 27 2020

Ben Wray has an excellent editorial in Source Direct this morning, the daily newsletter from Common Weal, which i think the best think tack in
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