I am grateful to Martin MacDonald who posted this tweet: To which he appended this chart: Does anyone smell a rat? Could that rat just
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Tax, economics, audit and accounting are all intimately theoretically related – but almost no one seems to notice
I was asked yesterday why my work roams across tax, economics, accountancy and audit. It was suggested that this is unusual. It was an interesting
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There is no such things as taxpayers’ money
Few things make me more annoyed than the claim that ‘we’re spending taxpayers’ money’. This video explains why (and yes, the apostrophe has gone missing….and
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Government Expenditure and Revenue Scotland is the usual fabrication, whilst hinting at how badly treated Scotland has been
The Government Expenditure and Revenue Scotland (GERS) statement for the year to March 2020 has now been published. It would take a stronger will to
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The failure of Johnson’s government in one graph
This chart has been published by the Guardian this morning: It might be said to be the graphical presentation of failure. It’s hard to interpret
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What makes up the national debt? It’s a good question, precisely because there is no obvious answer
I have been looking at the thorny issue of what makes up the public sector net debt, excluding public sector banks, that was announced last
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Today is GERSday – the day when the Government Expenditure and Revenue Scotland statement is published
For the last few years I have been involved in debate on the quality of the Government Expenditure and Revenue Scotland statement. It is how
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How do banks create money?
Modern monetary theory highlights the important role of the government in creating money when it spends. That process makes sure our money has value. But
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Green infrastructure could pave a way out of crisis
Having had a letter in the Guardian today with me, Colin Hines also has one on a fairly similar theme in the FT: Letter: Green
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