Richard Murphy on tax, accounting and political economy
For me the most important chart in any economic forecast is that on the sectoral balances. This says who is going to save, and who
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This is why no one gets economic data. This is just published by the Office for Budget Responsibility: Give us the numbers – not percentages.
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The world is obsessed by quantitative easing and borrowing. But it is a simple accounting fact that for every borrower their must be a saver.
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The Financial Times has reported this morning that: British people “lack a basic understanding” of economic statistics such as unemployment or the government’s deficit, and
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As the Guardian reports this morning: The government has privately admitted the UK faces an increased likelihood of “systemic economic crisis” as it completes its
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The Guardian’s morning briefing includes this paragraph today: The chancellor’s second mini-budget of the pandemic will lay bare the government’s fears over the long-lasting impact
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My Green New Deal colleague Colin Hines had this letter in the Guardian overnight: Your editorial (23 November) highlights how Rishi Sunak is softening the country up
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