The Banque de France has issued a working paper on modern monetary theory (MMT). In the introduction to it they say: In the last few
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The government’s lax approach to company regulation is permitting fraud that it is doing nothing to stop
I welcome this editorial from the FT this morning: There is nothing much in the editorial that I have not said before. It is, however,
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There is no economic recovery to be seen in Bank of England savings and lending data
This chart is in data just published for August by the Bank of England: Bank lending to businesses is now negative i.e. in aggregate businesses
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If we made gas companies financially responsible for the emissions that burning gas creates we’d change the planet very quickly
As the Guardian note today: The millions of gas boilers in the UK’s homes produce twice as much climate-heating carbon emissions as all the nation’s
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Talking debt
I did an interview on the above theme for an undergraduate run website called Economics Unlocked recently. This is their short version of the interview.
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Keir Starmer should be talking about democracy today
Keir Starmer delivers his speech to the Labour Party conference today. It might be an absolute barnstormer. Even if it is it would be hard
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The audit failings by Grant Thornton at Patisserie Valerie were spectacular, but are only indicative of the structural failings within the audit profession as a whole
The Financial Reporting Council report on the failings of Grant Thornton within their audit of Patisserie Valerie was issued yesterday. The report makes for grisly
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Trade unions blocked democracy for the UK yesterday
Labour had a vote on whether it should back proportional representation yesterday. This was the result: As Neil Lawson at Compass said in a mail
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The Bank of England is getting ready to deliver austerity
The Governor of the Bank of England, Andrew Bailey, gave a speech yesterday. It was intended to set out his view on the future direction
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