The QE process
Monday, June 19th, 2023The QE process describes the series of transactions undertaken through the central bank reserve accounts maintained by commercial banks with a central bank as a
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Publications
Friday, February 10th, 2023This page refers to and links where possible to my major publications, largely to shut up those trolls who say I have never written anything.
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Richard Murphy
Tuesday, July 4th, 2006Richard Murphy (66) was a practising chartered accountant for forty years and is now a political economist. He is Professor of Accounting at Sheffield University
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Jacob Rees-Mogg is right: the Bank of England is a massive threat to our well-being
Monday, May 13th, 2024The Guardian has reported this morning that: Jacob Rees-Mogg has accused the Bank of England of “miserable incompetence” over its failure to reduce inflation more
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Quantitative tightening will thwart any economic plans Rachel Reeves has unless she challenges it head on
Wednesday, May 8th, 2024I have already noted that the FT has this morning, noted that Rachel Reeves is offering Tory economic thinking as if it is Labour policy.
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Nationalising Thames Water will not in any way threaten the stability of UK financial markets
Monday, April 29th, 2024The Guardian is making a splash this morning on his story: Senior Whitehall officials fear Thames Water’s financial collapse could trigger a rise in government
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Are those calling for more defence spending simply trying to stoke inflation?
Tuesday, April 16th, 2024According to historian Niall Ferguson, we are, apparently, incredibly close to the onset of World War III. There is a land war in Ukraine. There
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It takes considerable inability to get so much, so wrong, so often, but the Bank of England has achieved it.
Tuesday, April 2nd, 2024As the Guardian reports this morning: [Retail] industry figures show prices rose at an annual rate of 1.3% in March, down from a rate of
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We need an economics that prioritises the needs of people
Tuesday, March 19th, 2024I have written this morning about the costs that will arise as a result of our need to make good on decades of underinvestment in
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