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The book I most want to read, right now

Tuesday, November 17th, 2020

Martin Wolf’s list of economics books for 2020 includes not a single title I have read, and rather bizarrely omits the best seller – Stephanie
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Doing it automatically: the case for international tax cooperation has been won

Saturday, July 4th, 2020

This is reposted from the Tax Justice Network with permission. It is written by Alex Cobham, the TJN CEO. I co-authored Tax Us If You
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Johnson making one mistake on coronavirus timing was bad enough. Making two is unforgivable. 

Friday, June 5th, 2020

Martin Wolf had this chart in the FT last night: I think we can safely pin the case for Johnson’s negligence on that chart alone.
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The FT says its time for the Bank of England to start direct funding of the government: modern monetary theory has won the day

Tuesday, April 7th, 2020

The FT is continuing to face reality as it considers what to do in the face of the coronavirus crisis. It has an editorial today
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Why Rishi Sunak’s loan scheme cannot work and what should be done instead - the full explanation with a worked example

Wednesday, March 18th, 2020

As I noted on this blog yesterday, Rishi Sunak’s suggestion that £330 billion of loan funds might be made available to struggling UK businesses is
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Martin Wolf, Emmauel Saez and Gabriel Zucman are wrong: the government should never be the customer of last resort

Tuesday, March 17th, 2020

Martin Wolf has written an article in the Financial Times in which he recommends that the government should become the buyer of last resort from
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Markets are failing

Wednesday, December 4th, 2019

One of the great myths of modern capitalism is that markets work. Moreover, the supposedly work on the way that economists like to think they
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The dinosaurs need to go extinct pretty darned soon

Friday, November 15th, 2019

In economics I think it fair to say that there are still an enormous number of dinosaurs alive, well and still kicking too much. The
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The failed carbon logic of Martin Wolf

Wednesday, November 6th, 2019

Martin Wolf had an article published in the FT yesterday in which he argues that we need a carbon tax or emissions trading system with a
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