Philip Hammond sprung a surprise by announcing a new era in the relationship between the government and the Bank of England last night. The details
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Stephen Fergusson, who wrote the comment I reposted on MMT and football league points, has provided another interesting comment in which he has pointed to
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I posted this as long ago as 2010. I am reposting it because in essence nothing has changed in the UK on this issue since
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I don’t always agree with the FT . On this occassion, when they are commenting on Labour’s new plan for the Bank of England, I
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I try very hard to be positive about the Labour Party’s  economic policies, and I promise you, it is hard.  Take this morning as an
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In principle a government with its own central bank does not need to issue gilts to cover its deficit: it can simply run an overdraft
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This video has just been published by Jeremy Leggett of Solar Century and the Green New Deal group. He has been at the forefront of renewable
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I’ve just read a column by Paul Krugman on whether the US has full employment, or not. I think he’s called the issue wrong by
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Yours to enjoy, from last week: