Liz Truss was a laughing stock in 2014: And now the FT reports that: Talks between Tokyo and London over a new trade deal have
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What happens if 50% of government backed loans fail, as bankers think likely? The answer is that more than 5 million jobs are at risk for this reason alone
This blog is a day or so late, but I had to spend much of yesterday setting up a new computer because my main old
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Tax in modern monetary theory: an explanation
Historically modern monetary theory placed too little emphasis on the role of tax in the economy. It’s my belief, explained here and here that tax and
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Monday evening thoughts
Currency is the number one issue in Scottish independence debate
John S Warren, who comments here often, had this post on Bella Caledonia last week, and I thought I would share it here given its
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Keynes was right: newly created government money is the only route to economic recovery
I am grateful to Helen Schofield for drawing my attention to an open letter John Maynard Keynes wrote to President Roosevelt in 1933 on the
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What is capital gains tax all about?
The government is undertaking a review of capital gains tax, but it’s my suggestion that very few people seem to have much understanding of why
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Full employment has it….
I posted this question on twitter yesterday: Simple question on which your opinion is sought. The government will have a choice this winter between two
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Will Nicola Sturgeon publicly reject the comments of her chief economic adviser on those who want a Green New Deal?
The Scottish government yesterday broadly adopted the deeply depressing, profoundly conventional and neoliberal suggestions of the commission that it appointed to advise on recovery from
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