Stephanie Kelton was on Channel 4 News last night. I recommend watching. She is, undoubtedly, the best exponent of modern monetary theory that there is.
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The costs of economic growth
I was giving a talk (on zoom, of course) on the Green New Deal last night and was discussing just how long I have been
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Johnson making one mistake on coronavirus timing was bad enough. Making two is unforgivable.Â
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 European Central Bank intends to cover the EU’s deficits with new QE: there will be no increase in net government borrowing in Europe
As the FT noted yesterday: The European Central Bank has added an extra €600bn to the bond-buying programme that it launched to support the eurozone’s
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Accountants were told to turn a blind eye to bank accounting failures in 2008 and it looks like it’s happening again. The result will be similar
The FT has noted that: The UK’s banking regulator has told lenders not to assume that extending repayment holidays amid the coronavirus pandemic will increase
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Black voters in the US have taken a bigger hit than white voters as a result of coronavirus. Why should anyone be surprised that there’s anger about that?
The FT has just reported: Far more African-American than white voters have suffered a reduction in their family’s income due to the coronavirus outbreak, according
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Greening the economy is not a peripheral project: it may be the biggest economic project we’ve ever tackled
I worry that the scale of the green stimulus that our economy requires is misunderstood. Business Green has reported that: [A new report from WWF]
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We are not witnessing normal political events: we are witnessing right-wing insurgency
This is what a President sounds like: And note what he says. He explicitly does not condemn protest. And rightly so. I just hope many
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Remember Brexit? Now it will be the final nail in the coffin
The Guardian has reported: The Bank of England governor has told banks to bolster their preparations for a no-deal Brexit. Andrew Bailey held a conference call on Tuesday with Britain’s
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