Every action has a reaction. That’s true in life – and in economics. Every pound the government spends becomes someone’s income, which creates tax, confidence
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Why do politicians, economists and market commentators pick up all the wrong signals?
The economic commentators are in a panic this morning. The government, they are saying, has overspent in August. The figure for what they call borrowing
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The Quantum Essays: Quantum MMT: The wave function of sovereign spending
Background Having finished the first series that I plan to publish on quantum economics (others are planned), it became clear that explaining the use of this
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There is no “Antifa”. There are just people standing up for freedom, justice, and the right to be
As the FT notes today, Stephen Miller, White House deputy chief of staff, has promised revenge on what he said was a “vast domestic terror movement”.
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Why satire matters
Free speech in the USA is under open attack. As it is in this country as well, of course. Here, the crime is to express
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The history of economic thought: an introduction
Welcome to a new series on this channel: the history of economic thought. In this series, I’ll explore how economics has always been shaped by
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If Trump says jump, Starmer will
As ITV has reported (and I have edited, but very lightly): Keir Starmer is set to present President Trupm with a bespoke red box, the
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£19.7 million a job – the most expensively bought jobs in history
According to Starmer this morning we are to get inward investment from the USA of £150 billion. We are, he says, to get 7,600 jobs
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The centre cannot hold
This came to mind this morning: The Second Coming W. B. Yeats 1865 –1939 Turning and turning in the widening gyre The falcon cannot hear
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