The UK is stuck in a self-inflicted fiscal trap. Larry Elliott, former Guardian Economics Editor and my co-author in the Green New Deal, joins me
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When all that’s left is the rentier economy
As the Guardian reports this morning: When all that’s left is the rentier economy — and in households that rent, that is the only interest
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We need a Basic British Bank
We’re told that competition makes everything better — cheaper, fairer, more efficient. But when it comes to banks, that’s a myth. Six giant institutions dominate
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Talking with Zack Polanski
My podcast with Zack Polanski, leader of the Green Party in England and Wales, was published last night: I make no apology for the fact
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Why 2% inflation?
Catherine Mann of the Bank of England says inflation will stay above 2%. But what if the problem isn’t inflation but is the target itself?
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Fools, the ability to think, and crashes
As Katie Martin noted in the FT this morning: A couple of months ago, warning about a bubble in the world’s most important stock market
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Inflation: there’s nothing to say except the big question no one wants to ask
There’s nothing to say about the inflation data out this morning from the ONS, about which they said: The Consumer Prices Index (CPI) rose by
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There will be a lot of nonsense talked about government borrowing today
The Guardian published this at 7.20 this morning: Newsflash: UK government borrowing has hit its highest level since the Covid-19 pandemic in the first half
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Government debt is private wealth, so why do people want to get rid of it?
Every pound of so-called “government debt” is a private financial asset. When the government spends, it creates money that becomes your wealth. Yet politicians pretend
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