I was asked on the blog yesterday what the government could have done after 2008 to prevent the almost inevitable financial crash that I think
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The difference modern monetary theory makes to managing the modern money economy
One of the questions most often asked about modern monetary theory is what difference it might make to the management of the economy if it
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Who is to blame for the crash to come?
I have been talking about financial crashes here for a while now. The Bank of England Financial Stability Report, to which I refer in my
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The National: speaking truth to power
I am proud to write for a newspaper – The National – that puts this on its front page. Most of the media is ignoring
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Markets look very vulnerable right now
According to the FT this morning: The blue-chip S&P 500 index will rise to more than 7,500 points by the end of 2026, a roughly
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Is spend and tax just the same as tax and spend?
An email correspondent said this to me recently: MMT puts the horse before the cart; but I suspect if you designed the harness well, horses
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Why is the government sacking doctors?
There are thousands of trained doctors in the UK right now — unemployed. Not because they’re unnecessary. Not because there’s no demand. But because the
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Wes Streeting’s exercise in thought control
The Guardian reports this morning that: The health secretary, Wes Streeting, has ordered a clinical review of the diagnosis of mental health conditions, according to reports.
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The Survival of the Shameless
I listened to the first of the BBC Reith lectures for this year last night. The lecture was given by Dutch historian Rutger Bergman. The
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