As the Financial Times noted yesterday: Sir Keir Starmer has rejected calls from senior Labour figures to fill a growing fiscal hole with big tax
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If big tech can issue their own currencies for use around the world, what chance is there that macroeconomic control of the national economies of
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Andrew Rawnsley wrote this in The Observer this morning: Nigel Farage can promise the moon on a stick. Sir Ed Davey can oppose every tax
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I got this note through yesterday from William Thomson, who co-runs something called Scotonomics, for whom I have recorded on a number of occasions, because
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In one of Steve Keens’s latest Substack posts, he has this to say: Steve then proceeds to demolish the absurd notion that Bill Mitchell and
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People think money is real, mysterious and valuable. They still think gold is involved in the process. It’s actually nothing like that. It’s nothing more
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This is another AI (ChatGPT) generated summary of my thinking. I asked it to discuss my approach to modern monetary theory. The following text is
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This is so funny: As Stephanie Kelton has also noted on Substack, Musk has discovered that the US government does, when it spends, create money
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There is always money for defence spending. As Europe has discovered, mention security and money can be found. €800bn was in the EU at a
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