I this morning’s video, I argue that you can’t discuss macroeconomics without knowing about modern monetary theory. So, what is it all about? In this
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Government deficits create private wealth
I have published the latest video in the Economic Truths series this morning. In it, I argue that it’s widely claimed that our national debt
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MMT’s Leeds conference and disinvitations
I have spent a night reflecting on whether to comment on a post Steve Keen made yesterday on his being uninvited from a modern monetary
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Where did the money go?
This morning’s short video has now been published. In it, I suggest that when people ask “Where did the money go?” they should instead be
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Economics is not alchemy
I have posted a new video this morning. In it, I argue that there is no magic to any government finding the money to do
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We don’t need the City of London
In this morning’s short video, I argue that the City of London, the Financial Times and the Establishment all pretend that the government of this country
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There is a magic money tree
In my short video this morning, I argue that any politician who says there is no magic money tree is not telling the truth. There is.
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Tax is not essential: public services are. It’s time that election debates shifted their focus
I have to admit that last night’s Sky Televisi9n debate with Keir Starmer and Rishi Sunak was, overall, disappointing and uninspiring. Beth Rigby did her
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We do not have a national debt
I posted this video this morning: The transcript is as follows: We don’t have a national debt in the UK. We do have national savings,
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