Peter May, who pretty much runs the Progressive Pulse website these days, even though I am its director, wrote a really important blog on Friday.
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Let us never forget this fundamental truth: there is no source of money other than the State.
On Wednesday I noted the speech that Sajid Javid had made on the future of the NHS in England. In that speech he said: As
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How do we fix the economy?
Why progressives have to understand money
Peter May, who is largely responsible for the Progressive Pulse blog (which I direct) posted this comment on this blog yesterday, and I thought it
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Reversing QE could be a recipe for economic disaster
I have just posted this rather long thread on Twitter. If you think it too long to read the summary is that reversing QE could
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The Bank is forecasting a terrible year to come. They seem to be doing their utmost to make it worse.
The Bank of England has very recently issued a press release saying that they have agreed to increase their base interest rate by one-quarter of
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The government has to stop subsidising the dead money of the wealthy and put money to life transforming lives instead
A thread, posted on Twitter this morning, partly in response to all that Jack Monroe has said this week, and partly in response to suggestions
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Four causes for inflation
I wrote this yesterday in response to a comment on this blog written by a right-wing opponent of modern monetary theory who claimed that all
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What modern monetary theory is and what it suggests to be possible are different things
Prof Steve Keen, whose work will be familiar to many readers of this blog, posted this on Twitter last night: In essence, #MMT is simply
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Richard Murphy
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