James Meadway, the carpet-bagging economist who  served as chief economic adviser to John McDonnell during the Corbyn era in the Labour Party, and who is
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A while ago, I was asked to add an entry to this blog’s glossary explaining what a theory is, the goal being to clarify why
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The World Inequality Report 2026 opens with a sentence that should trouble anyone who cares about democracy or economic justice: Inequality is a political choice.
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Most people believe the national debt is a danger to our economy. In this video, I explain why that story is wrong. National debt isn’t
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I think people are frightened at the prospect of another crash, which is looking ever more likely. Yesterday’s video has had 156,000 views so far,
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A commentator on this blog called Grahame asked about the role of tax in modern monetary theory yesterday. I pointed him to the Taxing Wealth
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Modern Monetary Theory — or modern money as I prefer to call it — simply describes the truth about how money works in the real
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It is often claimed that Mahatma Ghandi said: First, they ignore you Then they laugh at you Then they attack you Then you win. No
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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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