I don’t get emails like this every day, I admit: “The Joy of Tax” is absolutely brilliant! I’m only on Chapter 3, and I’ve already
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Why is the left so hung up about modern monetary theory?
I had this article in the most recent edition of The Chartist (no, I had not heard of it either). They commissioned in response to
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The national debt: an ongoing saga
Regular readers will recall that in August I raised concern when the UK Office for National Statistics claimed that simultaneously UK national debt had exceeded
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It’s time for a new financial transactions tax if it’s fiscal policy that’s going to control inflation in the future
I have an article on the Social Europe website this morning in which I argue that the time has come for a new financial transactions
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Why and how we can do something much better than quantitative easing if we want to transform our economy
Modern monetary theory (MMT) says the government creates all our money – either itself through its own spending, or indirectly through the banks that it
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How many things can Rishi Sunak get wrong in one video?
This tweet, and the video embedded in it, is quite extraordinary: https://t.co/WqiaNchvPj pic.twitter.com/ghEu8oEAY1 — Rishi Sunak (@RishiSunak) October 29, 2020 Whether the tweet to which
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We are heading for 5 million unemployed and a fixation with balanced budgets will mean that cost will have to be accounted for by economists who have doomed these people to despair
The Resolution Foundation has a new report out this morning on the job market and the impact of furlough. As they note, unemployment is now
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Reframing the deficit
This is a really good thread from Stephanie Kelton: And for those who ask how I reconcile this with my call for hypothecated saving, that’s
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Saturday morning thoughts
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Richard Murphy
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