From my twitter comments this morning:
Tax in modern monetary theory: an explanation
Historically modern monetary theory placed too little emphasis on the role of tax in the economy. It’s my belief, explained here and here that tax and
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Keynes was right: newly created government money is the only route to economic recovery
I am grateful to Helen Schofield for drawing my attention to an open letter John Maynard Keynes wrote to President Roosevelt in 1933 on the
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Saturday morning thoughts
From my tweets this morning, best read from the bottom up on this occasion: With thanks to Helen Schofield whose suggestions provided my reading last
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How to pay for the Green New Deal
The Green New Deal is a recurring theme of mine, largely because I have been involved in it from the outset as one of the
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Replacing our existing economic heuristics is essential if we are to have any chance of recovering from this crisis
I think it fair to say that whatever we once thought we knew about economics, we no longer know. Saying so, I am not talking
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The Right’s objection to MMT is that it empowers the state
I was amused by the honesty of an an article by Julian Jessop, the head of economics at the Institute of Economic Affairs, that came
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The language of modern monetary theory
This provocative (in the sense of thought provoking) comment was posted on the blog yesterday and I can only apologise to Andrew Sayer and Kevin
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How money is destroyed
In a fiat money system knowing how money is created. I addressed this issue yesterday. It is equally important to know how money is destroyed,
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Richard Murphy
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