The Office for National Statistics has just issued new public debt statistics. The headlines will be all about the issues that they highlight in their
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We cannot run out of money. We will run out of jobs though. And more money is the only answer to that.
The Mirror’s morning email to readers yesterday, penned by assistant editor Jason Beattie with whom I have worked, included what appeared to be a claim
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Rising government debt can increase inequality: governments have to be willing to tackle that head on
The FT is worrying about government debt levels this morning. It published this chart: As it notes: Unprecedented government interventions to offset the economic impact
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Spend and tax, not tax and spend
Will Hutton gets that without printing money the crisis facing our economy is off the economic Richter scale. Why can’t others?
Will Hutton is not most left-wingers’ idea of a left-wing economist these days. But in The Observer today he suggests that the programme required to
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Modern monetary theory says that the state has the ability to create and maintain the value in money and most left of centre economists appear to be repulsed by that
I was bemused by two recent claims by so-called members of the left of centre economic community. One of the confusing claims came from Ann
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The old and new economic orders
This came out of some discussions I had yesterday. It summarises where I am on green economics, the Green New Deal and MMT about as
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The scale of this crisis is unprecedented: now we need the radical thinking to address it
The scale of this crisis is unprecedented. The downturn in economic activity in April was 20.4% according to the Office for National Statistics: Of course
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It would be quite easy to give up. But I’m damned if I’m going to.
I admit that I have found the last week difficult, and I have no doubt that this has been reflected in the blogs that I
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Richard Murphy
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