There is now a great deal of discussion of modern monetary theory going on, precisely because it appears that the UK government (and others around
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The government can create all the money we need: an explanation
I have argued that now is the time for the government to create all the money that might be needed to keep our economy going
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Let the deficits accumulate: they’re exactly what we need right now
When I was asked by Jeremy Vine on Radio 2 last week what my reaction to the budget was I said that I thought it
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Finding the money….
Modern Monetary Theory and the Changing Role of Tax in Society
I have a new peer-reviewed journal paper out this morning on a theme many on this blog might be interested in. Co-authored with Prof Andrew
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An economic plan to beat the impact of coronavirus
I suggested that interest rate cuts would not address the economic consequences of the coronavirus before the markets issued their quite emphatic agreement yesterday evening.
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The government’s ill preparedness for deficit management might make a coronavirus epidemic much harder to manage than need be the case
As the FT has noted this morning: Rishi Sunak has vowed to take “firm action to support families, businesses and the public services” in response to
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Why aren’t journalists asking how the nationalisation of Northern Rail will be paid for?
As the FT has noted: Ministers are poised to renationalise the failed Northern rail franchise as the government pledges to invest £500m in reopening defunct
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Economic questions for this election: why do some politicians want to push people into debt?
I liked this from Deficit Owls, an modern monetary theory site: This is a statement of fact, and not opinion. So, every time a politician
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