I was asked yesterday on this blog why issues such as tax abuse and the use of tax havens remain important when modern monetary theory
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The Millennials’ Money
There has been a lot of favourable comment about J D Alt’s videos on money on this blog over the last day or so. I
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On Sunday the Bank of England said it would not fund the government and today it is going to do just that: welcome to the world where we realise that there isn’t taxpayer money because the government makes its own
At the weekend Andrew Bailey, the Governor of the Bank of England, said that the Bank would not engage in direct monetary funding (DMF) of
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Modern monetary theory resources
There was an appeal for a list of MMT resources on this blog and on Twitter yesterday, to which I did not have time to
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We need direct monetary funding of government spending
Peter May has posted this on Progressive Pulse this morning and I’m sharing it here. Like Peter, I have long been very critical of Positive
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I was right: People’s QE is required in 2020, as I forecast in 2015
Jeremy Corbyn is no longer leader of the Labour Party. Like it or not, I have to accept my role in his selection for that
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Will Labour be welcome back?
Almost unnoticed in the last few weeks is the fact that there is, officially, a political Opposition in the UK. It does have quite a
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The Canadian parliament’s explanation of how a central bank can create money for its government
The Library of the Canadian Parliament issued a document in 2015 explaining how the Bank of Canada (that country’s central bank) created money for the
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Tackling the post-coronavirus economic myths: runaway inflation and tax increases are not around the corner
I am beginning to see an increasing number of post-coronavirus economic myths emerging on twitter and other media. These need to be tackled now. I
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Richard Murphy
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