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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Fiscal rules are not worth the paper they are written on
The Guardian has a feature on a claim by the Resolution Foundation this morning, saying: The thinktank warned in a report that Labour and the
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It’s time to Rethink the Economics of money and the way its taught
I am pleased to be a signatory to this letter organised by Rethinking Economics: Dear Economics Professors and Teaching Staff, Banks and their role in
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Fantasy economics
Randy Wray on modern monetary theory and tax
I have already mentioned a piece I had written for the Real World Economic Review on modern monetary theory and taxation recently. Now Randy Wray,
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Ignorance of economics blights our political debate
Andrew Rawnsley says in his comment in the Observer this morning: Both [the Tories and Labour] will fight the coming election by promising an extravaganza
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