Why did PWC want to sponsor this? In fairness, the report ends up saying hypothecation is not a panacea. But it does not dismiss it
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An independent Scotland will need its own currency
I gather my friends at Common Weal are launching their campaign for an independent Scotland to have its own currency today. This was a contribution
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Labour, universal basic income and a job guarantee
John McDonnell, the Shadow Chancellor, has apparently decided that the next Labour manifesto should include a commitment to Universal Basic Income (UBI) even though, as
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Debunking myths
Stephen Fergusson, who wrote the comment I reposted on MMT and football league points, has provided another interesting comment in which he has pointed to
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Stephanie Kelton in London
The government is like the Football Association – there is no limit to the number of points it can issue
Commentator Stephen Fergusson has written this on the blog in response to the discussion on the ‘household analogy’ of the economy. It reflects comments made
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Tax revenue means ‘to bring the money back’, just as MMT implies
This is fascinating. What it shows is the etymology of the word revenue: As a commentator, using the name Calgacus, said in a comment on the
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It’s by choice that the NHS is in crisis. And it’s by choice that it can be got out of it
The Resolution Foundation has published a chart that reveals just how big the Tory assault on the NHS has been. As they said in an
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MMT and tax havens
A few days ago a commentator asked on the blog: I am not an economist so hopefully my ignorance can be forgiven. I find myself
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Richard Murphy
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