I did this podcast with Xander Elliards of The National on Monday (and I wish they’d told me my lens was dirty: I had no
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The economic fundamentals of a Scottish currency
I was asked on this blog yesterday whether Scotland could afford to have its own currency, and whether the process of introducing one would be
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Where does the money go when the government spends — and when it taxes?
A reader here has written in response to recent posts on how government spending works: “Thanks, Richard, for the patient and insightful explanation. In my
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A narrative for a Scottish currency
On Saturday, I spoke at the Scottish Currency Group conference in Dunfermline via weblink. I was asked to talk about money, but slightly to my
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Tax, redistribution, the relationship between the two, and why it matters
A new commentator on this blog, called Sammy, asked last night: I often hear a version of the phrase used in the blog, where the
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The Scottish Currency Group conference
I’ll be speaking (remotely) at the Scottish Currency Group conference this weekend: You can also attend remotely. Tickets are available here. And this should be
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The Chinese have worked it out: stablecoins are the privatisation of money
The FT reports this morning that: Chinese tech giants have paused plans to issue stablecoins in Hong Kong, after Beijing raised concerns about the rise
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What if the UK admitted it uses MMT and turned that into its superpower?
What if the UK government admitted it already uses modern monetary theory? Would markets panic — or would we finally have the power to rebuild
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Zack Polanski: the reaction
I sat down with Zack Polanski yesterday, the new leader of the Green Party, for a fascinating discussion on economics and politics. This was my
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