As I mentioned yesterday morning, I was in London yesterday recording a podcast with Zack Polanski, the leader of the Green Party in England and
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We learned last night that more than one hundred Labour MPs seem to think that the only way we can pay for child poverty is
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Loanable funds? The money multiplier? Steve Keen and Richard Murphy dismantle the myths. Double-entry accounting shows what really happens when banks create money and governments
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Background  Having finished the first series that I plan to publish on quantum economics (others are planned), it became clear that explaining the use of this
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Introduction In this first podcast style interview between me and Steve Keen, the author of ‘Debunking Economics’, Steve recounts how early encounters with neoclassical and
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Fiscal rules are not laws of economics. They are political straitjackets designed to stop change. Every Chancellor since Gordon Brown has used them to limit
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Some claim modern monetary theory (MMT) proves that tax doesn’t matter. They’re wrong. Tax is not about funding government spending—it’s about controlling inflation, creating demand
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I like supporting events that I think will be of interest to readers here, when I can. So, this is a shameless plug for an
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Politicians love to talk about “taxpayers’ money.” But here’s the truth: every pound in circulation is created by the government or banks licensed by it.
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