Most people think tax pays for government spending. It doesn’t. In a modern monetary economy, governments that issue their own currency spend first and tax
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Yesterday, the USA took a step away from fascism
There are moments when the institutions of law have to remind governments that they are not kings. Yesterday’s Supreme Court ruling on the legality of
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People do want progressive taxation. We are a long way from having it.
Chris Giles, the long-time economic commentator in the FT, noted in an article published this morning that: When it comes to tax changes, the word
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Does limited liability protect the rich?
Limited liability is treated as harmless legal plumbing, but it is one of the most powerful privileges granted to wealth in the UK and around
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Corruption is built into neoliberalism
I recently recorded another Funding the Future podcast with John Christensen, with whom I have discussed tax justice and corruption for more than twenty-five years.
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The finance curse is killing Britain
Why does Britain feel poorer, more unequal and less productive than it should be? In this Funding the Future podcast, I speak with John Christensen,
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Neoliberalism was not an accident
Neoliberalism did not just “happen”. It was planned, funded, and carefully rolled out over decades. In this conversation with John Christensen, co-founder of the Tax
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Glossary entry: Globalisation
It was pointed out to me earlier this week that the glossary lacked an entry on globalisation. The following list makes up for that deficiency.
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There is no pension crisis, but there is a political crisis that won’t address the issue of pensions
The FT has published an article with the headline: Can Europe still afford its generous state pensions? At the core of the argument the piece
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