Grace Blakeley has replied to what I wrote about why parts of the left oppose modern monetary theory. In doing so, she has reinforced every
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The UK is cursed: how finance destroyed our economy
For more than 45 years, the UK has suffered not one, but two economic curses: the resource curse and the finance curse. Both were chosen,
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The Treasury’s deeply misleading data on the impact of the Budget
The Treasury yesterday produced a distributional analysis of the Budget, plus last year’s fiasco from Reeves. They said: This document sets out estimates of the impact
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The alternative budget we need: the video
Rachel Reeves will not fix Britain today. So I’ve published my Alternative Budget for 2025 — a complete plan to end austerity, rebuild public services,
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The Alternative Budget 2025, Part 10: tax reforms
Rachel Reeves will be presenting her Budget on November 26. I will be commenting on that Budget on the day on BBC Radio 2, and
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Is Britain at the peak of a great financial wave?
In this podcast, I talk with John Christensen, co-founder of the Tax Justice Network, about whether Britain can escape the final stage of a decades-long
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Hot money
I was asked over the weekend if I would create a glossary entry on hot money, and given that this seemed both appropriate and not
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Britain’s oil, gas and finance curses
In 1993, the economist Richard Auty coined the term “resource curse” to describe the paradox that countries with abundant natural resources often grow more slowly
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The Alternative Budget 2025, Part 8: Abolishing national insurance
Rachel Reeves will be presenting her Budget on November 26, if the Labour government of which she is a part lasts that long. I will
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