The Bank of England’s latest edition of its Quarterly Bulletin features an article entitled ‘Money creation in the modern economy’. It’s pretty revolutionary stuff. A
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Apple and Microsoft among US tech giants coining it offshore
The Bureau of Investigative Journalism reports this morning that: The US government makes vast interest payments to technology giants including Apple and Microsoft on the
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House of Lords say HMRC has a duty to consult more widely on tax policy
The House of Lords Economic Affairs Committee report on the Draft Finance Bill was published a couple of days ago and I have now had
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The Bank of England spells it out in full: money is made by banks out of thin air
It would be hard to overstate the importance of an article in the latest edition of the Bank of England’s Quarterly Bulletin. Entitled ‘Money creation
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EU Parliament backs corporate transparency
Euractiv has reported that the European Parliament adopted yesterday an overhaul of EU anti-money laundering rules which includes the introduction of publicly accessible registers for
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Corruption: Grace’s story
The failure of Greenspan’s economics
John Kay assures us, in an article in the FT this morning, that Alan Greenspan has argued in his new book The Map and the Territory
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I don’t think Euan Sutherland has the first clue about co-operation
The Guardian has just reported that: The Co-operative Group was thrown deeper into crisis on Tuesday after the new boss Euan Sutherland threatened to resign in the
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If you want to halve the deficit abolish pension tax relief
The government has recently released its latest data on the cost of pension tax reliefs. This is something I have taken an interest in before
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