Richard Murphy on tax, accounting and political economy

First they’ll come for the Labour Party. And then for democracy

Posted on November 12 2019

It’s a strange morning for politics. It’s time to reflect on the ultra-right of British politics in the form of the Brexit Party has announced
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37

The UK government is not like a household – and does not have a household type budget. That’s because it, quite literally, makes the money the rest of us use. So let’s stop pretending it has a credit card

Posted on November 11 2019

Prof Charles Adams of Durham University posted this on Progressive Pulse on Saturday. It is well worth sharing here. I have already tackled one of
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30

The UK does not have national debt of £1.8 trillion. It’s less than £1.4 trillion, as their own accounts show. So might journalists stop repeating the government’s lies on this, please?

Posted on November 11 2019

The Guardian, in an ineffectual review of Tory claims about Labour spending plans, shows its ignorance of UK government accounts by claiming: A danger for
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17

The spending tap is waiting to be turned on – my letter in the Guardian today

Posted on November 11 2019

I have this letter in the Guardian this morning: Labour’s clear commitment to a £250bn “green transformation fund” correctly puts climate centre stage in this
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17

Why Green New Deal ISAs are shovel ready to fund our climate transformation

Posted on November 10 2019

Reaction to the letter Caroline Lucas, Andrew Simms, Colin Hines (whose name was omitted in error) and I had in the FT yesterday was intriguing,
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18

Small actions: big impact

Posted on November 9 2019

The Tax Justice Network has an infographic on its blog about its work and a new funding scheme it is launching. I wish it well.
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31

Put the UK’s savings to good use for the future

Posted on November 9 2019

I, with Caroline Lucas MP and Andrew Simms had this letter in the FT this morning. For some reason Colin Hines did not have his
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7

Carbon, tobacco and economists: a modern tale

Posted on November 9 2019

A commentator on the blog, Robert Fox, offered the following tale in response to my post on carbon taxation. I thought it well worth sharing.
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13

Don’t trust the economic think tanks: there is ample to do with £100 billion of investment, and the resources to do it

Posted on November 8 2019

The big news of the morning is that the economy hit the election headlines yesterday. It hardly featured in 2017. It has already done so
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