The national debt is not as big as the government claims
Thursday, April 11th, 2024I just posted this short video on the national debt on TikTok. I think we’ve upped our production values in this one. Comments would be
Read the full article…
Thames Water is bust: our politicians need to deal with it
Sunday, April 7th, 2024This morning, the business media is obsessed with the fact that Thames Water has failed to make a payment due on debt owed by its
Read the full article…
Both the Tories and Labour are pro-market extremists now
Sunday, April 7th, 2024This item was posted on LinkedIn last night by Dr Raj Thamotheram, with whom I have been in occasional contact for quite a long time.
Read the full article…
You can’t say MMT does not work because you think Scotland will be a failed state after independence
Monday, March 25th, 2024This tweet was posted over the weekend: “I’m the Fox Mulder of MMT. I want to believe, but there’s a thing called the current account
Read the full article…
The introduction to the Taxing Wealth Report 2024
Wednesday, March 20th, 2024Introduction Taxing Wealth Report published I have already published a short summary of the Taxing Wealth Report 2024. However, the report also needed an introduction,
Read the full article…
Why are their Lordships so frightened of modern monetary theory?
Saturday, March 16th, 2024I have already noted the bizarre evidence submitted by Joe Stiglitz to the House of Lords Economic Affairs Committee. Now, I have been tipped off
Read the full article…
Joe Stiglitz really should not talk about modern monetary theory when he so obviously has no clue about what it actually says
Friday, March 15th, 2024I have not had time to read all the evidence submitted to the House of Lords Economic Affairs Committee on the sustainability of the UK’s national
Read the full article…
The UK does not have a national debt but does instead offer a range of national savings products
Thursday, March 14th, 2024My evidence to the House of Lords Economic Affairs committee on the sustainability of the UK’s national debt is now available on the parliamentary website;
Read the full article…
A lesson from history
Friday, March 8th, 2024Alan Peyton posted a comment on this blog yesterday noting a letter that he has sent to HM Treasury, among others, on the subject of
Read the full article…