Some people seem to think that modern monetary theory (MMT) is a set of policy options a country might adopt. It isn’t. It’s a description
Read the full article…
Why isn’t the “normal return” to work tax free?
I have been asked to comment on the proposed reform of capital gains tax put forward by Dan Neidle, the lawyer who was formerly the
Read the full article…
What happens when the economy rejects young peole en masse?
As if to reinforce the message in my video this morning, the FT has reported that: UK graduates face the stiffest competition for jobs on
Read the full article…
Reeves has now decided on her budget. The big question that’s left is will it be the only chance she ever gets to present one?
If reports are true, the budget decisions have been concluded, and Rachel Reeves has sent her workings to the Office for Budget Responsibility for them
Read the full article…
Why aren’t young people working?
Thirty-eight per cent of young people who could work are not doing so. They’re not lazy or indifferent. Nor have they dropped out. They just
Read the full article…
Clive Lewis’ Private Members’ Bill to give us real choice over the future of our water
My friend and fellow Green New Deal Group member, Clive Lewis MP, will be tabling a bill for the reform of the water industry in
Read the full article…
The madness of Keir Starmer
There was economic insanity on display from Labour at its investment summit this week as it set out its begging bowl to international finance because
Read the full article…
Inflation is over: now it’s time for massive cuts in the interest rate
The Office for National Statistics has published new inflation data. As they note: The Consumer Prices Index (CPI) rose by 1.7% in the 12 months
Read the full article…
Is finance our master or servant?
Larry Elliott, writing in the Guardian this week, said: Keynes said that finance should be the servant not the master, providing a steady and reliable
Read the full article…

Buy me a coffee!
