According to the FT, Andrew Bailey, Governor of the Bank of England, told the Jackson Hole meeting of central bankers in the USA yesterday, that:
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Reflection: Why do social media?
This morning, I published a video in a slightly different format from the one I usually use. Firstly, it is audio only. That just seemed
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Of course the government is ignoring Covid: to do otherwise would require that it admit that society exists
The Guardian has reported this morning that: One in five patients registered to a pair of GP surgeries in the north of England have long
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Interest paid on government debt increases private wealth
I have published this video this morning. In it, I argue that many on the political right-wing obsess about interest paid on government debt as
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What might save democracy from our politicians?
As is apparent from the traffic on this blog, people are taking time off right now. I always think that this last weekend in August,
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Gimme hope Kamala
Defeating the “food-industrial” and “medical-industrial” complexes that are destroying well-being
A long time ago (in 1961, to be precise), President Dwight D Eisenhower of the USA warned that: In the councils of government, we must
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The FT’s missing the point about Kamala Harris. She’s an ethical pro-marketeer, and they aren’t.
The Financial Times had an editorial yesterday in which they discussed Kamala Harris’ economic policy, which they deemed to be inadequate. The Financial Times might
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Macroeconomics cannot be based on microeconomics
In this morning’s video, I note that macroeconomics suggests how governments work. But at present, it’s almost all based on microeconomics, which is about how
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Richard Murphy
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