A commentator on this blog called Grahame asked about the role of tax in modern monetary theory yesterday. I pointed him to the Taxing Wealth
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What should have been done to prevent a crash?
I was asked on the blog yesterday what the government could have done after 2008 to prevent the almost inevitable financial crash that I think
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12 questions about modern money
Modern Monetary Theory — or modern money as I prefer to call it — simply describes the truth about how money works in the real
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Light
I take a camera with me everywhere: it is my phone. Admittedly, I have a bit of kit that is permanently attached to it to
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Where are we?
It is often claimed that Mahatma Ghandi said: First, they ignore you Then they laugh at you Then they attack you Then you win. No
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The difference modern monetary theory makes to managing the modern money economy
One of the questions most often asked about modern monetary theory is what difference it might make to the management of the economy if it
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Who is to blame for the crash to come?
I have been talking about financial crashes here for a while now. The Bank of England Financial Stability Report, to which I refer in my
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The Bank of England is warning a financial crash is coming
The Bank of England has issued a stark new Financial Stability Report — and beneath the cautious language lies a clear message: the global risk
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Fighting Farage
The Guardian notes this morning that: Nigel Farage has turned on broadcasters for questioning him about his alleged teenage racism and antisemitism as the number
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