There is a rare unanimity in the country this morning. A significant majority think that our prime minister is a liar and that as a
Read the full article…
What modern monetary theory is and what it suggests to be possible are different things
Prof Steve Keen, whose work will be familiar to many readers of this blog, posted this on Twitter last night: In essence, #MMT is simply
Read the full article…
Tax cuts for the rich do not trickle down, they just make the already wealthy even richer
The Socio-Economic Review published this paper in the past few days: I am not claiming to be an expert in the methods it uses to
Read the full article…
What next for Covid, because let’s not pretend that this is over?
I was pleased to take part in the meeting of the Zero-Covid Group on Monday evening alongside members of Independent Sage and others. I am
Read the full article…
Tax spillovers – what’s not to like about them?
I made this a couple of years ago – but it remains just as relevant now. We need the UK to do a proper tax
Read the full article…
Should four become three? Should KPMG survive?
The FT reported this last night: KPMG auditors misled regulators during inspections of their work on the audits of outsourcers Carillion and Regenersis, the accounting
Read the full article…
For the greater good, Johnson has to go now
So, the Prime Minister’s Private Secretary invites 100 people on the Prime Minister’s behalf to a party in Downing Street in May 2020 when anything
Read the full article…
Asset swaps – forthcoming
I have noted the continuing questions being thrown at me for saying quantitative easing is not a simple asset swap. I could respond to those
Read the full article…
Normalcy might be the enemy within that lets the unthinkable happen
I should probably apologise for keeping writing about states of confusion, but this blog is (if it is anything) a stream of consciousness, and what
Read the full article…