This is excellent. In it Richard discusses with Patricia Pino and Christian Reilly what the UK government deficit actually is, Corbynomics, Labour’s Fiscal Credibility rule and the difference between fiscal policy and monetary policy.
Economics
Richard Murphy: Spending cuts will be £27 billion next year – which is the additional unnecessary sum the government is planning to pay in interest to the UK’s banks next year
Interest rates were attached to Quantitative Easing, so that banks get interest on money created by the BoE, in which they have done nothing to earn. Now interest rates are rising, and those banks are […]
Economics
Richard D. Wolff, Michael Hudson, Nima Alkhorshid – China Just Rejected Trump’s ‘Surrender Plan’
30 October 2025
Economics
Equals – Branko Milanović: An Incredible Explosion of Inequality
We are witnessing a COVID-19 driven explosion in inequality. This week, Oxfam released its annual report, Inequality Kills, showing that the pandemic is killing at least 1 person every 4 seconds, while the ten richest […]
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