Who says that trickle down does not work?. For almost two years progressive economist have been hammering away that although governments have debts, they also have assets. Translated, you may have a mortgage of 100,000 […]
Ten years after the global crisis, the financial markets are again being glorified as if nothing had happened. Countries are threatened by capital markets, which will make financing public debt more expensive if their governments […]
This may not be the simplest of reads, but the analyses is fascinating regarding international trade agreements: “In assessing the impact of the Single Market and NAFTA on the 10 countries looked at, we can […]
Book review by David Shirreff The problem outlined in this book has deep roots and it shows no signs of going away. The “finance curse” pervades many Western economies, from tiny tax havens to big […]
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. Listen […]
Acutally a book review, but it gets to the point very quickly. Read here
Was Keynes a revolutionary in economic thought and policy? Was he at least radical in his ideas? Or was he a reactionary opposed to the interests of working people and a conservative in economic theory? […]
After ten years of wrongheaded and brutal spending cuts, Keynes’s warning that bad economics produces political extremism is more important than ever. Read here
What Richard Murphy so aptly addresses is a gap in understanding within the British Left (the left of most other nations have no idea of this discussion) of a very simple, but crucial point concerning […]
The storm clouds are gathering, but the world’s economies now have far fewer shelters from disaster than they did in 1929 Read here
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