For some time Richard has been saying that the recession we are facing will be worse than the official forecasts suggest, precisely because those forecasts cannot tell it like it really is, and because the economic impact of the coronavirus lockdown has yet to be fully seen because companies have yet to run out of money and furlough has yet to end. He discusses the consequences in this video.
Economics
Richard Murphy – The inflationary cycle we’ve got is not driven by wages – but by excess profits
All price increases add to the income of the companies charging them. Those calling for wage increase restraint are saying business should profit, not workers. Richard Murphy is an economic justice campaigner. Professor of Accounting, […]
Economics
Steve Keen, Richard Murphy – Top Economist Warns: Everyone Is Wrong About Deficits
25 December 2025
Economics
Steve Keen – From Central Bankers to MMT
This installment covers my views on MMT (Modern Monetary Theory), QE (Quantitative Easing), and the need for a Modern Debt Jubilee. Part 1 is here.
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