In this episode in our Green New Deal series, GISP Research Director Mathew Forstater discuses a proposal to combine ecological tax reform with Functional Finance. Ecological tax reform would use taxes, fines, subsidies, regulations, and other incentive-based tools to encourage a transition to sustainability. Functional Finance explains why we needn’t link taxes directly to spending by the national government, as the purpose of taxation is to prevent inflation and influence behavior, not to provide dollars for the government to spend. Hosted by GISP Research Director Mathew Forstater.
Costas Lapavitsas explains why Leftists and the Labour Party should not support remaining in the neo-liberal EU. We at Brave New Europe don’t take a position on Brexit. While we recognise that many dark and […]
Mariana Mazzucato, professor in the Economics of Innovation and Public Value at University College London (UCL), where she directs the Institute for Innovation and Public Purpose, and the author of The Value of Everything: Making […]