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.
Climate Crisis
Steve Keen – Using Energy to Measure Economic Output, Not Prices
Since the mid-20th century, economic growth has become a sort of Holy Grail for measuring how economies are doing. But there are real problems using this method as it ignores increasing inequality and worsening environmental […]
Economics
Richard Murphy – A Guardian article on the threat from modern monetary theory was quite staggeringly wrong
You can prove most anything wrong if you fabricate the facts. The Guardian is a specialist in this. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder […]
Corruption
Jonathan Pie News – Bye Bye Boris
So we might as well get started on the topic of Boris Johnson’s resignation. Where better than with Jonathan Pie.
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