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.
Finance
Richard Murphy – What are the questions that the G7 finance ministers tax deal gives rise to?
Richard Murphy, who is one of the true experts in this field, takes a closer look at the G7 “tax deal”. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. […]
Economics
GPEnewsdocs – Prabhat Patnaik: Imperialism then and now: Wealth, unemployment and insufficient demand
Prabhat Patnaik reviews the connections between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap inputs to ‘the markets’. That […]
Economics
Bill Kruse, Richard Murphy – Central bankers on their ability of banks to create money out of thin air
Rarely in the field of human endeavour has one rather small profession caused so much harm to humankind as neoclassical economists do now Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management […]
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