Economics
Richard Murphy – The economics of the real world
Political economy – warts and all.
Richard Murphy
Economics
Richard Murphy – Britain: Negative interest rates are coming, but there is no chance that they will work
What most people do not realise is that they already lose money with their savings account. A negative interest rate would probably be unacceptable. Richard Murphy is a Visiting Professor of Practice in International Political […]
Economics
Richard Murphy – Why the accounts of multinational companies are works of fiction
The world’s multinational corporations would have you believe that their accounts provide a true and fair view of the transactions that they undertake, but this is in very many ways very far from the truth. […]
Climate Crisis
Richard Murphy – Bank of England on Climate Crisis: The world is being put at “extreme risk” by the failure of economics
The truth is coming out. Most economists are not capable of modelling the real world economy. Their analyses are ideological and not scientific as they would like us to believe. Richard Murphy is a Visiting […]
Climate Crisis
Richard Murphy – Why Green QE and MMT can co-exist
How Green QE, which is an idea that Richard co-created with Colin Hines a decade ago, can address some of the key problems within QE.
Economics
Richard Murphy – There is a post-Covid society to shape, and it is not like the one that existed before we went into this
We all seem to have forgotten that before COVID we were, and still are, confronted with an existential climate crisis and an economic recession due to the failures of neo-liberalism (again). Richard Murphy is a […]
Economics
Richard Murphy – What are the problems with QE?
Twelve years ago quantitative easing was considered radical. It was called ‘unconventional’ monetary policy. Actually, it was government just using the power it has to create money at will, which had been pretty much denied until that […]
Economics
Richard Murphy – Is a Crash likely? The Uncomfortable Answer is ‘Yes’
Crashes are often predicted, but the reasons behind these predictions can be interesting as in this article by Richard Murphy Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of […]
Economics
Richard Murphy – The economy after coronavirus
The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in […]
Economics
Richard Murphy: Why we don’t need to repay the national debt – and why doing so would be incredibly economically harmful
Quite a piece to start the week with, so make yourself a pot of tea. If you are not an economist, do not panic. Read it through then go back to the beginning. It will […]