We won’t get fooled again. Already the UK government is talking about massive new state debt. These do not exist. Thus there is no need for a new round of austerity. Richard Murphy explains. Richard […]
As this morning’s Politico email briefing notes: British officials fighting climate change reckon that if each person in the U.K. sent one fewer email a day it would cut carbon emissions by 16,000 tons a […]
A topic that most do not understand although so fundamental to our economy (Richard uses the term “Gilts”, which is what government bonds are called in the UK)
Savers hate low interest rates. The rest of the economy cannot survive with anything else. This is why I think low interest rates are here to stay.
This may be focussed on Britain, but the principle is the same everywhere.
The economic cost of lockdown.
Europe’s political class is trying to hold the neo-liberal line of corporation profits first, citizens and environment – well – do not matter. They could cow their citizens, but Covid is beyond their control. Richard […]
Britain in not worse than the EU – just ahead of it. So have a look into your future. Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. […]
I have been asked to explain how quantitative easing works, given how important it is within our economy and managing the coronavirus crisis right now. What follows is part of a larger piece of work […]