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HomeRichard Murphy

Richard Murphy

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Climate Crisis

Richard Murphy – Bank of England on Climate Crisis: The world is being put at “extreme risk” by the failure of economics

January 30, 2021 Mathew D. Rose 0

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 […]

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Climate Crisis

Richard Murphy – Why Green QE and MMT can co-exist

January 24, 2021 Mathew D. Rose 0

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.

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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

January 20, 2021 Mathew D. Rose 0

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 […]

No Picture
Economics

Richard Murphy – What are the problems with QE?

January 19, 2021 Mathew D. Rose 0

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 […]

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Economics

Richard Murphy – Is a Crash likely? The Uncomfortable Answer is ‘Yes’

January 11, 2021 Mathew D. Rose 0

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 […]

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Economics

Richard Murphy – The economy after coronavirus

January 7, 2021 Mathew D. Rose 0

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 […]

No Picture
Economics

Richard Murphy: Why we don’t need to repay the national debt – and why doing so would be incredibly economically harmful

December 18, 2020 Mathew D. Rose 0

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 […]

No Picture
Economics

Richard Murphy – How Money is Created and Inflation Controlled

December 13, 2020 David Shirreff 0

A clear and comprehensive guide to how we should think about money, its creation and taxation, by one of the catalysts of Modern Monetary Theory (MMT) Richard Murphy is a Visiting Professor of Practice in […]

No Picture
Economics

Richard Murphy – QE is going to save the UK a fortune

December 11, 2020 Mathew D. Rose 0

And even more for the ECB as it has negative interest rates. People are worrying that QE will leave the UK exposed to considerable interest costs because something like £800bn is now owed as a […]

No Picture
Economics

Richard Murphy – MMT (Modern Monetary Theory): A Primer

December 6, 2020 Mathew D. Rose 0

Anyone concerned about climate change, the Green New Deal, or Degrowth is well advised to understand Modern Monetary Theory. Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. […]

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Book Reviews

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EU politics

Blitzed: Drugs in Nazi Germany by Norman Ohler

August 10, 2025 0

Book review by  Branko Milanović As I walked yesterday past the Metropolitan Museum in New York, I saw, among many stands that sell all kinds of trinkets, a table filled with books. One attracted my […]

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

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