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. […]
A Green New Deal is not difficult to finance. The European political elite simply do not want one, instead creating a Brown Deal giving billions of public money to corporations involved in fossil fuels, cars, […]
Simple answers to very big and important questions. Most is relevant for all of the EU. Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. He campaigns on […]
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.
This is true for the rest of Europe as well. The political class simply hopes that everything will return to the way it was, all paid for by China. We have a health crisis, economic […]
The economic cost of lockdown.
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