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.
Richard Murphy
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 […]
Economics
Richard Murphy – How Money is Created and Inflation Controlled
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 […]
Economics
Richard Murphy – QE is going to save the UK a fortune
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 […]
Economics
Richard Murphy – MMT (Modern Monetary Theory): A Primer
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. […]
Climate Crisis
Richard Murphy – QE and Funding the Green New Deal
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, […]