We have to consign the era of financial engineering to history. But will we? It’s an absolutely fundamental question. Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. […]
Great idea to do this. 99% of human beings (if not more) do not know the difference
An entertaining but highly informative piece. Probably valid for most nations with an advanced capitalist economies Richard Murphy is a Visiting Professor of Practice in International Political Economy, City University of London. He campaigns on […]
Political economy – warts and all.
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 […]
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. […]
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 […]
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.
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 […]
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 […]