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HomeRichard Murphy

Richard Murphy

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Economics

Richard Murphy – Why Positive Money is wrong

May 6, 2018 Mathew D. Rose 0

An interesting criticism of Positive Money, a topic about which we have posted a series of articles (see here) Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns […]

Economics

Richard Murphy: The government does not spend taxpayers’ money: that clears the government’s debt to the Bank of England

April 30, 2018 Mathew D. Rose 0

Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]

Austerity

Richard Murphy: Tory austerity has delivered the worst decade for UK productivity growth since the 18th century

April 27, 2018 Mathew D. Rose 0

Should this be a surprise to anyone? The goal of austerity was to increase inequality, primarily at the cost of the poorest and weakest. Nothing more and nothing less. Read here  

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Economics

Richard Murphy: Can Labour talk tax?

April 10, 2018 Mathew D. Rose 0

Richard Murphy has an innate ability to recognise and define problems. What he writes here is valid not only for the UK, but all European nations. If you do not control your national finances, all […]

Finance

Richard Murphy – It’s time to tax wealth

March 25, 2018 Mathew D. Rose 0

Richard Murphy once again proposes to reform a tax system, which is already biased towards capital and is regressive. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns […]

Corruption

Richard Murphy – Guess who won from the Global Financial Crisis?

March 12, 2018 Mathew D. Rose 0

We have one tax scandal after the other. Not only do things not improve, they get worse. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns on issues […]

Economics

Richard Murphy – Modern Monetary Theory and tax havens

March 7, 2018 Mathew D. Rose 0

We at BRAVE NEW EUROPE have been highlighting Modern Monetary Theory. Here is another excellent article by Richard Murphy, this time in conjunction with tax avoidance Richard Murphy is Professor of Practice in International Political […]

Economics

Richard Murphy – Public Sector Borrowing

February 25, 2018 Mathew D. Rose 0

We have been posting a number of articles regarding Modern Monetary Theory. Here Richard Murphy, one of the world’s leading tax experts, explains how it works, and the advantages. Richard Murphy is Professor of Practice in […]

Economics

Richard Murphy – Modern monetary theory in a nutshell

February 10, 2018 Mathew D. Rose 0

Here is something to mull over on the weekend. BRAVE NEW EUROPE features a number of authors who are proponents of Modern Monetary Theory (MMT). We consider it an extremely important idea and shall continue […]

Economics

Richard Murphy – The feral economy

February 5, 2018 Mathew D. Rose 0

There are two economies out there. One is very dangerous: the feral economy. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns on issues of tax avoidance and […]

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Book Reviews

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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