This is excellent. In it Richard discusses with Patricia Pino and Christian Reilly what the UK government deficit actually is, Corbynomics, Labour’s Fiscal Credibility rule and the difference between fiscal policy and monetary policy. Listen […]
What Richard Murphy so aptly addresses is a gap in understanding within the British Left (the left of most other nations have no idea of this discussion) of a very simple, but crucial point concerning […]
15 September will be the tenth anniversary of the crash of Lehmann Brothers Bank in the US. Have we really learnt anything or changed the banking systen? Richard Murphy is Professor of Practice in International […]
Richard Murphy was asked recently to comment on a suggestion by a friend that socialism would always and inevitably destroy any society because it destroyed all incentives for any constructive human behaviour whereas capitalism did […]
Financial crises are often the product of private debt being too high. According to Richard Murphy this situation is rapidly approaching in Britain. The question is what to do when the crisis arrives? Richard Murphy […]
The EU political elite simply cannot shake off its subservience to financial corporations, as Carl Bildt’s tweet once again proves. Democracy plays no role in his vision for Europe. There will have to eventually be a […]
Rent is a redistribution of resources from those without power to those with it. Read here
What would multinational corporations like Amazon do without the EU political elite permitting it to rip off tyxpayers? Read here
Although Richard Murphy is writing about the United Kingdom, this is a pernicious process occuring throughout most of Europe. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns […]
The problem is that most major central banks are being asked to solve what are fiscal problems, which can only be resolved by government policy. Richard Murphy is Professor of Practice in International Political Economy, […]
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