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Brave New Europe

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HomeRichard Murphy

Richard Murphy

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Economics

Richard Murphy – Modern Monetary Theory: economics for an economy focussed on meeting the needs of most people

June 10, 2018 Mathew D. Rose 0

We have been trying to introduce Modern Monetary Theory to our readers. There is no one who explains it better and clearer than Richard Murphy. It is really not that difficult or esoteric. It is […]

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Economics

Richard Murphy – Switzerland: The battle for money has begun

June 8, 2018 Mathew D. Rose 0

Today Switzerland is holding a referendum concerning banking and the creation of money. BRAVE NEW EUROPE is posting two contrary articles in response to a piece in the Financial Times by MartinWolf on the topic […]

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Economics

Richard Murphy – The Goals of Economic Policy

May 24, 2018 Mathew D. Rose 0

British economic policy framework leaves a vacuum of responsibility for delivering an economy in which people can flourish. In response, Professor Richard Murphy outlines an alternative set of goals for economic policy. Richard Murphy is Professor of […]

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Economics

Richard Murphy – The BoTs are coming – and we should all take note

May 21, 2018 Mathew D. Rose 0

This may sound like some sort of esoteric economic topic, but it is anything but that. This is a real proposal being aired by the new coalition in Italy and could become a real issue […]

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Finance

Richard Murphy and Saila Stausholm: The Big Four – A study of opacity

May 18, 2018 Mathew D. Rose 0

Not recent, but still current today, concerning The secret world of the Big 4 firms of accountants  

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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 […]

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Book Reviews

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Economics

Designing Global Economic Equality: The Making and Unmaking of Global Egalitarian Policies at the United Nations by Christian Christiansen

June 11, 2026 0

Reviewed by Branko Milanović The just published book by Christian Christiansen Designing Global Economic Equality: The Making and Unmaking of Global Egalitarian Policies at the United Nations provides an intellectual review of the history of […]

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Economics

Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate by Dani Rodrik

May 8, 2026 0

Book Review by Walden Bello Dani Rodrik has impeccable credentials as an economist. He is an expert in many areas, including trade and development, and is one of Harvard University’s leading lights. In recent years, […]

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