For the second time this week I’m replicating a column by tax specialist and modern monetary theorist Richard Murphy. Here (lightly edited) is what he wrote yesterday. Why interest rate rises are fuelling inflation I have been suggesting interest rate … Read More »
Few alive today in the West have experienced destitution. Yes, baby boomers raised on working class streets knew the haunted look of mothers with too much week and too little money. I recall – I’d be seven or eight – … Read More »
A couple of things are exercising me, one of them read recently. I’ve long thought hubris an occupational hazard for bloggers. Without the support and discipline of a party – and I see none I could join – we may … Read More »
Writing yesterday on his Tax Research site – see Starmer makes me despair – accountant, tax specialist and modern monetary theorist Richard Murphy has this to say: Keir Starmer was interviewed by the ever-affable Justin Webb on the Tory Today programme on … Read More »
Millions of its readers believe The Guardian offers critical, independent reporting that is different to the right-wing, billionaire-controlled UK media. But its limited coverage of British foreign and security policies gives a misleading picture of what the UK does in … Read More »
Guardian writer and former Independent editor Archie Bland today says: Linekerology is only prominent because, even if you think his comparison of Suella Braverman’s rhetoric to that emanating from Germany in the 1930s is excessive … (Not sure I do, … Read More »
Keir Starmer’s belief that the private sector will be the salvation of UK investing is wholly misplaced. Large UK companies are the worst at investing. They look to financialisation for their profits, with innovation very much off their agendas. To … Read More »
Even the mildly socialist policies put forward on Jeremy Corbyn’s watch were too much for Britain’s rulers. Aided by the most vicious campaign ever waged against a party leader, in which every wing – liberal as much as conservative, ‘quality’ … Read More »
Apropos UK data released today by the Office for National Statistics (ONS), modern monetary theorist and tax specialist Richard Murphy comments that: The deliberate choice by the government to prevent market-matching pay settlements in the public sector is only rational … Read More »
There’s no remorse for George Osborne’s austerity that stripped the country bare and wiped 1% off GDP. Instead, here comes the austerity reprise, but far worse now that the Tories are cutting spending on skeleton services in a state of collapse. … Read More »