🦜 Funding the Future
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Richard Murphy on developing a fairer and sustainable economy
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Of sunflowers, ploughs and cathedrals
https://www.taxresearch.org.uk/Blog/2024/09/07/of-sunflowers-ploughs-and-cathedrals/
Published: September 7, 2024 13:33
I was asked on this blog this week if I lived in a rural area. These photos were taken during my walk this morning. The Read the full article...
Not everything Labour is doing is a cock-up
https://www.taxresearch.org.uk/Blog/2024/09/07/not-everything-labour-is-doing-is-a-cock-up/
Published: September 7, 2024 13:21
This morning's coffee after a walk resulted in a conversation with my wife that, in turn, resulted in these tweets:
What is modern monetary theory?
https://www.taxresearch.org.uk/Blog/2024/09/07/what-is-modern-monetary-theory-2/
Published: September 7, 2024 07:12
I this morning's video, I argue that you can’t discuss macroeconomics without knowing about modern monetary theory. So, what is it all about? In this Read the full article...
A cappuccino is the perfect metaphor for the mixed economy
https://www.taxresearch.org.uk/Blog/2024/09/06/a-cappuccino-is-the-perfect-metaphor-for-the-mixed-economy/
Published: September 6, 2024 06:03
In this morning's video, I explore an idea I first wrote about in my book, The Courageous State, in 2011. I suggest that there is Read the full article...
Do we need any more public inquiries?
https://www.taxresearch.org.uk/Blog/2024/09/06/do-we-need-any-more-public-inquiries/
Published: September 6, 2024 05:52
The Grenfell Inquiry has now reported seven years after the fire, the causes of which it investigated. With the greatest of respect to the judge Read the full article...
Of what value is democracy when those in power ignore it?
https://www.taxresearch.org.uk/Blog/2024/09/06/of-what-value-is-democracy-when-those-in-power-ignore-it/
Published: September 6, 2024 04:53
President Macron of France appointed Michel Barnier as Prime Minister of that country yesterday. By doing so, he has lived up to the neoliberal expectation. Read the full article...
Moderation today
https://www.taxresearch.org.uk/Blog/2024/09/06/moderation-today-2/
Published: September 6, 2024 04:52
I am spending much of today at a conference at University College, London that will explore progress on the Accounting Streams project to create a Read the full article...
Budget representations
https://www.taxresearch.org.uk/Blog/2024/09/05/budget-representations/
Published: September 5, 2024 06:17
If you want to submit a representation to the Treasury in advance of the Budget, you still have a few days to do so. The Read the full article...
Why are we obsessed with inflation?
https://www.taxresearch.org.uk/Blog/2024/09/05/why-are-we-obsessed-with-inflation/
Published: September 5, 2024 06:05
In this morning's video I note that inflation is always a temporary phenomenon that always cures itself. History proves that. In that case to make Read the full article...
Neoliberalism was the underlying cause of the Grenfell disaster
https://www.taxresearch.org.uk/Blog/2024/09/05/neoliberalism-was-the-underlying-cause-of-the-grenfell-disaster/
Published: September 5, 2024 05:54
Musing on what to say about the Grenfell inquiry has been quite hard. Nothing anyone can say can take away the trauma of what happened Read the full article...
The economics of the Mile End Road in The Guardian
https://www.taxresearch.org.uk/Blog/2024/09/04/the-economics-of-the-mile-end-road-in-the-guardian/
Published: September 4, 2024 16:05
My colleague, Danny Blanchflower, has an article in the Guardian today on some of the ideas that we are putting forward with regard to economic Read the full article...
Could it be that austerity is a Labour policy and not a choice?
https://www.taxresearch.org.uk/Blog/2024/09/04/could-it-be-that-austerity-is-a-labour-policy-and-not-a-choice/
Published: September 4, 2024 07:36
As the Guardian noted yesterday: Investors have rushed to take part in an auction of UK government debt today, in an sign that the new Read the full article...
Markets are losing faith in AI
https://www.taxresearch.org.uk/Blog/2024/09/04/markets-are-losing-faith-in-ai/
Published: September 4, 2024 07:20
Shares in Nvidia, the leading AI chip maker, fell almost 10 per cent yesterday, erasing around $280 billion of its supposed value—the biggest single-day loss Read the full article...
Neoliberalism has reduced politics to the level of farce
https://www.taxresearch.org.uk/Blog/2024/09/04/neoliberalism-has-reduced-politics-to-the-level-of-farce/
Published: September 4, 2024 06:44
I watched Shona Robison, the Scottish minister of finance, deliver a statement in the Holyrood parliament yesterday. The statement was necessitated by budget changes that Read the full article...
Why are the far-right so popular?
https://www.taxresearch.org.uk/Blog/2024/09/04/why-are-the-far-right-so-popular/
Published: September 4, 2024 06:16
In this morning’s video I note that the far-right won an election in Germany last weekend, following on from successes elsewhere. Why is it so Read the full article...
Today’s tragedy in the Channel
https://www.taxresearch.org.uk/Blog/2024/09/03/todays-tragedy-in-the-channel/
Published: September 3, 2024 17:45
I just posted this on Twitter: We could solve this problem. It is the egos of politicians that is preventing this happening. Why can’t we Read the full article...
Tackling the cumber
https://www.taxresearch.org.uk/Blog/2024/09/03/tackling-the-cumber/
Published: September 3, 2024 06:44
The Guardian reports this morning that: Spending extra cash on mental health services would boost economic growth and improve the nation’s well-being more than building new Read the full article...
Is Keir Starmer an authoritarian?
https://www.taxresearch.org.uk/Blog/2024/09/03/is-keir-starmer-an-authoritarian/
Published: September 3, 2024 06:16
In this morning’s video I note that  the EU has offered the UK the chance of free movement for people under the age of 30, Read the full article...
20,000
https://www.taxresearch.org.uk/Blog/2024/09/03/20000-2/
Published: September 3, 2024 05:42
Some time during last night this blog’s related YouTube channel hit 20,000 followers: This is an increase of 12,000 followers since April when the channel Read the full article...
Labour’s fence-sitting does not represent an ethical foreign policy
https://www.taxresearch.org.uk/Blog/2024/09/03/labours-fence-sitting-does-not-represent-an-ethical-foreign-policy/
Published: September 3, 2024 05:33
I continue to struggle with the actions of the Labour government. Yesterday we learned that it has banned some sales of arms Israel, but not Read the full article...
There is no economic crisis in the UK. So why is Rachel Reeves making people suffer?
https://www.taxresearch.org.uk/Blog/2024/09/02/there-is-no-economic-crisis-in-the-uk-so-why-is-rachel-reeves-making-people-suffer/
Published: September 2, 2024 07:12
I posted this thread on Twitter this morning: Would the UK economy really have collapsed as Labour is saying if it had not cut the Read the full article...
Why are our children so miserable?
https://www.taxresearch.org.uk/Blog/2024/09/02/why-are-our-children-so-miserable/
Published: September 2, 2024 06:17
In this morning’s video I note that a survey has suggested that young people in the UK are much more dissatisfied with their lives than Read the full article...
Rachel Reeves really shouldn’t walk on the cracks in the pavement
https://www.taxresearch.org.uk/Blog/2024/09/01/rachel-reeves-really-shouldnt-walk-on-the-cracks-in-the-pavement/
Published: September 1, 2024 18:30
I just posted this on Twitter: What else is there to say? How gullible do Labour think we are?
Labour’s style of lifebelt
https://www.taxresearch.org.uk/Blog/2024/09/01/labours-style-of-lifebelt/
Published: September 1, 2024 17:35
I was at the Walthamstow Wetlands Centre for a family gathering today. I noticed this scene: In the background, there might be hope for a Read the full article...
The Mile End Road on other people’s channels
https://www.taxresearch.org.uk/Blog/2024/09/01/the-mile-end-road-on-other-peoples-channels/
Published: September 1, 2024 06:56
Danny Blanchflower and I have been on other people's YouTube channels. This was Danny on Owen Jones' channel yesterday: I also noted that Polotics Joe Read the full article...
Labour is a neoliberal to its core
https://www.taxresearch.org.uk/Blog/2024/09/01/labour-is-a-neoliberal-to-its-core/
Published: September 1, 2024 06:49
In this morning’s video I argue that Labour was built on the basis of a proud left-of-centre tradition that was based on support for working Read the full article...