🦜 Funding the Future
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Richard Murphy on developing a fairer and sustainable economy
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The media must be held to account
https://www.taxresearch.org.uk/Blog/2025/05/24/the-media-must-be-held-to-account/
Published: May 24, 2025 08:20
As the Guardian noted later yesterday: Benjamin Netanyahu was accused of slander and pursuing a war without end after he claimed the leaders of France, Read the full article...
Not bad….
https://www.taxresearch.org.uk/Blog/2025/05/24/not-bad/
Published: May 24, 2025 07:48
I was grateful for comments made here and in some emails sent to me about Thursday‘s video, which people seemed to appreciate. Yesterday’s was appreciated Read the full article...
What do you do with a savings glut?
https://www.taxresearch.org.uk/Blog/2025/05/24/what-do-you-do-with-a-savings-glut/
Published: May 24, 2025 07:04
A savings glut creates global economic instability, and that's precisely the problem the world's got right now. The question is, what are we going to Read the full article...
Labour really are total bastards
https://www.taxresearch.org.uk/Blog/2025/05/23/labour-really-are-total-bastards/
Published: May 23, 2025 16:32
This is a headline in The Guardian this afternoon: The report says: Labour’s flagship child poverty strategy has been delayed until at least the autumn Read the full article...
Fascism is advancing
https://www.taxresearch.org.uk/Blog/2025/05/23/fascism-is-advancing/
Published: May 23, 2025 10:59
Fascism is rolling forward ever faster in the USA. The Guardian has reported this: The Trump administration has said it is halting Harvard University’s ability to enroll international Read the full article...
How are we going to treat those fleeing fascism in the USA?
https://www.taxresearch.org.uk/Blog/2025/05/23/how-are-we-going-to-treat-those-fleeing-fascism-in-the-usa/
Published: May 23, 2025 06:38
As the FT has reported: Net migration to the UK almost halved in 2024 as tougher visa rules took effect, in figures that could reduce Read the full article...
A challenge…
https://www.taxresearch.org.uk/Blog/2025/05/23/a-challenge/
Published: May 23, 2025 06:12
I am recording for a documentary today. I’ve known the people behind the documentary in question for some time, but I was a little surprised Read the full article...
Has Trump killed US democracy?
https://www.taxresearch.org.uk/Blog/2025/05/23/has-trump-killed-us-democracy/
Published: May 23, 2025 06:08
Trump's 'Big Beautiful Bill' ends the chance of a President being held in contempt of US courts, and that means US democracy is over. What Read the full article...
Guest Blog: Beyond the Equations: Diversity and Culture Enrich Finance Wisdom
https://www.taxresearch.org.uk/Blog/2025/05/23/guest-blog-beyond-the-equations-diversity-and-culture-enrich-finance-wisdom/
Published: May 23, 2025 05:46
This is a guest blog by an old friend of mine, Professor Atul K. Shah of City St Georges, University of London. The science of Read the full article...
The economics of independence
https://www.taxresearch.org.uk/Blog/2025/05/23/the-economics-of-independence/
Published: May 23, 2025 05:34
I got this note through yesterday from William Thomson, who co-runs something called Scotonomics, for whom I have recorded on a number of occasions, because Read the full article...
Democracy is almost over in the States
https://www.taxresearch.org.uk/Blog/2025/05/22/democracy-is-almost-over-in-the-states/
Published: May 22, 2025 07:14
This is the opening paragraph of today's 'Letter from an American' by Heather Cox Richardson. Just after 1:00 this morning, the House Rules Committee began Read the full article...
Is the truth about Trump the biggest political unknown known of all?
https://www.taxresearch.org.uk/Blog/2025/05/22/is-the-truth-about-trump-the-biggest-political-unknown-known-of-all/
Published: May 22, 2025 06:59
As the New York Times reports in an email this morning: During a fraught White House meeting with a stunned President Cyril Ramaphosa of South Read the full article...
Starmer’s J-turn
https://www.taxresearch.org.uk/Blog/2025/05/22/starmers-j-turn/
Published: May 22, 2025 06:44
Some say Starmer has U-turned on the winter fuel allowance (WFA). I disagree. I prefer the idea put forward by Richard Bergon MP on Channel Read the full article...
The problem of the unknown knowns
https://www.taxresearch.org.uk/Blog/2025/05/22/the-problem-of-the-unknown-knowns/
Published: May 22, 2025 06:10
Donald Rumsfeld got his famous quote on knowns wrong: he ignored the unknown knowns, and they are a huge issue in modern politics. This is Read the full article...
Government-created inflation is back
https://www.taxresearch.org.uk/Blog/2025/05/21/government-created-inflation-is-back/
Published: May 21, 2025 06:44
As the Office for National Statistics has reported this morning: The Consumer Prices Index (CPI) rose by 3.5% in the 12 months to April 2025, Read the full article...
Are Labour ministers guilty of joint enterprise crimes on Gaza?
https://www.taxresearch.org.uk/Blog/2025/05/21/are-labour-ministers-guilty-of-joint-enterprise-crimes-on-gaza/
Published: May 21, 2025 06:26
The UK government made pathetic gestures yesterday on Gaza, aimed at Israel. David Lammy, in his role as Foreign Secretary, told the Commons, according to Read the full article...
Starmer’s no big deal
https://www.taxresearch.org.uk/Blog/2025/05/21/starmers-no-big-deal/
Published: May 21, 2025 06:09
Starmer wants us to think he's doing big foreign policy deals. He isn't. He's playing in the sandpit of international relations, and nothing is really Read the full article...
Thank you
https://www.taxresearch.org.uk/Blog/2025/05/21/thank-you-3/
Published: May 21, 2025 05:53
I spent some time last night translating comments in response to my request for video ideas, made yesterday, into the mindmap that I use to Read the full article...
It’s all about power
https://www.taxresearch.org.uk/Blog/2025/05/20/its-all-about-power-2/
Published: May 20, 2025 18:12
I realised that I needed to record a new introduction to my YouTube channel as the last one still suggested I was still employed at Read the full article...
Any suggestions for questions you’d like to be answered?
https://www.taxresearch.org.uk/Blog/2025/05/20/any-suggestions-for-questions-youd-like-to-be-answered/
Published: May 20, 2025 06:39
Thomas and I were talking together about videos yesterday, and what we might make some on. I had some ideas, but they are all a Read the full article...
The Bank of England is setting us up for a crash
https://www.taxresearch.org.uk/Blog/2025/05/20/the-bank-of-england-is-setting-us-up-for-a-crash/
Published: May 20, 2025 06:33
The FT has reported: The Bank of England is exploring ways to relax ringfencing rules that force UK lenders to separate their retail operations from Read the full article...
Starmer’s insignificant deal
https://www.taxresearch.org.uk/Blog/2025/05/20/starmers-insignificant-deal/
Published: May 20, 2025 06:23
Starmer has done a deal with the EU. Only, of course, just like the deal with Trump, most of the detail has yet to be Read the full article...
Has Netanyahu pleaded guilty?
https://www.taxresearch.org.uk/Blog/2025/05/20/has-netanyahu-pleaded-guilty/
Published: May 20, 2025 06:10
As the FT reported yesterday: Benjamin Netanyahu said Israel planned to take over all of Gaza as the country escalated its offensive in the war-torn Read the full article...
Is Trump at War with America?
https://www.taxresearch.org.uk/Blog/2025/05/20/is-trump-at-war-with-america/
Published: May 20, 2025 06:09
Trump's Big Beautiful Budget is a declaration of war on everyone in the US but the very rich. This is the audio version: This is Read the full article...
Are we really going to live through an age of tyranny?
https://www.taxresearch.org.uk/Blog/2025/05/19/are-we-really-going-to-live-through-an-age-of-tyranny/
Published: May 19, 2025 07:12
The far-right tyranny that is threatening the world continues to advance at pace. As the New York Times has reported: [T]he Heritage contingent [has been] Read the full article...
In The National this morning
https://www.taxresearch.org.uk/Blog/2025/05/19/in-the-national-this-morning-2/
Published: May 19, 2025 06:51
As I say in my National column this morning: SCOTLAND needs to welcome migrants with open arms. Unless it does so, the economic future of Read the full article...
Will Labour reverse the harm of Brexit?
https://www.taxresearch.org.uk/Blog/2025/05/19/will-labour-reverse-the-harm-of-brexit/
Published: May 19, 2025 06:42
If you listened to 10 Downing Street, you would think that the agreement it is trying to reach with the EU today is epochal. It Read the full article...
On linear and non-linear thinking and the consequences for political decision making
https://www.taxresearch.org.uk/Blog/2025/05/19/on-linear-and-non-linear-thinking-and-the-consequences-for-political-decision-making/
Published: May 19, 2025 06:27
Please accept my apologies in advance for this being a long post. Don't be put off. This is a massively important issue. How we think Read the full article...
The UK wealth fund is a joke
https://www.taxresearch.org.uk/Blog/2025/05/19/the-uk-wealth-fund-is-a-joke/
Published: May 19, 2025 06:12
This was reported in parliament last week: Blake Stephenson Conservative Mid Bedfordshire To ask the Chancellor of the Exchequer, what individual investments have been made Read the full article...
Why aren’t we having children?
https://www.taxresearch.org.uk/Blog/2025/05/19/why-arent-we-having-children/
Published: May 19, 2025 06:11
The whole of the West has a childbirth problem. We're not having enough children to replace ourselves. Why is that? And what needs to change Read the full article...
We are not overwhelmed by migrants
https://www.taxresearch.org.uk/Blog/2025/05/18/we-are-not-overwhelmed-by-migrants/
Published: May 18, 2025 07:03
I thought this was worth sharing, from BueSky: The idea that there is anything exceptional about the number of people living in the UK who Read the full article...
To see off Farage the economy needs to be weaponised against fascism
https://www.taxresearch.org.uk/Blog/2025/05/18/to-see-off-farage-the-economy-needs-to-be-weaponised-against-fascism/
Published: May 18, 2025 06:55
As Phillip Inman noted in the Guardian yesterday: How can the Bank of England avoid being a loyal and trusted friend to Nigel Farage? That’s easy. Read the full article...
The diminished state of the UK
https://www.taxresearch.org.uk/Blog/2025/05/18/the-diminished-state-of-the-uk/
Published: May 18, 2025 06:45
As The Guardian reported yesterday: The UK’s drastically diminished aid budget is the “new normal,” the development minister, Jenny Chapman, has said, as she claimed Read the full article...
A hotbed of gross inequality
https://www.taxresearch.org.uk/Blog/2025/05/18/a-hotbed-of-gross-inequality/
Published: May 18, 2025 06:34
As The Guardian has reported: A gardener and activist hired by the Royal Horticultural Society to help it reach out to younger and disadvantaged people Read the full article...
Why Labour is deep in political shit
https://www.taxresearch.org.uk/Blog/2025/05/18/why-labour-is-deep-in-political-shit/
Published: May 18, 2025 06:31
There was an article in the New York Times yesterday on how to be happy. These are not my regular reading. For some reason, I Read the full article...
The cult of Nigel
https://www.taxresearch.org.uk/Blog/2025/05/18/the-cult-of-nigel/
Published: May 18, 2025 06:29
I am not a fan of Robert Lowe. But he is right when he says Reform is 'the cult of Nigel'. This is BlueSky, so Read the full article...
The Daily Mail thinks fleeing fascism is ‘woke’
https://www.taxresearch.org.uk/Blog/2025/05/18/the-mail-thinks-fleeing-fascism-is-woke/
Published: May 18, 2025 06:18
On Friday, the Daily Fail Mail featured this profoundly enlightened headline: As they noted: Three liberal professors at Yale University said they're jumping ship from Read the full article...
Politicians need to do double-entry
https://www.taxresearch.org.uk/Blog/2025/05/18/politicians-need-to-do-double-entry/
Published: May 18, 2025 06:17
Double-entry bookkeeping is based on a fundamental economic truth: that every action has a reaction. This is the audio version: This is the transcript: I Read the full article...
Are the wealthy ripping off HM Revenue & Customs?
https://www.taxresearch.org.uk/Blog/2025/05/17/are-the-wealthy-ripping-off-hm-revenue-customs/
Published: May 17, 2025 06:24
The National Audit Office (NAO) issued a report yesterday that suggested: HM Revenue & Customs (HMRC) defines wealthy individuals as those earning more than £200,000 Read the full article...
Who’s making money out of Trump?
https://www.taxresearch.org.uk/Blog/2025/05/17/whos-making-money-out-of-trump/
Published: May 17, 2025 06:03
Trump wants to be one of the wealthiest men in the world. That's why he became President for the second time, and this time, he Read the full article...
Neurodivergence, neoliberalism, and the conflict between the two
https://www.taxresearch.org.uk/Blog/2025/05/17/neurodivergence-neoliberalism-and-the-conflict-between-the-two/
Published: May 17, 2025 05:52
I have posted this comment on this blog this morning in response to a comment made by a father of a daughter with autism, and Read the full article...