As The Guardian has noted this week: Artificial intelligence could kill off humanity within the decade, according to three researchers with the industry giant Anthropic, one of
Read the full article…
Home time
A very productive week has ended. Thomas was on holiday. So was I. We were in Blakeney in Norfolk. And yes, I wrote for at
Read the full article…
What if labour was not a cost?
I have been thinking about something that is so obvious within conventional accounting that almost no one thinks to question it. It is the assumption
Read the full article…
Understanding economics: What is inequality?
Inequality is about much more than the difference between what one person earns and another. It is about income, wealth, opportunity, security and, ultimately, power.
Read the full article…
The world economic crisis is developing
Another of my predictions is coming true. It is being reliably reported that the Houthis in Yemen have taken control of access to the Red
Read the full article…
Accounting and entanglement
There is an old story about a client who visits their accountant and asks, “What is two plus two?” The accountant replies, “What would you
Read the full article…
‘Murphy’s work on tax is top dollar’
I was sent this picture last night. It is of a letter in the Morning Star newspaper. I do not always agree with the Morning
Read the full article…
Trump’s helicopter money would create an economic disaster
Donald Trump has claimed that if the Republicans win the midterm elections, he will make every adult in America $5,000 better off. That is, for
Read the full article…
The central banks begin their war on the innocent victims of inflation
The European Central Bank raised its base interest rate to 2.5% yesterday. This move is meant to control inflation arising as a consequence of the
Read the full article…

Buy me a coffee!
