Posted on Instagram this afternoon:
I must be winning
Mahatma Gandhi is credited with first saying: First they ignore you: People pay no attention to your ideas. Then they ridicule you: Critics laugh at
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How threatening are the bond vigilantes?
This comment was posted on the blog this morning by an occasional commenter called Dennis Buckley: If we ever did get a government committed to
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When might we have a Chancellor with any degree of macroeconomic competence?
John Healey holds the office of Chancellor of the Exchequer at this moment, to everyone’s surprise, including, I suspect, his own. He was interviewed by
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Understanding economics: What is rent?
Rent is not just the money you pay a landlord. In economics, it means something far bigger and far more significant. Economic rent is any
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Money creation supports the value of pound, rather than harms it
The strongest opposition that I received on LinkedIn, and elsewhere, to my suggestion that we need not worry about the UK’s national debt as it
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If you want to understand government finances don’t ask business or the City
If we want to understand government finances, the last people we should ask are usually businesspeople and the City of London. That might sound surprising.
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Capital gains tax revenues make the case for the Taxing Wealth Report
The naysayers about my Taxing Wealth Report have always said that some of my suggestions, such as equalising the tax rates on income and capital
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The nationalisation taboo
Nationalisation has become the word British politicians dare not say, and the reason they give is always the same: it is unaffordable. They claim that
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