In August, I mentioned that The National, for whom I write a regular column, had a sale on. Some people missed it, and now it
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Infographic: The arguments against MMT
I am often asked to post the infographics separately, so I will: And: How to expand this image Press CTRL or Command and the Plus
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“If AI succeeds it may kill all of our jobs. If it fails, the whole economy falls apart”
Every morning starts, for me, with a review of the many overnight emails that I receive, most of them from news organisations. There was a
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What critics get wrong about MMT
Modern monetary theory, or MMT, is frequently attacked for supposedly saying that governments can print unlimited amounts of money, ignore inflation, abandon taxation, accumulate endless
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Scotland’s Economics Festival 2027
I really enjoyed attending this festival this year. So, I thought I would give next year’s an early plug. Right now, I am not speaking,
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Foreboding
I wrote yesterday’s post on the need for a new approach to national security and resilience with what I admit was a growing sense of
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Progress for the Taxing Wealth Report?
This is in a Telegraph email this morning. I am reproducing it because this is not behind their paywall: Andy Burnham is considering increasing capital
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Understanding economics: What is business?
What is a business? The conventional economic answer tends to focus on firms, markets, capital and profit. I think that misses the most important part
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Building the foundations for the Alterntive Budget, 2026
Summary I began a discussion yesterday about what this year’s Budget should consider. I stressed that security issues would be key, but that national security can
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