On cash, and its increasing irrelevance
Saturday, November 11th, 2023Following my recent posts on the nature of money, there has been some discussion on the nature and usefulness of cash in the comments. The
Read the full article…
Tory governments have been an economic disaster story for the UK
Friday, November 10th, 2023The Office for National Statistics (ONS) has published its first estimate for growth in the UK in the quarter to 30 September 2023. I thought
Read the full article…
Taxing Wealth Report 2024: Abolishing the domicile rule for tax purposes might raise £3.2 billion of tax revenue a year
Friday, November 10th, 2023I have this morning published the latest in my series of proposals that will make up the Taxing Wealth Report 2024. In this latest note, I consider
Read the full article…
Where are Sunak and Braverman now?
Friday, November 10th, 2023There are, at the time I am writing, two obvious questions for today. Both relate to the extraordinary conduct of Suella Braverman. It became clear
Read the full article…
Money does not move
Thursday, November 9th, 2023In response to one of the commentators on yesterday’s post on the political economy of money, I mentioned one of the most difficult ideas that
Read the full article…
The political economy of money
Wednesday, November 8th, 2023I wrote the note, which is both attached as a PDF (which might be easier to read) and which I reproduce in slightly re-edited form
Read the full article…
The Middle East, the threat of wider war, and recession
Monday, November 6th, 2023The Guardian summarises this morning an issue that was played out in a big way in yesterday’s Sunday Times, saying: A global recession could be
Read the full article…
Is Sunak doing all he can to avoid the issue?
Monday, November 6th, 2023Roy Lilley is an experienced (by which I mean old enough to be retired) NHS manager who writes a daily email on health management-related issues
Read the full article…
The challenge from AI is not to our intelligence: it is instead to our unique ability to think
Saturday, November 4th, 2023I feel I should say something about artificial intelligence. To some degree I am hindered when contemplating doing so by the fact that I am
Read the full article…