We need a Ministry of Taxation and an Office for Tax Responsibility
Tuesday, April 25th, 2023I was asked yesterday about an old idea of mine – or rather, two of them. They are for the need for an Office for
Read the full article…
The government is failing business, its employees and our economy just when the end of inflation is in sight
Monday, April 24th, 2023As the Guardian and many other outlets have reported this afternoon: The Italian restaurant chain Prezzo has said it plans to close 46 outlets in
Read the full article…
It's time BP worked out in whose interests it acts
Monday, April 24th, 2023As the Guardian has reported this morning: Such resolutions have been put forward before. They always fail. And usually, they are non-binding anyway, making a
Read the full article…
Raab is playing by the far-right rule book
Saturday, April 22nd, 2023Dominic Raab says he was forced out of office by ‘activist civil servants’. His former permanent secretary, speaking this morning, clearly disagrees. He said: I
Read the full article…
What was the CBI for? And can any good come from its demise?
Saturday, April 22nd, 2023I guess the day had to come for the Confederation of British Industry (the CBI). The fact is that there is remarkably little industry left
Read the full article…
Is tax imposed violently?
Friday, April 21st, 2023This is the third in my reaction series to the discussion on modern monetary theory (MMT) on this blog this week. The others are here
Read the full article…
Is tax theft?
Friday, April 21st, 2023This is the second in a series of reactions to my recent engagement in a dispute on the nature of modern monetary theory (MMT). The
Read the full article…
Government spend precedes tax in the real world, but not for the reasons some supporters of modern monetary theory suggest
Thursday, April 20th, 2023I got this comment on Twitter last night on my MMT posts and along with some comments from Neil W (who I presume to be
Read the full article…
'Modern monetary theory: an explanation' updated
Wednesday, April 19th, 2023I have published a second edition of ‘Modern monetary theory: an explanation’. That’s good going after a day in circulation, but indicates that I listen.
Read the full article…