Why we need a national debt
Wednesday, July 26th, 2023I had a request yesterday that I write an article explaining the national debt, most especially in the context of modern monetary theory. Let me
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The Tax Justice Network's State of Tax Justice Report is hopelessly misleading, yet again
Tuesday, July 25th, 2023The Tax Justice Network has just published this as part of the launch of what it calls The State of Tax Justice Report 2023: Countries
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Pension investment could help transform this country. Pension saving cannot. It's a fundamental point that has to be understood.
Monday, July 24th, 2023Martin Wolf had an article in the FT, published yesterday that began by saying: He then lamented three things. The first is that we have
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We could be in for some very dangerous politics this autumn as Tories play very silly games knowing that they are heading for electoral oblivion
Monday, July 24th, 2023The Guardian reports this morning that: Rishi Sunak is being urged by senior Conservatives to go for a spring election next year, with the plan said to
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Coffee powered
Friday, July 21st, 2023Most days someone makes a donation on this blog by hitting the ‘buy me a coffee’ button. I am genuinely grateful: this blog costs money
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£30bn for pay awards, and more, could easily be found
Friday, July 21st, 2023I have this letter in The Guardian today: As your editorial (13 July) notes, the government needs just a little extra funding to meet the
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There are three types of politicians. Our problem is that we have very few of the ones that we need.
Wednesday, July 19th, 2023There are three types of politician. The first type is only in politics for what they can get out of it. They are far too
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Labour claims "there is no money left"
Tuesday, July 18th, 2023In 2010 Liam Byrne MP left a note for his Tory successor as Chief Secretary to the Treasury saying that he was very sorry, but
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The goverment's accounts are massively overdue - and that's not good enough
Tuesday, July 18th, 2023I noticed this reply to a parliamentary question that was published yesterday: The Whole of Government Accounts matter. They are the only publication by the
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