MMT - the differences
Saturday, April 29th, 2023I am not sure what others have made of the discussions on modern monetary theory (MMT) that have dominated this blog during the last week
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Country-by-country reporting to go public in Australia. Will the world now follow in its path?
Friday, April 28th, 2023I wrote the first version of country-by-country reporting for multinational corporations that are public interest entities in 2003. That can be found here. Now Australia
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Sorting out the spend and tax cycle in modern monetary theory
Friday, April 28th, 2023The post that follows is one of my ongoing series on thinking about what modern monetary theory (MMT) says and what I think it should
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The UK has poor public services and a rapidly increasing tax cost. It’s a recipe for discontent.
Friday, April 28th, 2023If you believed the UK’s media this country is massively overtaxed. The OECD has published new data which challenges this idea. Data for the OECD
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The Bank of England is in for a rude awakening because people have had enough of being told they must accept being worse off
Wednesday, April 26th, 2023Bank of England chief economist Huw Pill said yesterday that we all need to get used to the idea of being poorer. At one level,
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The BBC should, in the interests of objective reporting, present a balanced view on the national debt
Tuesday, April 25th, 2023How wrong can the BBC be about money? It seems that the answer is ‘Quite dramatically wrong’. I offer as evidence an article on the
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MMT should be about the real world and not angels on pinheads
Tuesday, April 25th, 2023My exchanges on MMT are ongoing. One is with NeilW, who I presume to be Neil Wilson. In that exchange, I suggested that: MMT is
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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
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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
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