The country wants and needs more government debt
Wednesday, June 20th, 2018In principle a government with its own central bank does not need to issue gilts to cover its deficit: it can simply run an overdraft
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The government is refusing to play its part in creating money the economy needs
Tuesday, June 19th, 2018The UK is expected to have GDP of £2,054 bn this year (table 4.1 here). In current cash terms that is expected to grow to £2,116 bn
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The NHS is a efficient as it gets, except on health outcomes, and we just don't spend enough to get them
Tuesday, June 19th, 2018This graphic is from the Guardian: And this one is from the US-based Commonwealth Fund in 2017: When you hear the right wing say the NHS
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There are three ways to deliver funding of £20 billion for the NHS, and tax is the worst of them
Monday, June 18th, 2018Papers are filled with talk of the Theresa May’s NHS Brexit dividend this morning. Thankfully, it appears that no one buys the story. Not one serious
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It's by choice that the NHS is in crisis. And it's by choice that it can be got out of it
Saturday, June 16th, 2018The Resolution Foundation has published a chart that reveals just how big the Tory assault on the NHS has been. As they said in an
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Fraud is on the increase and the number of prosecutions has fallen by 31%
Tuesday, June 12th, 2018The FT has noted this morning that: A lack of resources for Britain’s police and prosecutors has led the number of white-collar crime prosecutions to
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Tax Research elsewhere
Monday, June 11th, 2018There’s a curious feature of this blog, which is that if I write about tax no one much bothers to read it. Or, at least,
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If there is no money available to build the Midland Metropolitan Hospital start using People’s QE
Monday, June 11th, 2018The FT has reported this morning that: The Treasury is searching for investors for the stalled £353m Midland Metropolitan Hospital project after a consortium of
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The health of the nation and the health of the economy demands unfunded spending on the NHS
Thursday, June 7th, 2018Politics Home reports this morning that: The Archbishop of Canterbury has urged the Government to boost public spending by raising taxes and increasing borrowing. Justin
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