Only modern monetary theory can save the economy from Trussonomics
Friday, September 23rd, 2022I posted this thread on Twitter this morning: Over the next year the government is going to run a deficit. If we look at the
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On data
Thursday, September 22nd, 2022My comments posted on this blog yesterday on the relationship between GDP and overall tax rates within an economy provoked some furious responses from some
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High-tax states work for the good of those who live in them: Truss is wrong to claim anything else
Wednesday, September 21st, 2022Martin Wolf’s article in the FT today, in which he tears Liz Truss and her economics to shreds, includes this chart as evidence of what
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As the Bank of England threatens to crash the property market Truss steps in with a stamp duty cut to keep the older middle classes happy
Wednesday, September 21st, 2022The Bank of England will increase interest rates tomorrow. The only question is by how much. Their relentless plan to raise rates will continue. The
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The IMF says trickle down does not work and we all know they're right
Wednesday, September 21st, 2022There were some interesting exchanges on economics yesterday. President Biden said in a tweet that he did not think trickle-down economics works. At the same
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Filling the voids in the post-Elizabethan era
Tuesday, September 20th, 2022I posted this thread on Twitter this morning: It’s indisputable that the Queen’s death marked the end of an era. It also creates two empty
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Kwarteng is basing his policy on fantasy economics
Wednesday, September 14th, 2022I posted this thread on Twitter this morning: In a week when politics is not meant to be happening the government has let it be
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Why isn't the private estate of the Queen subject to inheritance tax?
Tuesday, September 13th, 2022I posted this Tweet this morning: I very firmly believe that the monarch has to be our equal before the law. This abuse has to
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Truss is putting the monarchy at risk by joining Charles on tour
Sunday, September 11th, 2022I posted this thread on Twitter this morning: I had decided that I would leave aside discussion of the monarchy and its role in our
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