What we need is some Keynesian thinking
Tuesday, June 28th, 2022Johnson implied yesterday that the cost of living crisis is a price worth paying to beat Putin. But we’re not at war. Nor is there
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On the tax gap, in the Guardian
Friday, June 24th, 2022My comments on the tax gap made yesterday were picked up in the Guardian which quotes me saying: Richard Murphy, a tax expert, said the
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The oil companies are saying they’ll quit UK oil exploration, which is great news
Friday, June 24th, 2022I was pleased to read this in the FT: UK oil and gas producers on Thursday warned Rishi Sunak, the chancellor, that his new windfall
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HMRC is marking its own homework again on the tax gap - and very oddly found it did almost exactly the same as it always does
Thursday, June 23rd, 2022It is HMRC tax gap day – which is the day when they admit how much tax they did not collect, in their estimation. My
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In my opinion the government is talking a lot of nonsense about inflation
Thursday, June 23rd, 2022I was scheduled to do a ten-minute session on BBC national radio this morning, but what seems to be a tacit agreement by broadcasters to
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The inter-generational contract that's being undermined by financial capitalism
Wednesday, June 22nd, 2022A reader of this blog, Dave Rotheram, picked up a quote from me and used it on Facebook the other day, noting I said: We
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The economics of the government's pay disputes don't stack
Tuesday, June 21st, 2022This is my second Twitter thread of the morning (and no, for the record, I could not sleep): The government wants a summer of pay
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There is a solution to public sector pay disputes if the government wants to find one
Tuesday, June 21st, 2022I posted this thread on public sector pay rises on Twitter this morning: A Treasury minister said yesterday that ‘We are taking a responsible stance
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The double entry behind the money creation in the central bank reserve accounts
Tuesday, June 21st, 2022I have been asked for a blog post explaining the double-entry that explains the money creation in the central bank reserve accounts that commercial banks
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