Recent Posts on Modern Money Theory
Posts from Richard Murphy at Tax Research UK
- Accounting Streams – an updateon 19 April 2024 by Richard Murphy
This is the launch video on the Accounting Streams YouTube channel: I will be heavily engaged on this project and another, working with the Global Read the full article...
- Why is there no national insurance on income from wealth in the UK?on 19 April 2024 by Richard Murphy
I have just posted this video on YouTube: The link is here in case it is needed. The transcript is: Why is there no national Read the full article...
- The Bank of England does not careon 19 April 2024 by Richard Murphy
This tweet was published by the Equality Trust (whose work I recommend) yesterday: The overwhelmingly clear message is that the rate of inflation for those Read the full article...
- The IMF really needs to work out in whose interests the world economy should be runon 19 April 2024 by Richard Murphy
The IMF has been sending out some very confused signals from its spring meeting, being held in Brazil this week. If I have read the Read the full article...
- Badenoch’s spinning a totally fabricated yarn about the origins of the UK’s wealthon 19 April 2024 by Richard Murphy
Kemi Badenoch was reported by the Guardian yesterday to have said: It worries me when I hear people talk about wealth and success in the Read the full article...
Posts from Bill Mitchell – Modern Monetary Theory
- Signs of weakening in the Australian labour marketon 18 April 2024 by bill
Today (April 18, 2024), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for March 2024, which shows that the labour market is weakening with employment falling and unemployment rising now that more normal patterns in behaviour after the holiday period disruption have returned. The good news is that full-time employment…
- Why is Brussels supporting Ukraine?on 17 April 2024 by bill
It’s Wednesday, and as usual I scout around various issues that I have been thinking about rather than write a consolidated analysis on one topic. Today, I consider the question of why the EU elites are spending billions supporting the Ukraine government against Russia. They claim that Russia poses a major threat to European freedom…
- The IMF has outlived its usefulness – by about 50 yearson 15 April 2024 by bill
The IMF and the World Bank are in Washington this week for their 6 monthly meetings and the IMF are already bullying policy makers around the world with their rhetoric that continues the scaremongering about inflation. The IMF boss has told central bankers to resist pressure to drop interest rates, even though it is clear…
- Book review: Fiat Socialism by Carlos García Hernándezon 11 April 2024 by bill
When I was in London recently, I caught up with my good friend Carlos García Hernández, who is a Spanish radical and has a book publishing business – Lola Books – in Berlin, which publishes in English, German, Spanish and Italian. He gave me a copy of his own recently published book (2023) – Fiat…
- Latest European Union rules provide no serious reform or increased capacity to meet the actual challenges aheadon 10 April 2024 by bill
It’s Wednesday and we have discussion on a few topics today. The first relates to the new agreement between the European Parliament and the European Council that was announced on February 10, 2024, which purports to reform the fiscal rules structure that has crippled the Member States of the EMU since inception. The reality is…
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