Sustainable Government Finance is not a cult

In a recent post on the Tax Research blog I quoted Richard Murphy’s* own words because he seemed to be rather distressed that progressive economists didn’t seem to support Modern Monetary Theory (MMT) calling it a cult! Perhaps it is time to notice that ProgressivePulse readers have better christened it ‘Sustainable Government Finance’ (SGF). “And… Read more

‘What matters’ is that equality works

We are currently told that Black Lives Matter which, like all lives, of course they do. And while we now discover that the American policeman accused of murder had had 17 complaints against him, none of which seemed to have changed anything, and, indeed there are also instances of American policemen killing white arrestees with… Read more

Prepare for waves – of redundancies for sure and in all probability Covid-19

We seem to have voted in a government that thinks its duties include the right to pillage society and its people. The may not be quite as bad as King John but everyone is definitely supposed to be aware that human worth has its market price. The people are all supposed to be prepared to… Read more

Harvesting other people’s debts should not be a business model

Crises tend to reveal unacknowledged truths. In 2008, we learned that the majority of the financial wizards we had been taught to treat with awe for the previous two decades were, in fact, little more than scam artists — and rather clumsy ones, at that. The coronavirus, and resulting lockdowns, is teaching us an even… Read more