Even more evidence that Positive Money is embracing MMT

To start at the end of Positive Money’s latest article “It is promising that MMT (Modern Monetary Theory) is gaining traction in every corner. We greatly enjoyed attending both [MMT] events and have only warm expectations about working together to design a better, healthier, fairer economy.” “Positive Money (PoMo) has long advocated using public money… Read more

Betrayals

There is one aspect of betrayal that is that of our current Prime Minister who, less than two months before the referendum, gave a remarkably sensible speech on EU membership at the Institute of Mechanical Engineers. On the basis of its contents she has certainly betrayed the country and probably herself, but not perhaps (yet)… Read more

The IMF have suddenly discovered both the price of everything and the value of nothing

The FT has reported that the IMF says that “Cash-strapped governments could find a huge new source of revenues if they managed their assets more professionally” Those presumably will be the ones that the IMF was previously in favour of not just managing, but privatising. “The potential receipts, equivalent to an average of 3 per… Read more

Police not investigating the misdeeds of Leave because of ‘political sensitivities’?

I think all of those interested in the Rule of Law should look at this ‘Open Democracy’ Article here. If the Metropolitan Police really are not investigating the misdeeds of Leave because of ‘political sensitivities’ we must consider whether or not we are in a country where the Rule of Law prevails or whether in… Read more

Sugar tax own goal

We may now have the sugar tax, but of course what most of the soft drink suppliers have done is substitute other sweeteners for sugar (which we have consumed for about 500 years). I’m unaware of any trials that suggest the alternative sweeteners are in fact either any better or even good for us at… Read more

For this once, let’s hear it for the Legatum Institute

The Social Metrics Commission is a motley crew of people and is an Independent Commission “formed and led by the Legatum Institute‚Äôs CEO Baroness Stroud“. Nobody knows who truly funds the Legatum Institute so their efforts are usually rather suspect. Still, the Joseph Rowntree Foundation is stated as giving them help. Even this Legatum Insitute… Read more

BBC Brexit Coverage: Objective Truth, Relativism and Gaslighting

“Everyone is entitled to his own opinion, but not to his own facts.” – Daniel Patrick Moynihan BBC’s public news purpose: To provide impartial news and information to help people understand and engage with the world around them: The BBC will provide accurate and impartial news, current affairs and factual programming of the highest editorial… Read more