This shortish piece (below in quotation marks) arrived in my inbox a couple of days ago after somebody had viewed the excellent ‘Money for Nothing’ video. “Three questions: Why doesn’t the Labour Party explicitly adopt this approach [that money is created out of thin air and we spend and tax in fact] to tax and… Read more
Understanding the Right Wing mind – William Hague
Here is yet another article in the ‘Daily Telegraph’ – I know – people will think I read nothing else! Which is probably why I chose – just in case – to add this piece to our series on understanding the Right Wing mind. If Johnson is the after-dinner speaker as Prime Minister, then I… Read more
Brexit disaster looms…
There is worrying news from the WTO, which seems to be little noticed. The only record I can find is here, and which ‘Yorkshire Bylines’ are, I suggest, well worth following. The USA has long refused to approve more WTO ajudicators (arbitrators for disputes) so these judges are now inquorate. Trump has only accentuated the… Read more
Automatic ‘cheers’…
A little light relief showing, perhaps, human inventiveness… Or, maybe it’s desperation…. It certainly made me smile…. Read more
‘We print money digitally’ – so says the Fed
The current Chairman of the Federal Reserve bank of the USA – otherwise known as the US Central Bank, says that Central Banks have have the ability to create money digitally … and also print actual currency. This really could be not more obvious that this is THE MAGIC MONEY TREE that we have always… Read more
Rebuilding the tax base – but for fairness not finance
The New Economics Foundation (NEF) has written about rebuilding the tax base – after the pandemic. Here we have, unfortunately, a basically progressive organisation, which thinks we have to renew the tax base, because Covid- 19 suggests we’ve spent it all, and got nothing left. They mention that tax take is likely to be reduced… Read more
Covid-19 How is the UK doing?
Introduction From HMG’s perspective, now that the UK has left the EU, the Covid-19 pandemic provided an opportunity to show the UK’s true genius, unshackled from an allegedly moribund Europe. What better opportunity to showcase the true and exceptional greatness of Great Britain? The UK is world-leading (almost). According to the Global Health Security Index… Read more
Is the country really poorer?
I happened to bump in to George Osborne on a radio programme and there he was opining that “Coronavirus has made the country poorer”. It may well be that some people in it are now poorer, simply because they are getting 80% of their wages or maybe they’ve lost their job and are eking out… Read more
What is democratic government for?
I thought that the Tax Research idea of a National Wealth Service was inspired. I commented and said exactly that. A ‘National Wealth Service’ sums up both how we pay for it and where it comes from. (I was inspired enough to suggest that the ‘National Wealth Service’ might even be the slogan for the… Read more
Forgive us our debts…
The extract below is from Fran Boait, Executive Director of Positive Money. I also should mention that she is the unfortunately defeated Labour candidate for Gloucester. We thus have no person in Parliament as far as I can tell, who thinks about money in terms other than ‘can we afford it’? Some would argue that… Read more
Support Progressive Pulse
Share ideas for a progressive world
