Media Summary: Bob points out the numerous fallacies in a recent video arguing government debt is simply national savings. Arthur Laffer's “curve” is one of the most destructive ideas in modern economics. Sketched on a napkin in the 1970s, it claimed ... Most people think tax pays for government spending. It doesn't. In a modern monetary economy, governments that issue their own ...
Why Richard Murphy Is Wrong - Detailed Analysis & Overview
Bob points out the numerous fallacies in a recent video arguing government debt is simply national savings. Arthur Laffer's “curve” is one of the most destructive ideas in modern economics. Sketched on a napkin in the 1970s, it claimed ... Most people think tax pays for government spending. It doesn't. In a modern monetary economy, governments that issue their own ... Why does neoliberalism survive when so many of its promises have failed? In this video, I suggest that the answer has nothing to ... Donald Trump calls himself the ultimate dealmaker. The record says otherwise. His breakthrough deal to reopen the Strait of ... What is fiscal policy, and why does it matter? Fiscal policy is one of the government's most powerful economic tools, yet it is also ...
A huge interest in a at the moment. William Thomson interviewed Rachel Reeves will present the Spring Statement as if she's delivering stability. The Office for Budget Responsibility will offer ... In 2023, the BBC admitted that comparing government finances to a household budget is “dangerous territory” that can mislead ... Is tax theft? Many people think so — and that belief shapes how we vote, how we treat public services, and how democracy ... In this podcast, I discuss with John Christensen how capitalism and democracy have come apart — and why this was not an ...