Richard Murphy

Due to popular demand, we are making some changes to the blog. These have had to fit around the agendas that Andy Moyle and I both have at present, and

Two of the terms least understood in economics are fiscal policy and monetary policy. This deals with one of them.

From The Guardian this morning, as if it is good news: Thames Water might last a year. The need of the people in the area it serves for water will last in perpetuity.

As the FT reported last night: Why did they say that? Because there has been a massive lobby against Ed Miliband getting this job, and he is now expected to be Foreign Secretary instead.

For more than a century, one economic idea has shaped British government policy more than almost any other: The Treasury View

THE RICHARD J MURPHY YOUTUBE CHANNEL DEBATE AMMUNITION The Treasury View: Why the Crowding Out Doctrine Is Wrong

After yesterday's infographic on fiscal policy , it seemed right to do one on monetary policy: And a question.

The FT reported last night that: Increasing VAT would be the UK government's best option to raise revenue fast if the public finances veered off course, the OECD said on Wednesday.

The Guardian has reported this morning that: Andy Burnham has signalled that he will not increase wealth taxes immediately after becoming

I do apologise if moderation is a little slow today. I am heading to Addenbrooke's Hospital soon for the second round of my treatment for a renal stone.