Archive

Month: August 2019

Persistent debt confusion

“The Office of National Statistics recently released the public debt numbers for the second quarter of this year. As I show in my forthcoming book, Debt Delusion, the media and politicians misrepresent few public policy issues as frequently as they do the public debt. The misrepresentations begin with the basics, failure to treat the debt as an asset as well as a liability.”

The case for a National Investment Bank

“The United Kingdom is an outlier amongst developed and emerging economies, especially the most successful ones, in not having a national development bank.”

Five tax policies for a progressive government

“Any incoming progressive government will face massive social challenges. Leaving aside green issues, the biggest of these will be the income and wealth inequality that is crippling our society and leaving many in poverty.”

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