So, we all use Money …but what is Money?
So, What is Money? Money is Debt! Personal debt is at its highest level in history – an average of £54,000 per family We currently pay £192 million in interest to the banks every single day Almost...
View ArticleHas Austerity led to a Recovery? (Hint: No)
Did austerity lead to recovery? No, GDP was increased by government spending By Michael Burke First posted on Socialist Economic Bulletin 9th September 2013 The government and its supporters have been...
View Article‘The World is a Business’
George Osborne was only 5y old when the film ‘Network’ (1976) was released but he evidently subscribes to its philosophy of ‘The world is a business’. There is no democracy. There is only IBM and ITT...
View ArticleWhy do politicians tell us Debt/Deficit myths which they must know to be untrue?
The New Economic Perspectives’ video clip on the Government budget, Deficits and Debt presented below (produced for educational purposes), debunks the myths that politicians tell their populations to...
View ArticleBoris Johnson and ‘Survival of the Fittest’
The Manners and Morals of High Capitalism The only two things that were actually surprising about Boris Johnson’s Centre of Policy Research speech were: i) That anyone should think that Boris’ avowal...
View ArticleWhy the deficit myth is a useful deception
Why the deficit myth is a useful deception It is often difficult to understand the economic-speak into which so many expert-explanations seem to lapse. I imagine that I am not alone so I will share a...
View ArticleDear Mr Miliband…
Thanks to Alderman Michael Poulter MBE for permission to reprint From: Alderman Michael Poulter MBE 8th January 2014 Mr Ed Miliband MP, Leader of the Opposition, House of Commons. London SW1AOAA Dear...
View ArticleAntidote to Osborne’s fairytale economics
Panel of leading economists discuss and debate the true state of the economy and the lies underpinning the Government’s austerity programme. The panel includes: Owen Jones, Journalist James Meadway,...
View ArticleFirst Conservative Budget in 18 years declares War on The Young and The Poor
The first Conservative Budget in 18 Years declares war on the Young and the Poor From Alex Little: @alittleecon First Published here The most eye-catching announcement in today’s Budget perhaps was...
View ArticleWas Panorama’s Presenter right about Corbynomics?
Panorama’s presenter, John Ware’s negative opinions were hardly hidden in ‘Jeremy Corbyn: Labour’s Earthquake’. For example, he started by sneering that a Corbyn Town Hall meeting had all the fervour...
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