GDP Has It Backwards: Why Importing Stuff Isn't 'Shrinking'
The US economy shrank because it bought more things from abroad? That’s not shrinkage, that’s success measured incorrectly.
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Misreading the Signs: Why High UK Borrowing Doesn't Mean Financial Crash
Debunking the crash narrative: Why fears over UK borrowing levels misunderstand the fundamentals
The Hidden Power of Sovereign Wealth Funds
Sovereign wealth funds let states quietly wield currency power—disguised as prudent investment
Beyond the 'Bonanza': Unseen Dimensions of the De Grauwe/Ji Reserve Policies
A critique of De Grauwe and Ji’s analysis of the UK reserve system, highlighting aspects of the UK’s fiscal framework they have overlooked
The Limits of Taxation
Understanding the Physical and Social Constraints of the Public Sector
Sluggish Economies Need More Spending, Not Less
Stop stalling: why bold public investment, not austerity, is the key to economic recovery
It's a Wonderful Life
George Bailey saves Bedford Falls—again! This blog reimagines the bank run with a deeper dive into the monetary system, as George uses his newfound financial savvy to outwit Mr. Potter, keep the town afloat, and still make it to his honeymoon.
The Tyranny Of The Myths
Uncover the myths holding back our economy and explore a bold vision: jobs for all, zero interest rates, and a system designed to serve the many—not the few
When Does 'Bad' Money Become 'Good' Bonds?
Why is printing money reckless, but issuing bonds prudent? Both rely on government-created money, yet bonds are respected while monetary financing is demonised. Is it logic—or just tradition—driving this narrative?
Euthanise the Bond Market: Why It's Time to End the Reign of the Money Changers
The UK gilt market turmoil exposes the bond market as an outdated relic. Far from enforcing fiscal discipline, it serves no public purpose. It’s time to modernise public finance and end the myth of ‘bond vigilantes’.