#61 Richard Murphy: The Treasury Is Choosing Death

Patricia and Christian talk to Professor Richard Murphy about monetary operations, tax justice, and the UK government’s standoff with the NHS regarding finances.

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Richard’s articles:

Some basic lessons for the Governor of the Bank of England, who seems to be in dire need of them: https://www.taxresearch.org.uk/Blog/2020/06/23/some-basic-lessons-for-the-governor-of-the-bank-of-england-who-seems-to-be-in-dire-need-of-them/

At long last the government can borrow straight from the Bank of England – as modern monetary theory has always suggested it should: https://www.taxresearch.org.uk/Blog/2020/03/23/at-long-last-the-government-can-borrow-straight-from-the-bank-of-england-as-modern-monetary-theory-has-always-suggested-it-should/

Modern monetary theory says that the state has the ability to create and maintain the value in money and most left of centre economists appear to be repulsed by that: https://www.taxresearch.org.uk/Blog/2020/06/14/modern-monetary-theory-says-that-the-state-has-the-ability-to-create-and-maintain-the-value-in-money-and-most-left-of-centre-economists-appear-to-be-repulsed-by-that/

Randy Wray on modern monetary theory and tax:

https://www.taxresearch.org.uk/Blog/2019/10/15/randy-wray-on-modern-monetary-theory-and-tax/

From modern monetary theory to modern taxation theory: a debate to be had:

https://www.taxresearch.org.uk/Blog/2019/10/07/from-modern-monetary-theory-to-modern-taxation-theory-a-debate-to-be-had/

Richard’s youtube channel: 

https://www.youtube.com/channel/UCGlMOIZ1A3zluwLXTGpzZfw

Our Job Guarantee / Transition Job episodes:

Ep 4 (with Fadhel Kaboub): https://pileusmmt.libsyn.com/what-is-the-job-guarantee

Ep 47 (with Pavlina Tcherneva): https://www.patreon.com/posts/36034543

Transcript of opening monologue:

 https://www.patreon.com/posts/39766883