@RichardJMurphy@mas.to
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RichardJMurphy

@RichardJMurphy@mas.to

Economic justice campaigner. Professor of Accounting Practice, Sheffield University. Chartered accountant. Political economist. Co-founder, the Green New Deal. Also blogging at www.taxresearch.org.uk . I post on economics, politics, tax and climate change (and even accounting) because they make big differences to our lives. My bias is to the left but I am not party aligned. All views my own, not my employer’s.

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Do financial markets really think interest rates are going to rise by much? The evidence suggests not. https://www.taxresearch.org.uk/Blog/2023/05/31/do-financial-markets-really-think-interest-rates-are-going-to-rise-by-much-the-evidence-suggests-not/ Interest rates in financial markets are falling from last week’s highs. Have markets realised that the case for much higher interest rates does not really exist?

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The failure of the mainstream body politic https://www.taxresearch.org.uk/Blog/2023/05/30/the-failure-of-the-mainstream-body-politic/
The six lies that underpin UK politics at present:

  • Covid is over
  • Brexit is done and dusted
  • Neoliberalism works
  • Inequality is no big deal
  • Sustainability can wait
  • We are one nation
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The Bank of England sold £24.8 billion of bonds in the first three months of this year just to force up interest rates https://www.taxresearch.org.uk/Blog/2023/05/27/the-bak-of-england-sold-24-8-billion-of-bonds-in-the-first-three-months-of-this-year-just-to-force-up-interest-rates/

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Pension reform should be all about improving the flow of funds to the government, not companies https://www.taxresearch.org.uk/Blog/2023/05/26/pension-reform-should-be-all-about-improving-the-flow-of-funds-to-the-government-not-companies/

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The issue around Johnson’s partying is not about his guilt. It is about whether democracy will be upheld. https://www.taxresearch.org.uk/Blog/2023/05/25/the-issue-around-johnsons-partying-is-not-about-his-guilt-it-is-about-whether-democracy-will-be-upheld/

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Food prices are falling dramatically on world markets. Why then is UK food price inflation running at 19%? https://www.taxresearch.org.uk/Blog/2023/05/24/food-prices-are-falling-dramatically-on-world-markets-why-then-is-uk-food-price-inflation-running-at-19/

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If there is no future for cheap flights why are people investing in airlines that are bound to fail in the future? https://www.taxresearch.org.uk/Blog/2023/05/23/if-there-is-no-future-fr-cheap-flights-why-are-people-investing-in-airlines-that-are-bound-to-go-fail-in-the-future/

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The longer those on the right of the Tories make clear what they really think, the more people are going to appreciate just how much these Tories dislike them. And people don't vote for people who dislike them. https://www.taxresearch.org.uk/Blog/2023/05/21/you-do-not-have-to-hate-this-country-to-be-a-tory-now-but-it-most-certainly-helps/

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What do young people need to know about money? https://www.taxresearch.org.uk/Blog/2023/05/20/what-do-young-people-need-to-know-about-money/. What do young people need to know about money that we don’t teach them, ignoring all the crap that the financial services industry would like to fill their heads with and instead concentrating on real world issues?

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Starmer has changed his mind on almost everything. Now he needs to add PR to that list. https://www.taxresearch.org.uk/Blog/2023/05/14/starmer-has-changed-his-mind-on-almost-everything-now-he-needs-to-add-pr-to-that-list/

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The government’s treatment of refugees makes international criminals of them all, in my opinion https://www.taxresearch.org.uk/Blog/2023/05/12/the-governments-treatment-of-refugees-makes-international-criminals-of-them-all-in-my-opinion/

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Why doesn’t Google’s new Bard AI service know what a Dutch Sandwich is? https://www.taxresearch.org.uk/Blog/2023/05/11/why-doesnt-googles-new-bard-ai-service-know-what-a-dutch-sandwich-is/. Weirdly, Google’s new AI service couldn’t tell me about a tax planning technique Google used, but ChatGPT could. Why is that?

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It’s time the king gave up his royal exemptions from UK law https://www.taxresearch.org.uk/Blog/2023/05/10/its-time-the-king-gave-up-his-royal-exemptions-from-uk-law/. Clive Lewis MP has been doing good work on the 160 or so royal exemptions from UK law, from tax onwards, and has a petition out asking the king to give these up. Might you support his cause?

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