#61 Richard Murphy: The Treasury Is Choosing Death
The MMT Podcast with Patricia Pino & Christian Reilly · Patricia Pino, Christian Reilly
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Show Notes
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:
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: