@richardjmurphy.bsky.social
Economic justice campaigner. Professor of Accounting Practice, Sheffield University. Former chartered accountant. Political economist. Opinions all my own.
@richardjmurphy.bsky.socialGuy Standing: Why we all deserve a social dividend. In my latest podcast, I talk to Guy about the precariat, universal basic income, the rentier economy and the need to reclaim the commons. This is a very different view of the world. youtu.be/2CX2wlTWFDk?...
@richardjmurphy.bsky.socialDonald Trump's deal with Russia to secure diesel shows that the moment of desperation in the international economy is approaching very fast. We're edging toward meltdown, and our politicians are still ignoring that fact.
www.taxresearch.org.uk/Blog/2026/10...
@richardjmurphy.bsky.socialUnderstanding Economics: What is inflation? You would think we'd know by now, and that the Bank of England would know how to manage it. Unfortunately, they don't, and we pay an enormous price for that. youtu.be/dHeC4HsD3rA?...
@richardjmurphy.bsky.socialThe great challenge this country will face soon is deciding who runs it and for whom. Is it run by central banks for financial markets, or by elected governments for people? That is the question. Resolving it may be ugly, but it will have to happen. www.taxresearch.org.uk/Blog/2026/10...
@richardjmurphy.bsky.socialWhen will politicians turn to MMT? The answer is: in a time of crisis when it is apparent that neoliberalism has failed. And when will that be? Quite soon, on the basis of current progress. youtu.be/0S5Ad4WpCCE?...
@richardjmurphy.bsky.socialNeoliberalism is failing, but what is it? This is a new version of our infographic on neoliberalism. AI drew the image. I wrote the text.
@richardjmurphy.bsky.socialIs France signalling the end of neoliberalism? As a matter of fact, people will only stand for abuse from a financial system designed to oppress them for so long. France and maybe Spain seem to be indicating they've had enough. youtu.be/CpRl1ajsj-k?...
@richardjmurphy.bsky.socialIs France jettisoning neoliberalism? www.taxresearch.org.uk/Blog/2026/10...
@richardjmurphy.bsky.socialWhy are the Tories talking about inheritance tax? The economy is riddled with real problems that need attention, but the Tories are talking about their goal of widening the wealth divide. Why? youtu.be/R27sj9UZj3w?...
@richardjmurphy.bsky.socialWhy are the Tories obsessed with inheritance tax? www.taxresearch.org.uk/Blog/2026/10...
@richardjmurphy.bsky.socialKemi Badenoch’s 'The Right Way' is the wrong way. By looking at what Badenoch does not say in her new description of what it is to be a Conservative, I show that this is a charter for abuse that is riddled with arrogant inconsistencies. youtu.be/AB7Nid-tTFA?...
@richardjmurphy.bsky.socialWhat angered me most about Andy Burnham’s conference speech
www.thenational.scot/politics/266...
@richardjmurphy.bsky.socialTax does not pay for government spending. So what is it for? Instead, it controls inflation and shapes our society, and understanding that could transform how we manage our economy.
youtu.be/BTqN9V58ugw?...
@richardjmurphy.bsky.socialHow to change the world: what 24 years of campaigning taught us youtu.be/_z_szI9vEsk?...
@richardjmurphy.bsky.socialWhat is money, really? The hardest question in economics needs an answer. That's what this morning's video is all about.
youtu.be/Rs5fIopDHI8?...
@richardjmurphy.bsky.socialIs Burnham’s government planning a crime against society? www.taxresearch.org.uk/Blog/2026/10...
@richardjmurphy.bsky.socialWhat if fiscal headroom doesn't exist? youtu.be/Xp-pnyJU_n4?... In the run-up to the Budget, there is going to be a lot of talk about fiscal headroom, but the reality is that this is just a figment of a Chancellor's imagination, just as fiscal rules are.
@richardjmurphy.bsky.socialHow the AI boom could make you poorer youtu.be/7nDJ23DK_Eo?... You may not use AI, but it's going to cost you dearly, from increasing the price of your mortgage or rent to hiking the price of electricity. AI will not be coming cheap.
@richardjmurphy.bsky.socialDoes Andy Burnham have no idea what to do? www.taxresearch.org.uk/Blog/2026/09... Why is Andy Burnham only offering action after the next election, which he knows he will lose? Is it because he does not actually know what to do?
@richardjmurphy.bsky.socialThe UK doesn't need an IMF bailout youtu.be/ZDbZgBiMp_8?... The Financial Times and others are asking if the UK might need to turn to the IMF for a loan - which is absurd, because nothing could be further from the truth.