Why the ‘Magic Money Tree’ Matters

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 On BBC Question Time, the Prime Minsiter, Theresa May told a young nurse who hasn’t had a pay rise in eight years and is trying to earn a living that there was no more money, and that there isn’t a … Continue reading

EVERYTHING YOU EVER WANTED TO KNOW ABOUT HOW OUR MONEY SYSTEM WORKS BUT WERE AFRAID TO ASK

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EVERYTHING YOU EVER WANTED TO KNOW ABOUT HOW OUR MONEY SYSTEM WORKS BUT WERE AFRAID TO ASK by Prue Plumridge At a time of great political and economic uncertainty you may be scratching your head and asking what on earth … Continue reading

Pensions: Thatcher’s vision is coming to fruition

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Society is indeed a contract. It is a partnership…. not only between those who are living, but between those who are living, those who are dead, and those who are to be born”  Edmund Burke, Reflections on the Revolution in France 1790 Pensions: Thatcher’s … Continue reading

Margaret Thatcher’s Biscuit Tin – and Austerity

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This gallery contains 8 photos.

Margaret Thatcher’s Biscuit Tin and the Austerity Scare From Pam Field and Syzygysue The Austerity Scare is the greatest myth, by which the rich have deprived others of their basic needs of survival (Maslow), by some argument that those are unaffordable. … Continue reading

Why do politicians tell us Debt/Deficit myths which they must know to be untrue?

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The New Economic Perspectives’ video clip on the Government budget, Deficits and Debt presented below (produced for educational purposes), debunks the myths that politicians tell their populations to justify ‘austerity’.  In the case of the clip, it starts with 3 … Continue reading

Warren Mosler and Soft Economics

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Warren Mosler‘s Soft Economics Extracts from:  Warren Mosler’s Soft Economics paper “In the midst of great abundance our leaders promote privation. We are told that national health care is unaffordable, while hospital beds are empty. We are told that we cannot … Continue reading

The Modern Economics (MMT) – Warren Mosler

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Warren Mosler on Modern Monetary Theory    This video shows Warren Mosler being interviewed by Marshall Auerback on Modern Monetary Theory. MMT is the alternative to what we usually hear in the mainstream media. Warren discusses the government’s role as … Continue reading