On tax avoidance and the purpose of taxation

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On Tax Avoidance and the Purpose of Taxation From @alittleecon Previously published here: A large section of the public get very worked up (rightly) about tax avoidance. Huge companies like Google or Vodafone seem to be getting away with paying … Continue reading

The UK is not broke and doesn’t need to borrow to reverse the cuts.

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The UK is not broke and doesn’t need to borrow to reverse the cuts. The video clip explains this simple truth about the US economy, but it is also true for the UK and all other countries that issue their … Continue reading

The big lie – Governments cannot run out of money!

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Stephanie Kelton on Modern Monetary Theory’s Goals for Full Employment and Government Deficits Published on Dec 11, 2012 http://www.facebook.com/CapitalAccount Hat-tip @alittleecon Stephanie Kelton explains MMT and how everything we are told about the need for cuts and austerity because of a lack … Continue reading

Essentials for Opponents of Austerity

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Must Reads for Opponents of Austerity  by alittleecon also published here  Economics can seem a bit impenetrable to the lay person. Partly, it seems to me, this is deliberate on the part of economists to complicate the field – baffle with bullshit you might say. … Continue reading

The Work Programme. Is this the best that we can do?

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First posted on September 26, 2012 at alittleecon The Work Programme. Is this the best we can do?  by alittleecon “…we’re overturning the convention of recent times: the idea that it’s governments that create jobs. No, they don’t – businesses do.” David Cameron writing in … Continue reading