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Ragging on Ritchie


Not Learning The Lesson Of The Weimar Inflation

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The Sage of Ely tells us that tripling and more the money supply won't lead to inflation: One such myth that appears quite commonplace at...

People Who Followed Richard Murphy’s Advice Are Gonna Get Screwed – Cool, Eh?

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Back in the day Richard Murphy used to write a little column for The Observer. In at least one of which he suggested that...

The Coronavirus Solution – Nationalise 25.1% Of The Private Economy

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This would actually be a fairly cute manner of enforcing political control of the private sector economy if it was actually meant as written....

Seriously Stupid Coronavirus Policy Suggestions

The Sage of Ely has decided to favour us with his ideas about how to entirely screw up the global economy in these times...

The Bank Of England Must Sell The Quantitative Easing Bonds – Now!

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This is the message from the leading financial, economic and social commentator of our day, the Sage of Ely. That the Bank of England...

Richard Murphy’s Coronavirus Prediction

Richard Murphy - formerly Senior Lecturer at Islington Technical College - tells us that the British economy will suffer from the coronavirus to the...

Here’s The Proof, The Minimum Wage Kills Jobs

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Professor of Practice in International Political Economy, Richard Murphy of City University - usually known around here as the Senior Lecturer (for that was...

An Interesting Problem With Pensions And A National Investment Bank

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There is, in economics, something called "crowding out". This is where some group or other, some entity, enjoys privilege in some form. When playing...

Sustainable Cost Accounting

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Richard Murphy is musing upon his idea of sustainable cost accounting again. In which he makes one of those usual errors - simply not...

The Incredible Perceptiveness Of Richard Murphy

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Now of course we all expect The Guardian to get economics wrong. As with everything else - The Guardian, wrong about everything. Always. But...