After yesterday's infographic, this seemed the next obvious one to write. I used AI tools when writing this post, including a spell checker. I also used 50 years of experience writing about these issues. The drawing was the smallest part of all that, and I had no budget to do it any other way.
Richard Murphy
@richardjmurphy.bsky.social
Economic justice campaigner. Professor of Accounting Practice, Sheffield University. Former chartered accountant. Political economist. Opinions all my own.
Burnham wants to give English councils more financial power, but can they do the required accounting? And are there auditors to check? That's unproven, as yet. Burnham needs to address those issues before handing over money. youtu.be/la8UA6cCUrc?...
Burnham wants to give English councils more financial power, but can they do the accounting?
YouTube video by Richard J Murphy
youtu.be
Much of what is said about economics is little better than gaslighting.... I used AI tools when writing this post, including a spell checker. I also used 50 years of experience writing about these issues. The drawing was the smallest part of all that, and I had no budget to do it any other way.
Our democracy is not representative, relevant or realistic. Can it survive that? www.taxresearch.org.uk/Blog/2026/08...
Our democracy is not representative, relevant or realistic. Can it survive that?
I spent quite a lot of time yesterday wondering what it would take to really transform the current UK political agenda. The antics of those few politicians who appear to be still at work in the UK col...
taxresearch.org.uk
Traditional economics says governments are limited by money. Trump's war suggests otherwise. The problem isn't dollars. It's missiles, factories, skilled workers & supply chains. Money can organise resources. It cannot create them. Prof Richard Murphy explains
Traditional economics is wrong: Donald Trump has proved it
Conventional economics says that governments can only do what they can pay for. Trump’s war proves its not true
eastangliabylines.co.uk
Will climate change make your home uninsurable? youtu.be/NTwNuoQ6Ss0?... The risk is real, and the government scheme on this is inadequate. So what will happen to houses threatened by fire, flood and more?
I did an infographic on Marx recently. This seems like the appropriate follow-up. In one way or another, I used AI in creating this post. I also used a word processor, my brain, thinking time, coffee, discussion, and about 50 years of reading.
There is no news from a government that’s in office but on holiday during a crisis www.taxresearch.org.uk/Blog/2026/08... Where is Burnham's government as the climate crisis hits home?
There is no news from a government that’s in office but on holiday during a crisis
It is August, and it is not true to say there is no news, but there is certainly less of it bering rwported. Donald Trump claims that his war is on hold at present, although no one should be taken in....
taxresearch.org.uk
There is no news from a government that’s in office but on holiday during a crisis www.taxresearch.org.uk/Blog/2026/08... Where is Burnham's government as the climate crisis hits home?
There is no news from a government that’s in office but on holiday during a crisis
It is August, and it is not true to say there is no news, but there is certainly less of it bering rwported. Donald Trump claims that his war is on hold at present, although no one should be taken in....
taxresearch.org.uk
Andy Burnham’s social care plan protects wealth, not those in need youtu.be/_bEyVo6-alM?... Why is Andy Burnham presuming that younger people with some of the highest overall tax rates should pay to protect those with wealth? This issue needs to be named - or he'll embed injustice.
Andy Burnham’s social care plan protects wealth, not those in need
YouTube video by Richard J Murphy
youtu.be
You're not powerless; it's up to all of us to change the world a little bit youtu.be/RdzbHjJ7Z0w?... Feeling angry, frustrated and alienated is reasonable right now. What is going on around us should make us feel like that. But we can do things to change the world.
You're not powerless; it's up to all of us to change the world a little bit
YouTube video by Richard J Murphy
youtu.be
Tax havens: what really happens behind closed doors? youtu.be/uh2ZUcYOovg?... The whistleblowers' view on the tax haven world paints a very different picture from the one they would like to project.
Tax havens: what really happens behind closed doors?
YouTube video by Richard J Murphy
youtu.be
Why young people are losing faith in our economy youtu.be/kAPAcIBwK1w?... Have the young had enough? Is the bottom rising? Are they ready to demand change?
Why young people are losing faith in our economy
YouTube video by Richard J Murphy
youtu.be
Andy Burnham is asking the wrong question about social care youtu.be/CsW6cBnXMco?... Suppose the issue isn't budgets at all, but why we are so sick for so long before we die? Shouldn't we be looking at causes, not consequences, when solving the social care problem?
Andy Burnham is asking the wrong question about social care
YouTube video by Richard J Murphy
youtu.be
Why governments keep failing youtu.be/F3mcah3KPno?... Why have we failed to tackle climate change and so much else when we knew what had to be done? Could it be that vested interests are comfortable with the way things are, despite the consequences for most people and the planet?
Why governments keep failing
YouTube video by Richard J Murphy
youtu.be
Trump’s war proves what really limits governments youtu.be/zV0srvwdsqI?... Trump's just discovered it's not the availability of money that limits government - it's the availability of real resources that does that, just as MMT says.
Trump’s war proves what really limits governments
YouTube video by Richard J Murphy
youtu.be
Why must Labour comply with fiscal rules when they are nothing of the sort? www.thenational.scot/politics/264... Me in the @scotnational.bsky.social today.
Why must Labour comply with fiscal rules when they are nothing of the sort?
ANDY Burnham said it in his first comments to his Cabinet. John Healey, the new Chancellor of the Exchequer, said it in his first presentation to…
thenational.scot
How the Bank of England deliberately creates unemployment in the UK youtu.be/2lmF9rAEgYU?... Why do we let it very deliberately do that in the name of so-called monetary policy, which is profoundly anti-social as they deliver it?
How the Bank of England deliberately creates unemployment in the UK
YouTube video by Richard J Murphy
youtu.be
Will oil at $100 a barrel create a crisis for the UK? youtu.be/D4UQ7k6T6k4?... Yes, in a word. And we're not ready for it. And nor is Andy Burnham.
Will oil at $100 a barrel create a crisis for the UK?
YouTube video by Richard J Murphy
youtu.be
Can Andy Burnham think big enough to succeed as prime minister? youtu.be/hqRUbWPiOTk?... Burnham has a problem: he thinks like a mayor. He's already just fiddling within the rules when what we need is someone who is going to change them.
Can Andy Burnham think big enough to succeed as prime minister?
YouTube video by Richard J Murphy
youtu.be
The stock market crash coming our way could wipe 50% off share prices youtu.be/tpLQftkr99o?... The AI bubble is bursting from the bottom up. The proverbial will hit the fan. The only questions are when and how our government will react.
The stock market crash coming our way could wipe 50% off share prices
YouTube video by Richard J Murphy
youtu.be
My View On … Work www.taxresearch.org.uk/Blog/2026/07... Some in-depth thinking.
My View On … Work
The Richard J Murphy YouTube Channel And My View on … Work Richard J Murphy _____________________ This post is part of an ongoing series in which I set out my views on significant issues in economi...
taxresearch.org.uk
ohn Healey's first speech gets economics wrong youtu.be/cAfh3cKxf2E?... If you are seriously confused about your job spec and think it was written by George Osborne, how can you succeed?
John Healey's first speech gets economics wrong
YouTube video by Richard J Murphy
youtu.be