The IMF is worried about a low growth future when that’s exactly what we need via @Tana The IMF says it is worried about the world having a low growth, high debt future when in reality we need low growth to manage climate change and high levels of government money creation to fund the services that will be the basis of future prosperity. They’ve got their whole logic wrong.
The Budget and climate change: do they really care?
Funding the Future
The Budget and climate change: do they really care?
Listening to Budget reaction in the media this morning, one would think that the Budget was a disaster not because it did not do enough but because...
 Hundreds of billions of investment is required to manage climate change in this country, much of it by the government. We got £7.8 billion over two years. It's as if they really do not care.
What did not happen in the Budget
Funding the Future
What did not happen in the Budget
These things did not happen in the Budget: Green investment or anything to tackle the effect of climate change A new economic settlement fo...
 It‘s always best to view a Budget in terms of what it does not do, instead of looking at what it does claim to deliver. That way you really understand what the Chancellor thinks is unimportant. Doing so it is very apparent that this Budget was a massive missed opportunity for which we will pay very dearly.
There was not a hint of social or economic justice in this budget
Funding the Future
There was not a hint of social or economic justice in this budget
There are so many Budget summaries available on the web these days and in newspapers that for me to summarise all the budget proposals here makes n...
 Labour claimed those with the broadest shoulders would pay the most for sorting out the economy bit Rachel Reeves has delivered a budget where the exact opposite is the case. This was a budget for the wealthy with those on lowest pay, the young and small businesses paying the highest price.
What am I looking for in the Budget?
Funding the Future
What am I looking for in the Budget?
As I mentioned earlier this week, this is an unusual Budget day for me. I will be at a funeral and will not be able to comment until much later in ...
 I don’t have high hopes for today. These are some of the things I will be looking for.
Trump scares me rigid Trump is a fascist. Of course that scares me. But it scares me even more because I don’t think that Labour will do anything to stop the threat of fascism growing in the UK.
Subcontracting is the curse of the modern economy The UK economy is now a mess built on the foundations of everyone sub-contracting everything they can whenever they think that possible. The result is that we have an economy made up of middlemen, all of them raking off their own bit of profit.
Finding a better song to sing
Funding the Future
Finding a better song to sing
Introduction to this post I thought I should share the following on this blog because I have done so with a number of my colleagues over the las...
 It’s time to move on. The second chapter of my career - as a campaigner and as an academic is, I think, drawing to a close. It’s time to dedicate myself to chapter three.
Neoliberalism rules, even in football
Funding the Future
Neoliberalism rules, even in football
As the FT notes this morning: The UK has dropped a requirement for a new men’s football regulator to consider “foreign and trade policy” whe...
 Apparently footballing authorities think that governments should do everything they demand to make football possible - but that governments do not have any right to regulate foorball as a result. This is neoliberal politics gone mad.
Reeves has fudged the make-believe rules that Chancellors hope we will believe in
Funding the Future
Reeves has fudged the make-believe rules that Chancellors hope we will believe in
As the Guardian reports this morning: Rachel Reeves will announce at the International Monetary Fund a plan to change Britain’s debt rules tha...
 To no-one’s surprise Rachel Reeves has said she is going to change the fiscal rules that supposedly guide her behaviour. No-one should, however, believe a word she says, because there are no fiscal rules. There are, instead, simply Chancellors who make these rules up and want us to believe in them. Don’t be fooled.