Spending chains and Sankey diagrams
A simple Sankey diagram shows clearly the relationship between savings and the deficit; and it explains why the NHS is the great engine driving the UK economy.
A simple Sankey diagram shows clearly the relationship between savings and the deficit; and it explains why the NHS is the great engine driving the UK economy.
A series of graphics showing the simple truths contained within Modern Monetary Theory.
An exposition of Modern Monetary Theory from a perspective that most people will never have encountered.
Taking money away from corporations can be counterproductive. Ideally, we should not tax corporations at all.
There’s a wee bit of a problem with the idea that we can pay for better public services by taxing the rich more.
Start here if you are looking for an introduction to Modern Monetary Theory.