Richard Murphy

Who wins from this war? The FT has an article this morning that notes: US oil companies stand to receive a windfall of more than $60bn this year if crude prices maintain the levels they have hit since the start of the Iran w...

Who wins from this war? www.taxresearch.org.uk/Blog/2026/03...

A passport tax would solve the problem of tax refugees The Guardian posted this comment yesterday: Wealthy UK nationals fleeing war in the Gulf are seeking sanctuary in countries such as Ireland and France to avoid hefty tax bills back home. In the f...

A passport tax would solve the problem of tax refugees www.taxresearch.org.uk/Blog/2026/03...

Why “printing money” does not cause inflation YouTube video by Richard J Murphy

Why “printing money” does not cause inflation youtube.com/shorts/JgxSG...

Stock market crashes don't destroy money, and here is why YouTube video by Richard J Murphy

Stock market crashes don't destroy money, and here is why youtu.be/wzQGAX5FDFI?...

The government does not need to borrow its own money YouTube video by Richard J Murphy

The government does not need to borrow its own money youtube.com/shorts/Srnvv...

War is exposing the UK's fragility. Why are we in a mess? YouTube video by Richard J Murphy

War is exposing the UK's fragility. Why are we in a mess? youtu.be/Aaj0EmM8tzE?...

I am tired of war YouTube video by Richard J Murphy

I am tired of war youtu.be/nXUsL6cI5Js?...

Why raising interest rates will make this crisis worse YouTube video by Richard J Murphy

Why raising interest rates will make this crisis worse youtu.be/vOxBR_LlKno?...

Will the UK Government Protect You from War Inflation? YouTube video by Richard J Murphy

Will the UK Government Protect You from War Inflation? youtu.be/mdOFil84XrQ?...

Government Spending Doesn't Waste Money—It Creates It YouTube video by Richard J Murphy

Government Spending Doesn't Waste Money—It Creates It youtu.be/CupapOCZt_8?...

The national debt need never be paid off YouTube video by Richard J Murphy

The national debt need never be paid off youtube.com/shorts/q7nl5...

Fear stops people speaking out — and that has to change YouTube video by Richard J Murphy

Fear stops people speaking out — and that has to change youtu.be/IH8nLBSvHd4?...

For those who have forgotten the past 40 years:

Tax cuts for the rich
...don’t trickle down

Boosting military spending
...doesn’t bring peace

Slashing regulations
...doesn’t create jobs

Folks, we’ve seen this all before.

Why this Middle East conflict could last decades YouTube video by Richard J Murphy

Why this Middle East conflict could last decades youtu.be/oFyQ0O8dhQ0?...

The coming crisis This was posted by Steven Swinford of The Times this morning: The coming economic crisis from this war looks like it will be bigger and last longer than I feared. The ramifications of Trump and Ne...

The coming crisis www.taxresearch.org.uk/Blog/2026/03...

Market meltdown? The world financial crisis as a result of war is coming ever closer. This looks to be the sign of that:   If BlackRockia auffwerinf cash flow cionstraints there are signs of: Market panic A f...

Market meltdown? www.taxresearch.org.uk/Blog/2026/03...

How long can Trump keep this going? This data comes from the really useful US-based Strength in Numbers Substack. It shows all opinion poll results in the USA in the last week on the issue of support for Trump's war on Iran: Look at ...

How long can Trump keep this going? www.taxresearch.org.uk/Blog/2026/03...

Rarely have we ever marched into the unknown so ill-equipped to manage the consequences There has been something strange taking place on Sky News over the last day or so. A succession of retired former generals and security chiefs, including a British former deputy chief of NATO and the ...

Rarely have we ever marched into the unknown so ill-equipped to manage the consequences www.taxresearch.org.uk/Blog/2026/03...

Why war and oil prices are no reason to raise interest rates YouTube video by Richard J Murphy

Why war and oil prices are no reason to raise interest rates youtu.be/jn3aoRTJ5pg?...

People say Farage has charisma. This isn’t charismatic. This is dismissive and rude. It’s a serious question about BNP-style racism within his party. And Farage can’t cope with that kind of scrutiny. So he lashes out.
Under the spotlight, his ‘charisma’ turns very sour indeed.

The roundabout test for economics YouTube video by Richard J Murphy

The roundabout test for economics youtube.com/shorts/08nxY...

Billionaires won’t leave if we tax them – and even if they do, so what? YouTube video by Richard J Murphy

Billionaires won’t leave if we tax them – and even if they do, so what? We might well be better off. youtu.be/XW0TQjabXNA?...

The insanity of war Everyone knows there was no legal justification for the war on Iran now being waged by Israel with active support from the US, and quiet support from the UK. There was no threat to the US that could ...

The insanity of war www.taxresearch.org.uk/Blog/2026/03... Yesterday was a day when fantasy met reality. The Office for Budget Responsibility's absurd claims came up hard against the reality of Zionist-inspired aggression and lost heavily. We will all pay a very heavy price for this war.

Economics From Adam Smith to 2029: A Complete Rethink YouTube video by Richard J Murphy

Economics From Adam Smith to 2029: A Complete Rethink youtu.be/u7cx32Fmvrk?... My presentation from our live event in Cambridge, last Saturday.

Britain is broken – and our politics can’t fix it YouTube video by Richard J Murphy

Britain is broken – and our politics can’t fix it youtube.com/shorts/2TvCI...

Is this war all about the dollar? As the FT has noted: Regime change, a campaign to stop Tehran’s ballistic missile programme, help for protesters and retribution for the deaths of American soldiers. Donald Trump has cited several rea...

Is this war all about the dollar? www.taxresearch.org.uk/Blog/2026/03...

Everything in Rachel Reeves’ Spring Statement today will be wrong – here’s why YouTube video by Richard J Murphy

Everything in Rachel Reeves’ Spring Statement today will be wrong – and here's why youtu.be/F6a-K6nVIt0?...

Are we all modern monetary theorists when the chips are down? I noted this in an email last night. You can see the source: A number of thoughts follow. First, who is questioning the value of government now? Second, who is asking where the money is coming fr...

Are we all modern monetary theorists when the chips are down? www.taxresearch.org.uk/Blog/2026/03...

Everything You've Been Told About Tax Is Wrong YouTube video by Richard J Murphy

Everything You've Been Told About Tax Is Wrong youtu.be/FlqoKplKNz4?...

Taxes do not pay for spending YouTube video by Richard J Murphy

Taxes do not pay for spending youtube.com/shorts/wpvk0...