Funding the Future

Funding the Future

Richard Murphy and occasional friends talking about everything you need to know to understand the economy, tax, finance and how we fund our future.

Episodes

June 26, 2025 7 mins

Stablecoins are promoted as financial innovation, but are the real winners those avoiding oversight, whether as tax dodgers, money launderers, or crypto speculators? 

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Keir Starmer is facing rebellion from more than 120 Labour MPs over benefit cuts that target the UK’s most vulnerable. Could this be the beginning of the end for his leadership? 

 

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June 25, 2025 8 mins

From addictive foods to lifetime drugs, corporations are profiting from your ill-health, and the NHS is left to foot the bill. This is how neoliberalism is eating the state from within.

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June 24, 2025 9 mins

The US bombing of Iran could have massive consequences. Oil prices are rising. Stock markets are ignoring risk. And the Bank of England may react in all the wrong ways. This could spiral into inflation, recession, and even a political crisis.

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June 23, 2025 8 mins

Is there a path to peace in the Middle East? In this video, I unpack the issues and suggest that current leadership is failing. 

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June 22, 2025 7 mins

Forget the myths. In this video I set the record straight on MMT: what it is, how it works, and what it doesn’t claim to do. If you’ve ever wondered how modern monetary theory could change things, this is your explainer.

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June 21, 2025 6 mins

Tired of Labour and the Tories? You’re not alone. Could a coalition of Greens, Lib Dems, SNP and others reshape UK politics by 2029? Watch and cast your vote in our poll.

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June 20, 2025 1 min

Keir Starmer promised transformation—and delivered disappointment. I  argue that Starmer is not just failing, but failing in a way that makes him worse than his Tory predecessors. 

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June 20, 2025 6 mins

GDP is not national income. It’s not well-being. And it’s not the future. Richard Murphy explains why this outdated measure is holding back better policy — and what could replace it.

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June 19, 2025 7 mins

After a year of challenging the political status quo, it’s time for something new. In this video, I explain how this channel is evolving — more content, more community, and new ways to get involved. Let us know what you think.

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June 18, 2025 8 mins
Crypto is not money. It’s not secure. It’s not stable. It’s just speculation wrapped in dogma — and a huge risk to society.  
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June 17, 2025 11 mins

The mixed economy isn’t flashy, but it works. In a world of market failure, it’s time to rebuild the balance between state and private enterprise.

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June 16, 2025 10 mins

Economics, as it is now taught, is almost total rubbish. No wonder the world is in a mess when political decisions are based on this nonsense.

 
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June 15, 2025 8 mins

Economists assume that we don't need to make decisions, because since we are possessed of perfect knowledge, knowing what to do is innate to us. But that's nonsense. So, how do we decide what to do?

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June 14, 2025 13 mins

Tax havens - or secrecy jurisdictions - are an abomination on the global economic landscape that should have been consigned to history long ago. 

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June 13, 2025 6 mins

People still like to talk about having 'money in the bank'. But they haven't. They just have a bank statement from a bank, with a balance owing to them, which represents an IOU, and nothing more. That might be the hardest lesson in economics to learn. 

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June 12, 2025 9 mins

The assumption that all economic growth is good is clearly misplaced. But how do we convince politicians and economists who are obsessed with growth that this is the case?

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June 11, 2025 10 mins
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June 11, 2025 5 mins

Rachel Reeves' record as Chancellor has not been good. Today provides her with another opportunity to get everything wrong.

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June 10, 2025 4 mins

The wealthy say they are terrified of the national debt, but they aren't really. It only exists because they don't pay enough tax, and they'd hate that even more. 

 

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