Funding the Future

Donald Trump agreed to this plan because he had no choice. He had to back down from the genocide he threatened. But what if this “peace” is nothing more than a pa...

The Enlightenment gave us something extraordina...

Iran will claim moral victory simply by surviving as a functioning state, echoing the Viet Cong's defeat of...

The ideological roots of this agenda lie in neoliberal economics, shaped by Friedrich ...

What if everything you think about money is wrong?  And does  it matter for the UK economy if it is? Most people believe governments must tax or borrow before they can spend. That belief shapes every political debate, every austerity programme, and every argument that public services "can't be afforded." But what if that belief is simply false? In this video, I explain why modern monetary theory (MMT) is forcing a reckoning with ...

Right now, a litre of petrol costs around 150p. Of that, 52.95p is fixed fuel duty and around 25p is VAT sojust over half the pump price is tax. The remaining cost is t...

Markets cannot solve this. When supply collapses, markets ration by income and thos...

Donald Trump has signalled his intention to attack Iran’s civilian infrastructure, power stations and desalination plants, and that is a war crime under international law. The law is unambiguous: military gain does not justify targeting civilian populationsand the infrastruture they depend upon, and pre-announcing an attack does not reduce culpability. This is the reality of the Iran war that the world urgently needs to confront.

T...

The tools are all there. The Bank of England must be instructed to intervene in bond markets to keep UK interest rates under contro...

Your savings are dead money. That's the uncomfortable truth about how money works that politicians don't want you to understand. In this video, I explain why UK savings — including ISAs holding over £700 billion and pension funds costing the taxpayer £70 billion a year in subsidies — do nothing for economic growth, don't fund investment, and don't create jobs.

This is about how banks create money and the banking system explained ...

What would happen if no one went to work tomorrow?

It sounds like a simple thought experiment, but it exposes a fundamental truth about how our economy actually works. If work stopped, food would not be produced, care would not be delivered, services would collapse, and money itself would quickly become meaningless.

In this video, I explore why wealth is not money, but the result of human effort. Drawing on ideas from Adam Smith an...

 If all the world's countries are in debt and that's pretty much true, then who do they owe the money to? That's a question that I heard asked recently on the radio, and the commentators on the programming question did not know the answer. So let me explain. There is roughly $100 trillion of national debt in the world at present.

Now I say roughly because this figure is changing all the time and the data is a little outta date. So ...

Current economic policy starts with spending caps and debt-to-GDP targets before ever asking what society actually nee...

Banks want to keep you in debt. That's how banks make money, and it's the core truth about how banking works that most people never learn. In this video, I explain the banking system explained simply — the three things banks actually do: bookkeeping, borrowing your money, and lending. But here's the key to understanding money creation — banks create money from nothing when they lend. They don't lend your savings. They tap numbers i...

The UK doesn't have a real democracy. In this video, I explain why first past the post is a broken voting system that produces governments nobody voted for — and why proportional representation is the only serious alternative. In the 2024 general election, Labour won 411 seats in the House of Commons — a massive majority. But Labour received just 33% of the national vote. Only 20% of all registered voters actually voted Labour. Th...

Russia cannot defeat Ukraine despite overwhelming militar...

Here's how it works. Electricity is bought from multiple sources — wind, solar, nuclear, hydro, and gas. The cheapest is purchased first, and gas-fired electricity comes last. But the regulator charges every consumer the pr...

The Iran war is not just a military conflict — it is the biggest economic disaster most of us will ever see. Two weeks in, the closure of the Straits of Hormuz has already triggered a global economic crisis that will hit every country on earth. Twenty percent of the world's oil flows through the Straits of Hormuz. So does one-third of all raw materials for fertiliser production — urea, sulfuric acid, and phosphates. With that trad...