Richard Murphy

Richard Murphy, an economist known for his insights on Modern Monetary Theory and the author of the Funding the Future blog, discusses his alternative budget for 2025. He critiques traditional fiscal policies, emphasizing the need to end neoliberalism and proposes new funding strategies for rebuilding Britain. The conversation dives into controversies over money creation, taxes versus interest rates for controlling inflation, and the implications of removing market discipline. Tensions rise as Dan challenges Murphy's views, leading to a lively debate on financial governance.