Funding the Future

Politicians and economists pretend forecasts are facts. But they’re not. They’re guesses – and running the economy on guesses guarantees failure. In this video, I explain why fiscal rules based on forecasts are absurd, why Rachel Reeves is already using them to justify austerity, and why we must plan on the basis of present needs, not imagined futures.

Capitalism is not driven by rational homo economicus, but by power, greed and vested interests. Neoclassical economists' tidy models still shape policy, but other insights into conspicuous consumption, monopoly and political capture better explain today’s world—and remind us economics must face reality, not fantasy, if it is to serve society.

Donald Trump arrives in the UK today on a state visit – and Keir Starmer has exposed his complete lack of political judgment. Why did Starmer invite Trump? Why is Trump unfit for such treatment? And what does this say about the state of democracy in both the UK and USA? In this video I argue that: Trump promotes genocide, economic warfare and racism. Starmer has embarrassed Britain by aligning with Trump. Both leaders are products of failing democracies that no longer reflect the will of their people. We urgently need electoral reform, a credible foreign policy, and accountability for leaders who normalise the far-right. This isn’t just about one state visit. It’s about whether democracy can survive when opportunism replaces principle.

CEO pay in the UK is spiralling out of control. The median FTSE 100 boss now takes home £4.5 million a year – while millions struggle to live on the minimum wage. If we can set a minimum wage, why not a maximum pay cap? In this video, I explore why inflated executive pay is unjustified, how it fuels inequality, and how a cap – at around £370,000 – could rebalance our economy. Would a maximum pay cap strengthen fairness, rebuild trust in business, and restore democracy? Watch to find out – and let us know what you think in the poll.  

The conversation dives into how our thoughts shape reality, emphasizing the impact of collective paranoia on politics. It examines fears surrounding war with China, immigration crises, and fiscal concerns, highlighting how these narratives distract from pressing issues like poverty and climate change. The discussion encourages a mindful approach to thinking, asking whether we will succumb to fear or choose to frame the world positively.

Donald Trump promised to Make America Great Again. Instead, he is wrecking the US economy. Job creation has collapsed, farmers can’t sell their crops, foreign investors are leaving, and tariffs are pushing up prices for ordinary Americans. In this video, I explain why Trump’s economic policies are a disaster — and why the UK should take note as the far-right tries to copy them.

The truth is stark: companies are hiding the real cost of the net-zero transition. Without honest accounting, capital is misallocated, pensions are at risk, and businesses will fail. Sustainable cost accounting is the solution.

Wes Streeting wants to fund 200 new NHS health centres through PFI. But the Public Finance Initiative was a disaster in the past – locking hospitals and schools into decades of expensive contracts. Profits were privatised while risks and debts were socialised. This video explains why PFI 2.0 is a betrayal of the NHS, why it costs more, and why the government should fund health centres directly using its own currency.

In this first podcast style interview between me and Steve Keen, the author of 'Debunking Economics', Steve recounts how early encounters with neoclassical and neoliberal economics, and the realities of firm behaviour, led him to reject economic fairy tales and become a rebel. His politics shifted too, from Vietnam-era conformity to organising for a political economy curriculum. Today his priority is climate change. Economists’ models have trivialised existential risk and hobbled action with myths about government finance. Steve broadly agrees with MMT’s “spend first, tax later,” but challenges Warren Mosler’s theories on trade, all of which mean that in the longer term he plans a wider assault on comparative advantage. And, at the end of the interview, we may clear that this is the first of what might be a number of conversations with Next up a discussion on double-entry as the missing economic grammar and how and why he created his RAVEL software to model it.

We are told that central banks are neutral and above politics. The truth is, they’re not. Central bank independence was created to remove responsibility from politicians and hand power to unelected bankers. This video explains why the idea is a con trick, how it undermines democracy, and why it’s time to put money back under democratic control.