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I had the pleasure of being a guest on Professor Radhika Desai’s Geopolitical Economy podcast for a discussion earlier this week. The discussion was based on open-minded Read the f...
NB: This infographic has been updated. The only change is to a sketch in box 2. This is the fourth in this series of infographics Read the full article...
This is the first in a series of infographics which will continue with: Microecnomics Macroeconomics Political economy The household analogy And more. How to expand Read the full a...
Most economists assume the answer is obvious. They say the purpose of the economy is growth, and they measure success using GDP. But what if Read the full article...
This infographic supports this morning's video: How to expand this image If you press CTRL or Command and Plus (+) on your keyboard, your browser Read the full article...
Most people think economics is about money. It isn’t. Economics is about how society organises itself to meet people’s needs and help everyone thrive. In Read the full article...
What is macroeconomics, and what does it tell us about how an economy really works? In this episode of Understanding Economics, I explain why macroeconomics Read the full article.....
Most people think economics is about money. It isn't. Economics begins with something much more fundamental: resources. Every society has limited resources and must decide Read the...
This is a longer-than-usual blog post. As I note at the end, it was essentially co-developed with Jacqueline in a long session over coffee in Read the full article...
This is the second in a series of infographics. The first, on economics, has been published. The series will continue with: Macroeconomics Political economy The Read the full artic...
Don’t you think economics should serve people rather than power? If not, why do we study economics, teach economics and practice economics? There is something strange about the rel...
This year’s SONA seems to be a bit more polished and better crafted—in form, at least. In terms of substance, though, it’s terribly populist.
What is microeconomics really about? Conventional economics usually puts markets at the centre of the answer. It assumes that individuals make rational choices and that Read the fu...
Poverty is not a fact of nature. It is a political choice. The UK considers a person to be living in poverty when their income Read the full article...
In a recent post, I discussed what is in philosophy termed 'the hard problem'. I did so in the context of recent discussion on ADHD. Read the full article...
Money is not wealth. That single distinction is one of the most important things economics has to teach, and we have been getting it wrong. Read the full article...
This is the third in this series of infographics on the basics of economics. The first, on economics, has been published, as has that on microeconomics. Read the full article...
In this latest video in my Understanding Economics series, I look at an idea economics has been missing for the last forty years, and it Read the full article...
This is the ninth in a series of essays on the politics of care and economics of hope. The others are listed at the end of this Read the full article...
A new book about the meaning of money argues for how to use finance to create a more equitable economy.
The collapse of America’s political center is the result of an economy that has abandoning ordinary workers for decades.
The Richard J Murphy YouTube Channel And My View on … The Mixed Economy Richard J Murphy _______________ This post is part of an ongoing Read the full article...
There is a silent question that walks through every city, every village, and every economy. It is a question that statistics alone cannot answer. Why do some families wake up every...
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