Thursday, January 6, 2022

There is only one solution to the problem of Covid, and the state is at the heart of it — Richard Murphy

Summary. Take the scientific approach and fund the necessary to accomplish it with currency issuance rather than rely on developing "natural immunity" by letting the disease spread widely. 

Tax Research UK
There is only one solution to the problem of Covid, and the state is at the heart of it
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

7 comments:

NeilW said...

How many sharks is that Richard has jumped now.

He is way, way out of his depth here - but it plays well to the gallery.

Tom Hickey said...

Addressing the pandemic is another area where different and often opposite opinions abound. All sides cite "expert" opinion and opposing "facts"

I have not been dealing with national politics but I keep up on it and the same applies in spades. Different worlds based on different world views. Of course, this applies to econ and finance, too.

Some of this is probably attributable to different ideologies, some to propaganda (cui bono?), some to stupidity...

A typical example is Biden's speech this morning about the "insurrection," followed by a flurry of posts in reaction about the supposed "insurrection" actually being a "false flag" by the Deep State. There is no arguing these positions with the people that hold them.

Andy Blatchford said...

"Out of his depth"

Amusing thread on Facebook where those arguing with him are as well. Net financial assets seem to have passed them by and its an argument about what is "money" but they don't it. Sad lack of precision on what they are talking about,

Andy Blatchford said...

"Don't know it'

Matt Franko said...

“Money” is a figure of speech…

Andy Blatchford said...

Yeah Matt so pretty pointless arguing about various aggregare measures. If Murphy wants to do monetarism then carry on but it ain't MMT.

Peter Pan said...

Simon says... vaccine certification platform.

...

Common kids, you can say it.