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  If we want to beat fascism, the answer is easy: scrap neoliberalism https://www.taxresearch.org.uk/Blog/2026/09/08/if-we-want-to-beat-fascism-the-answer-is-easy-scrap-neoliberalism/

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  Giving praise to Burnham and Miliband when it is due https://www.taxresearch.org.uk/Blog/2026/09/09/giving-praise-to-burnham-and-miliband-when-it-is-due/ The new policy on Israel is very welcome.

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  The central banks begin their war on the innocent victims of inflation https://www.taxresearch.org.uk/Blog/2026/09/11/the-central-banks-begin-their-war-on-the-innocent-victims-of-inflation/

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  The supposed certainty many neoliberal thinkers have about accounting and economics is entirely misplaced. The idea that anything in economic data has an objective reality is just wrong. Note: I wrote this infographic. I used AI to create the final image.

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  There is no objective number in accounting or in the relationships it records. That fact is necessarily implicit in double-entry, where a debit must be matched by a credit. In turn, those entries exist in relationship to transactions. An infographic, which I wrote and AI drew:

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  Why has Anthropic boss Dario Amodei called for a halt in AI development? I suspect he's hit his human limits. He is in a blind funk, and he may not be alone. In other words, he literally has no idea what to do. He founded Anthropic, but nothing prepared him for what it has become. He is supposedly a guru, but he is also a human being. Put the two together, and at the moment, the human being is showing. He may be right. AI may need to stop for a moment, or longer. But if it does, there...

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  It’s not too late to beat Reform – but it will be if Labour does not act now https://www.taxresearch.org.uk/Blog/2026/09/13/95650/

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  What is capitalism? It's a much more complicated question than most people imagine. https://www.taxresearch.org.uk/Blog/2026/09/15/glossary-entry-capitalism/

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  Bitcoin has an accounting problem which suggests it isn’t money https://www.taxresearch.org.uk/Blog/2026/09/16/bitcoin-has-an-accounting-problem-which-suggests-it-isnt-money/

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  Quantitative tightening, or QT. What is it? Why has it been a mistake? What should be done about it now? I wrote this infographic. AI created the image.

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  The RNLI: people of courage and commitment to their neighbours, whoever they might be https://www.taxresearch.org.uk/Blog/2026/09/18/the-rnli-people-of-courage-and-commitment-to-their-neighbours-whoever-they-might-be/ This one's personal.

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  The economy is going to get really bad. We need a plan. And John Healey is Chancellor. https://www.taxresearch.org.uk/Blog/2026/09/19/the-economy-is-going-to-get-really-bad-we-need-a-plan-and-john-healey-is-chancellor/

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  Tax banks more, now! https://www.taxresearch.org.uk/Blog/2026/09/23/tax-banks-now/ The City says higher taxes will drive banks away. That might be exactly what Britain needs.

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  Has Andy Burnham no idea what to do? https://www.taxresearch.org.uk/Blog/2026/09/30/has-andy-burnham-no-idea-what-to-do/ Why is Andy Burnham only offering action after the next election, which he knows he will lose? Is it because he does not actually know what to do?

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  Why are the Tories obsessed with inheritance tax? https://www.taxresearch.org.uk/Blog/2026/10/06/why-are-the-tories-obsessed-with-inheritance-tax/

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  Is France jettisoning neoliberalism? https://www.taxresearch.org.uk/Blog/2026/10/07/is-france-jettisoning-neoliberalism/

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  The great challenge this country will face soon is deciding who runs it and for whom. Is it run by central banks for financial markets, or by elected governments for people? That is the question. Resolving it may be ugly, but it will have to happen. https://www.taxresearch.org.uk/Blog/2026/10/09/andrew-bailey-thinks-financial-markets-rule-they-dont-but-he-did-define-the-conflict-to-come/

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  Donald Trump's deal with Russia to secure diesel shows that the moment of desperation in the international economy is approaching very fast. We're edging toward meltdown, and our politicians are still ignoring that fact. https://www.taxresearch.org.uk/Blog/2026/10/10/the-moment-of-desperation-is-approaching-very-fast/

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  Is AI eating neoliberalism? https://www.taxresearch.org.uk/Blog/2026/10/14/is-ai-eating-neoliberalism/

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  It is time for people of courage to walk away from Labour https://www.taxresearch.org.uk/Blog/2026/09/29/it-is-time-for-people-of-courage-to-walk-away-from-labour/ They have had their chance. They have blown it. We need a real alternative in this country now. They will never be it again.

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  The Democrats of Michigan have chosen to fight. I hope they win. https://www.taxresearch.org.uk/Blog/2026/08/06/the-democrats-of-michigan-have-chosen-to-fight-i-hope-they-win/ In the USA, some Democrats are choosing to take on the fight against those corporate interests that put money ahead of people, when politics in a democracy should be about people before corporate power. It is a fight that they win.

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  I did an infographic on Marx recently. This seems like the appropriate follow-up. In one way or another, I used AI in creating this post. I also used a word processor, my brain, thinking time, coffee, discussion, and about 50 years of reading.

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  There is no news from a government that’s in office but on holiday during a crisis https://www.taxresearch.org.uk/Blog/2026/08/03/there-is-no-news-from-a-government-thats-in-office-but-which-has-gone-on-holiday/ Where is Burnham's government as the climate crisis hits home?

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  Money is not the scarce resource for Burnham. Ideas are. https://www.taxresearch.org.uk/Blog/2026/07/22/money-is-not-the-scarce-resource-for-burnham-ideas-are/ Burnham is "paying" for £2 bus fares by making international climate funding into loans, which have always turned out badly. Rehashing failed ideas does not deliver radical government. It repeats failure.

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  Cutting VAT on electricity does not address our real energy crisis https://www.taxresearch.org.uk/Blog/2026/07/21/cutting-vat-on-electricity-does-not-address-our-real-energy-crisis/ The National Grid spends more than £1 billion a year - the cost of this cut - on wasted energy because the Grid is so lacking in investment. That's the real crisis.

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  Will markets crash? https://www.taxresearch.org.uk/Blog/2026/07/18/will-markets-crash/ Yes, of course they will. All the data suggests that. And the biggest problem of all is that our politicians are ignoring the risk.

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  Government v bank money https://www.taxresearch.org.uk/Blog/2026/07/10/government-v-bank-money/ We are in an economic mess by choice: banker’s choice, backed by a captured economics profession.

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  My view on … modern monetary theory https://www.taxresearch.org.uk/Blog/2026/07/09/my-view-on-modern-monetary-theory/ A summary of the subject, and my interpretation of the issues.