Episodes
Wednesday Sep 08, 2021
MONEY & TAX IN QUESTION - INTERESTING TIMES 40
Wednesday Sep 08, 2021
Wednesday Sep 08, 2021
This podcast is a response to two events of the 7th September 2021. These are the beginning of El Salvador's policy to recognise Bitcoin as legal tender and UK PM Johnson's announcement in Parliament of tax measures to ostensibly finance much needed social care provisions. In the second case, rather than getting into the weeds of the actual policy announced by Johnson, the podcast focusses on the way in which certain assumptions about the nature of tax and money are uncritically accepted by politicians, media and economists. I draw on Stephanie Kelton's The Deficit Myth. [Free. 30 minutes.]
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