Richard Murphy

What happens if the budget ignores Britain's real debt crisis? If you listen to what he will say, you'd think the national debt is our problem. It isn't. Private sector debt is three times bigger - and that is where the debt crisis will happen. youtu.be/szmZZwwtAm8?...

Scottish independence could transform mortgages and pensions in Scotland www.thenational.scot/politics/266... Me in The National this morning.

Why do shareholders get the rewards when workers create the wealth a company generates? Is it time to rethink just what companies are for and to require that the rewards be shared more fairly? youtu.be/15r28WaimP8?...

What can you do when the world seems to be falling apart? What difference can we make? youtu.be/V0bsTTYbmCA?...

Why do we pay tax? It's not for the reason most people think. Contrary to popular belief, taxes don't fund government spending because that's already been paid for through money creation. So what is it for? I explain all... youtu.be/SLEo_d11HU4?...

John Healey: a neoliberal to his core www.taxresearch.org.uk/Blog/2026/10...

Will John Healey's budget be a disaster? I believe it will be. That's because he is talking as if we are living in normal times, and we are not. Events outside his control will overtake Healey's budget, and he's not ready for them. youtu.be/URAPq5We8rA?...

Is this the beginning of the end for neoliberalism? It's not just what is happening in France that makes me think so. Everywhere, there are signs that neoliberalism is out of road, and a replacement is needed. Thankfully, there is one. youtu.be/jAV2v60GgBw?...

Could the government cut your energy bills? youtube.com/shorts/SpuI-...

How Britain could find £100 billion a year to rebuild its economy. All we need to do is change the tax incentives for saving in this country, and we could find the capital to build our future. So why won't the government do that? youtu.be/W7Y61uAZPVM?...

Now is the time for Burnham to plan for Thames Water’s demise. Will Burnham rise to the challenge? www.taxresearch.org.uk/Blog/2026/10...

We can build a new society out of the wreckage of neoliberalism, and we're going to have to. www.taxresearch.org.uk/Blog/2026/10...

The UK is poorer than we should be - and underinvestment is why. The first of two videos - the second is tomorrow - on why we are poorer than we should be, and what we can do about it. youtu.be/IeZVWKu7FxQ?...

Why Scotland must ditch sterling on the first day of independence www.thenational.scot/politics/266... Me in the The National this morning.

What if austerity was never necessary? Where would we be now? Without rioting in France, for a start. And in a country with hope, and not despair, as we have here in the UK. It is time to consign austerity to history for good. youtu.be/0c61E0MKCF8?...

What if companies are becoming more powerful than governments? Are monopolistic multinational companies the biggest threat to the world, as Elon Musk seems keen to prove? And, critically, what can we do about it? Is now the time to take them on? youtu.be/FumKxIj3MGs?...

What is neoliberalism, and why does it still dominate our economies? This is an Understanding Economics video I've been asked to make - tackling the corrosive philosophy of our time. youtu.be/_8yCsQCtPHg?...

What would really happen to the pound if we had an MMT government? I keep being asked this - and i n this video, I challenge all the nonsense usually claimed. youtu.be/PRknxpgDqoY?...

What would an MMT government do? This is one of the questions I am most often asked, and the answer is that MMT changes everything, because MMT governments would realise what they could do and that power rests with them. The change is to politics youtu.be/mJOMUhdMnMs?...

Is AI eating neoliberalism? www.taxresearch.org.uk/Blog/2026/10...

What happens if the Budget is based on false assumptions? The IFS Green Budget assumes everything will go back to normal in 2027. What if the government builds its plan on the same base? We won't be prepared for the shocks to come, and that's dangerous. youtu.be/lCcaI_6pRvo?...

Is Andy Burnham preparing a general election in December? It's possible, and it could make sense for him to do so - even if he loses well over 100 seats. youtu.be/WqnowVlyNb8?...

Andy Burnham and Donald Trump are cut from same cloth of toxic neoliberalism www.thenational.scot/politics/266...

Is economic insecurity destroying our democracy? Could it be that economic insecurity is the weapon needed to undermine it, and it's working? youtu.be/hcrxNI3kdUA?...

Guy Standing: Why we all deserve a social dividend. In my latest podcast, I talk to Guy about the precariat, universal basic income, the rentier economy and the need to reclaim the commons. This is a very different view of the world. youtu.be/2CX2wlTWFDk?...

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. www.taxresearch.org.uk/Blog/2026/10...

Understanding Economics: What is inflation? You would think we'd know by now, and that the Bank of England would know how to manage it. Unfortunately, they don't, and we pay an enormous price for that. youtu.be/dHeC4HsD3rA?...

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. www.taxresearch.org.uk/Blog/2026/10...

When will politicians turn to MMT? The answer is: in a time of crisis when it is apparent that neoliberalism has failed. And when will that be? Quite soon, on the basis of current progress. youtu.be/0S5Ad4WpCCE?...

Neoliberalism is failing, but what is it? This is a new version of our infographic on neoliberalism. AI drew the image. I wrote the text.

Is France signalling the end of neoliberalism? As a matter of fact, people will only stand for abuse from a financial system designed to oppress them for so long. France and maybe Spain seem to be indicating they've had enough. youtu.be/CpRl1ajsj-k?...

Is France jettisoning neoliberalism? www.taxresearch.org.uk/Blog/2026/10...

Why are the Tories talking about inheritance tax? The economy is riddled with real problems that need attention, but the Tories are talking about their goal of widening the wealth divide. Why? youtu.be/R27sj9UZj3w?...

Why are the Tories obsessed with inheritance tax? www.taxresearch.org.uk/Blog/2026/10...

Kemi Badenoch’s 'The Right Way' is the wrong way. By looking at what Badenoch does not say in her new description of what it is to be a Conservative, I show that this is a charter for abuse that is riddled with arrogant inconsistencies. youtu.be/AB7Nid-tTFA?...

What angered me most about Andy Burnham’s conference speech www.thenational.scot/politics/266...

Tax does not pay for government spending. So what is it for? Instead, it controls inflation and shapes our society, and understanding that could transform how we manage our economy. youtu.be/BTqN9V58ugw?...

How to change the world: what 24 years of campaigning taught us youtu.be/_z_szI9vEsk?...

What is money, really? The hardest question in economics needs an answer. That's what this morning's video is all about. youtu.be/Rs5fIopDHI8?...

Is Burnham’s government planning a crime against society? www.taxresearch.org.uk/Blog/2026/10...

What if fiscal headroom doesn't exist? youtu.be/Xp-pnyJU_n4?... In the run-up to the Budget, there is going to be a lot of talk about fiscal headroom, but the reality is that this is just a figment of a Chancellor's imagination, just as fiscal rules are.

How the AI boom could make you poorer youtu.be/7nDJ23DK_Eo?... You may not use AI, but it's going to cost you dearly, from increasing the price of your mortgage or rent to hiking the price of electricity. AI will not be coming cheap.

Does Andy Burnham have no idea what to do? www.taxresearch.org.uk/Blog/2026/09... 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?

The UK doesn't need an IMF bailout youtu.be/ZDbZgBiMp_8?... The Financial Times and others are asking if the UK might need to turn to the IMF for a loan - which is absurd, because nothing could be further from the truth.

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

What happens when neoliberalism's only got fear left to sell? I think that point might have arrived. And what we need instead is a different politics. One based on freedom from fear. Shouldn't that be our goal? Life would be very different if it were. youtu.be/C7gCT8rO7OA?...

Interest rates: what are you really paying for? youtu.be/COPLlwEY2AE?... The idea that anyone has a right to earn interest just because they have more money than they need makes no economic sense. So, what does?

There is no such thing as taxpayers’ money youtu.be/4AyhV70BDwE?... Anyone who claims the government spends taxpayers' money is talking total nonsense. The problem is that almost all our politicians do.

What is a market, and when can markets work? youtu.be/aEE6JfZSgOA?... The left rarely supports markets, but they have a role in any economy - knowing when is the issue, and that's what this video is about.

Is the UK's debt bill creating austerity for the poor and interest for the wealthy? And is this the real interest crisis the UK is facing now? youtu.be/CfCCyQezwI8?...