The question is not simply how much we spend on defence, but what we understand defence and security to mean, says SIMON BRIGNELL
Shattering the tax and spend deficit myth
Modern monetary theory has been gaining momentum and popularity in recent years. CHRIS WILLIAMSON takes a look at the arguments
WE NEED a radical rethink on the tax and spend deficit myth.
Economic commentators and politicians of every stripe perpetuate the delusion that public spending is paid for by governments taxing or borrowing and that fiscal deficits are something to be concerned about.
We saw it again last week in the discussion around the mini-Budget.
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