I am sharing this from the blog of the Corporate Accountability Network, where I originally posted it: Three new reports suggest that matters are proceeding apace with regard to climate change accounting. The first refers to the appointment of Mark Carney, the current Governor of the Bank of England, as the new United Nations Special Envoy […]
Category Added in a WPeMatico Campaign
The Global Reporting Initiative (GRI) has issued a press release this morning under this banner: I was on the panel that developed this standard over the last couple of years and am delighted it is now out. The accompanying press release says: Amsterdam, 5 December 2019 – The launch of a new tax reporting standard […]
This comes from Public Services International, which is a Global Union Federation of more than 700 trade unions representing 30 million workers in 154 countries: The report is available here, together with more information on unitary taxation.
Sustainable cost accounting is the idea that I am promoting through the Corporate Accountability Network. The aim is to do what no one has yet achieved, which is to bring the impact of climate change onto corporate balance sheets. The latest guide to sustainable cost accounting is now out, incorporating feedback from recent meetings at which the issue […]
The Progressive Economy Forum, which is made up of a range of people generally thought of as heterdox economists, has published its guide to the general election manifestos, including one by me on tax: You can download it here.
One of the great myths of modern capitalism is that markets work. Moreover, the supposedly work on the way that economists like to think they do. The Conservative Party is built on that myth. So too is the American Dream. The myth suggests that anyone can build a Company from scratch, entering a market of […]
Donald Trump does not know Prince Andrew. Donald Trump has no interest in the NHS. Donald Trump is a liar. Only one of those statements is true.
I have been reading Prof John Weeks’ book ‘The Debt Delusion‘. I should say, upfront, that I know John, and enjoy his company: he is a fellow member of the Progressive Economy Forum. The book would be worth reading without that association. In essence, John uses the book to tackle six myths, which he identifies […]
People have little more than a week left to make up their minds in this election. If they are voting by post, it is somewhat less. The good news is patterns are emerging. The increase in Tory support has flattened as the Brexit Party ceases to play any effective role. The LibDems look to be […]
Some facts on the NHS seem to be important to inform debate. Try these: New Accident and Emergency waiting times figures are the worst since targets were introduced in 2004, with one in six patients waiting longer than four hours for an appointment. 83.6% of patients were treated in four hours or less in October, […]
I admit I do not agree with the Tax Justice Network simplistic view that tax funds government spending (because it doesn’t) but that apart this is well worth watching:
I liked this from Deficit Owls, an modern monetary theory site: This is a statement of fact, and not opinion. So, every time a politician says it wants the government to run a surplus (as the LibDems do) then the question has to be ‘who do they want to run the deficit instead?’ Right now […]
As the Guardian reports this morning, and I am not going to even seek to précis this: The UK’s six richest people control as much wealth as the poorest 13 million, according to research by the Equality Trust. They are Companymen Gopichand and Srichand Hinduja (£12.8bn); Sir Jim Ratcliffe, boss of Ineos chemicals (£9.2bn); hedge […]
I was speaking at an event in the City yesterday. The occasion let me reach an audience that I might not usually engage with, and as a result I am accepting that it would be inappropriate to disclose the identity of my hosts. But under the Chatham House rule, which applied, I can discuss comment […]
Inequality should be a key theme of this election. And not just absolute measures, either, important as they are. Regional inequality is also a massive issue in the UK: The IPPR State of the North 2019 report shows how the UK is more regionally divided than any comparable advanced economy – in terms of e.g. […]
Sentencing is not the problem within our justice system. Judges are more than capable of working out what any sentence they might give means, including the prospect of early release on probation implicit within it. The problems within our justice system are something entirely different, and twofold. The first is, of course, the dire impact […]
I hope Paul Spicker will forgive me seeking to amplify a point he made on his blog yesterday. He said: The government of the United Kingdom has always had an unwritten constitution, and that position has been defended on the basis that it allows governments a degree of flexibility in dealing with complex situations. That […]
Quote of the day from John Crace, in The Guardian: Johnson used to at least be able to give a passable imitation of being Boris Johnson. Now he can’t even manage that. The gags and the mannerisms that used to be his calling card, now just fall flat. A one-trick pony whose one trick everyone […]
It must take enormous courage for a grieving father to comment like this. I cannot imagine his pain. I can, maybe, his anger: