Fiscal rules are works of fiction. So, why does Rachel Reeves pretend that she believes in them?

Fiscal rules are works of fiction. They are as made up as fairy tales are, and yet the Chancellor is asking us to believe that she should manage the economy by complying with them. Why is she so deeply misguided, whilst taking us for fools?

#uk #money #economy #politics #government #tax #labour #starmer #health #life #rachelreeves #budget

ABOUT RICHARD MURPHY
Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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