Money for nothing and my Tweets for free

In November 2020 Richard Murphy decided to write a Twitter thread to explain how quantitative easing works because it was apparent that there was widespread misunderstanding on the issue. That thread was more than thirty tweets long. It reached more than 400,000 people and created around 30,000 interactions. By accident Richard had discovered a new mechanism for explaining how the economy works.

Over the next few months Richard wrote seven more threads and two blogs to add to that explanation. Several of these tweets reached reached more than a million people. Something about them resonated with a lot of readers.

‘Money for nothing and my Tweets for free’ brings those tweet threads and blog posts together in one place to explain how the modern economy really works and to show how, if this was understood by our politicians, we could have a very different economy now.

Richard Murphy is Professor of Accounting Practice, Sheffield University Management School, a chartered accountant and economic justice campaigner. He blogs at http://www.taxresearch.org.uk/Blog/ and tweets @RichardJMurphy. He is not a member of any political party.