Why I won’t stop explaining economics - Richard Murphy

3rd May 2026

Why write 25,000 blog posts? Why make a video every single day?

In this video, I explain what drives my work, why I have spent decades challenging mainstream economics, and why I believe much of what we are told about the economy is simply wrong.

This is not about academic debate for its own sake. It is about the real-world consequences of bad ideas; ideas that shape public policy, justify inequality, and limit what governments claim they can do.

From tax justice and the exposure of tax havens, to the deeper question of how wealth and power are concentrated, I explore how the system actually works, and why it so often fails ordinary people. I also explain why the claim that there is “not enough money” for public services is not an economic truth, but a political choice.

This matters because the stakes are now incredibly high. We face a climate crisis that demands large-scale public investment. We face public services under strain after years of deliberate underfunding. And we face levels of inequality that are both economically damaging and morally indefensible. None of these problems can be addressed unless we first understand how money, government, and the economy really work.

That is why I write. That is why I make videos. And that is why I do it every single day.

If we do not challenge bad economics, it will continue to harm millions. But if we do understand it, we can begin to change it.

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00:00 — Introduction: the question “why do I do this?”
01:00 — Academic beginnings: studying economics and becoming an accountant
02:00 — Early realisation: wealth flowing from the public to the wealthy
03:00 — First focus: tax avoidance, evasion, and tax havens
04:00 — Creating Tax Justice Network and campaigning work
05:00 — Bigger picture: tax abuse as a symptom of a flawed system
06:00 — Critique of mainstream economics and its assumptions
07:00 — Key myths: government finance, markets, and scarcity
08:00 — Why blogging: independence, depth, and consistency
09:00 — Why video: accessibility and reaching wider audiences
10:00 — Purpose: explaining economics and challenging harmful narratives
10:40 — Conclusion: motivation, persistence, and continuing the work

TRANSCRIPT
A transcript for this video is available at: https://www.taxresearch.org.uk