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Funding the Future: Richard Murphy on developing a fairer and sustainable economy

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Nigel Farage won Clacton. But did his unnecessary by-election actually make his political problems worse?

Farage beat Count Binface after calling an election that cost the public more than £200,000. The mainstream parties stayed away, Farage did not attend the count, and the parliamentary scrutiny of his finances that he hoped the election would negate has not disappea...


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Since waking rather early this morning, and without the benefit of any alarm clock, Nigel Farage's by-election result (I hesitate to call it a victory) has been dominating my day. That includes recording a video on what I think the consequences of this might be, which will be out before lunchtime.

It would be all too easy in that case to ignore other political stories ...


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What is microeconomics really about?

Conventional economics usually puts markets at the centre of the answer. It assumes that individuals make rational choices and that markets, operating through prices, allocate resources efficiently. But that account leaves out much of what actually shapes economic life.

None of us makes economic decisions in isolation. Famili...


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Watching the Clacton by-election count declaration has been an odd experience.

Farage, unsurprisingly, increased the number of votes that he won in this election compared to 2024, although not by much.

That said, he did take 63% of the vote amongst the 44% of eligible voters who decided to partake in this election.

Count Binface did, remarkably, get 27%. ...


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It takes some considerable inability to call an election by resigning your seat as an MP to seek what you describe as a new democratic mandate in response to a parliamentary inquiry into your potential failure to comply with regulation, and then claim that you will not attend the count declaring the result of that by-election because you have allegedly been advised by the pol...


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