Which is arguably even more confused than the Joy of Tax itself:
Murphy begins with money (how could he not?). Henry Ford said: “If people knew how money was created there would be a revolution before breakfast!” Money is literally conjured out of thin air by banks by adding a few zeroes on a computer. Ultimately, however, it is government debt. If you doubt that, look at a banknote. It says “I promise to pay…” It is an IOU. Money is government debt in circulation. Remove all government debt – as advocated by George Osborne, the Mad Hatter of economics – and we have no money.
Jesus, that really is even worse than the Murphmonster.
Marcus Chown, formerly a radio astronomer at the California Institute of Technology
Seriously, THE gets an astronomer to review a book on economics?