Dirty Secrets: How Tax Havens Destroy the Economy

Author:   Richard Murphy (University of Sussex)
Publisher:   Verso
ISBN:  

9781786635518


Publication Date:   03 September 2019
Format:   Paperback
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

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Dirty Secrets: How Tax Havens Destroy the Economy


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Author:   Richard Murphy (University of Sussex)
Publisher:   Verso
Imprint:   Verso
Weight:   0.367kg
ISBN:  

9781786635518


ISBN 10:   1786635518
Publication Date:   03 September 2019
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Postponed Indefinitley
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

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Reviews

Richard Murphy is a rare voice of sanity at a time of economic madness. --Owen Jones, author of The Establishment Backed by years of experience and fired by relentless energy and a burning sense of anger at what the offshore system of tax havens is doing to our fragile world, Richard Murphy's tireless work at the leading edge of the tax justice campaigns has helped open the world's eyes to the scale and nature of this growing, metastatising threat to our democracies and our economies. Dirty Secrets makes essential reading for those wanting to understand where it all went wrong. --Nicholas Shaxson, author of Treasure Islands Richard Murphy has for decades been a leading voice on the left arguing for international tax reform. He fizzes with ideas about how policy-makers should organise policies on an international scale ... argues that if we manage to stamp out tax havens, the rewards will be bountiful: inequality will fall, and so too the cost of capital. Regulation, markets and even democracy will function better. --Prospect The Panama Papers detailed corruption by design, and here the fearless author of The Joy of Tax uses them as a jumping-off point to detail, with insight, forensic precision and pugnacity, the truth behind the lie that tax havens are a reasonable part of global capitalism. --Times Higher Education Murphy's book aggressively attacks the world's tax havens--or 'secrecy jurisdictions, ' as he calls them. Their most corrosive effect, in his judgement, is not to allow individuals (including criminals) and corporations to avoid or evade taxes, although that is important. Rather, the worst thing about tax havens is the way in which they prevent the kind of transparency in transactions that any well-functioning market requires ... If the secrecy jurisdictions were curtailed, the world would be a much better place, Murphy contends: democracies would be stronger, and markets more efficient. --Richard N. Cooper, Foreign Affairs


Richard Murphy is a rare voice of sanity at a time of economic madness. --Owen Jones, author of The Establishment Backed by years of experience and fired by relentless energy and a burning sense of anger at what the offshore system of tax havens is doing to our fragile world, Richard Murphy's tireless work at the leading edge of the tax justice campaigns has helped open the world's eyes to the scale and nature of this growing, metastatising threat to our democracies and our economies. Dirty Secrets makes essential reading for those wanting to understand where it all went wrong. --Nicholas Shaxson, author of Treasure Islands Richard Murphy has for decades been a leading voice on the left arguing for international tax reform. He fizzes with ideas about how policy-makers should organise policies on an international scale ... argues that if we manage to stamp out tax havens, the rewards will be bountiful: inequality will fall, and so too the cost of capital. Regulation, markets and even democracy will function better. --Prospect The Panama Papers detailed corruption by design, and here the fearless author of The Joy of Tax uses them as a jumping-off point to detail, with insight, forensic precision and pugnacity, the truth behind the lie that tax havens are a reasonable part of global capitalism. --Times Higher Education Murphy's book aggressively attacks the world's tax havens--or 'secrecy jurisdictions, ' as he calls them. Their most corrosive effect, in his judgement, is not to allow individuals (including criminals) and corporations to avoid or evade taxes, although that is important. Rather, the worst thing about tax havens is the way in which they prevent the kind of transparency in transactions that any well-functioning market requires ... If the secrecy jurisdictions were curtailed, the world would be a much better place, Murphy contends: democracies would be stronger, and markets more efficient. --Richard N. Cooper, Foreign Affairs


Author Information

Richard Murphy is a UK chartered accountant and has been described as the architect of Corbynomics. In 2015, he became Professor of Practice in International Political Economy at City University, London. He is author of The Joy of Tax and The Courageous State, and co-author of Tax Havens.

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