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The question is not how we will pay for it but what sort of society do we want to create?

17th May 201919th May 2019

“Our human compassion binds us the one to the other – not in pity or patronizingly, but as human beings who have learnt how to turn our common suffering into …

The question is not how we will pay for it but what sort of society do we want to create? Read More
Blogs / MMT Lens

An SOS to the world:  Biodiversity is under threat. We need to act now. Our survival depends upon it.

10th May 201910th May 2019

This weekend the GIMMS team are preparing for a series of events that we will be hosting in Birmingham and London so this week’s MMT Lens will be shorter than …

An SOS to the world:  Biodiversity is under threat. We need to act now. Our survival depends upon it. Read More
Blogs / Reblog

Is world-leading NHS healthcare an affordable proposition?

5th May 20195th May 2019

In this age of fiscal austerity the viability of the NHS as a publicly funded and delivered service has been constantly called into question. Those challenging the necessity for cuts …

Is world-leading NHS healthcare an affordable proposition? Read More
Blogs / MMT Lens

Repeat after us…there is no social care funding gap and no tax burden on future generations

3rd May 20195th May 2019

Last week the House of Lords Committee on intergenerational fairness said that it was time to rebalance government policies to favour young people, or risk further shattering of the ‘social …

Repeat after us…there is no social care funding gap and no tax burden on future generations Read More
Blogs / MMT Lens

The underfunding of mental health services is a political choice. There is an alternative.

26th April 20195th May 2019

Over the last few years, the subject of mental health services has increasingly made the news headlines.  A quick search engine query says it all: ‘Damning report finds serious failings …

The underfunding of mental health services is a political choice. There is an alternative. Read More
Blogs / MMT Lens

Delivering ecological, social and economic change: Join us in Birmingham to find out more

20th April 20195th May 2019

“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …

Delivering ecological, social and economic change: Join us in Birmingham to find out more Read More
Blogs / MMT Lens

The fate of local government is hanging in the balance

13th April 20195th May 2019

“Surely by now there can be few here who still believe the purpose of government is to protect us from the destructive activities of corporations. At last most of us …

The fate of local government is hanging in the balance Read More
Blogs / Reblog

Is there a critical shortage of rich people?

7th April 201926th November 2022

Resounding cheers from audiences bring mighty puffs and glows to those politicians promising to fund their spending ambitions with cash recovered from tax-havens in distant islands. But how much could …

Is there a critical shortage of rich people? Read More
Blogs / MMT Lens

Excuse us but we need to talk about the Green New Deal.

5th April 20195th May 2019

“We stand now where two roads diverge. But unlike the roads in Robert Frost’s familiar poem, they are not equally fair. The road we have long been traveling is deceptively …

Excuse us but we need to talk about the Green New Deal. Read More
Blogs / MMT Lens

The markets are not in charge, sovereign currency-issuing governments are

29th March 201929th March 2019

And in the news…… The IMF warns this week that the world has run out of ‘fiscal fire power’ to fight the next recession because the balance sheets of central …

The markets are not in charge, sovereign currency-issuing governments are Read More

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Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

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Patricia @patricianpino ·
2 Dec

A short🧵 on MMT & power: First and foremost MMT is a description & does not contain a prescribed pathway for working class liberation. That was not what MMT as a theory set out to do. However, even a description has political implications & here I set out a couple. >

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Steven Hail @stevenhailaus ·
2 Dec

This nonsense is a symptom of living within an essentially barter/full employment model, and having no understanding of monetary systems and balance sheet mechanics, let alone having a view of how people think which is in defiance of reality.

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Steven Hail @stevenhailaus ·
2 Dec

Oh, my God.

You are trying my patience beyond its limit

The institutional set-up in the UK clearly involves currency issuance

Read this, in the Journal of Economic Issues - The Self-Financing State: An Institutional Analysis of... the United Kingdom:

https://www.tandfonline.com/doi/pdf/10.1080/00213624.2025.2533726

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Warren B. Mosler @wbmosler ·
1 Dec

@WolfgangWa1642 @pontus_rendahl I 'invented'/developed what's popularized as MMT.
I'd never read Keynes (or any of the others). It all came from my capital markets experience.
Still does.
Keynes never recognized the source of the price level, or had the understanding that tax liabilities cause unemployment.

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Steven Hail @stevenhailaus ·
1 Dec

Incidentally, something similar happened a couple of years later, when I was preparing people for the Chartered Institute of Bankers qualifying exams. A banker said 'great course, but you know it doesn't work like that, don't you?'. Again, I later learned he (and MMT) was right.

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