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Blogs / MMT Lens

GIMMS goes to Berlin!

8th February 20198th February 2019

The GIMMS team would like to share with you all our thoughts and impressions of the very first European MMT conference which took place in Berlin over last weekend. It …

GIMMS goes to Berlin! Read More
Blogs / MMT Lens

Why fixing poverty and inequality does not depend on a benevolent global wealthy elite

1st February 201929th January 2019

“Any man can make mistakes, but only an idiot persists in his error,” said the Roman philosopher Cicero. Now that we know how inequality harms the health of societies, individuals, and …

Why fixing poverty and inequality does not depend on a benevolent global wealthy elite Read More
Blogs / Reblog

The Myths and Legends of Hypothecated National Insurance

27th January 201927th January 2019

Over the last few days there has been a story whizzing around social media that our National Insurance contributions are being used to pay off the national debt. The Fund, …

The Myths and Legends of Hypothecated National Insurance Read More
Blogs / MMT Lens

Governments should be judged by the way they treat their elders not whether they balanced their accounts

25th January 201918th January 2019

‘How we treat our old people is a crucial test of our national quality. A nation that lacks gratitude to those who have honestly worked for her in the past …

Governments should be judged by the way they treat their elders not whether they balanced their accounts Read More
Blogs / MMT Long Read

Lovers of exemption from tax

20th January 201920th January 2019

Welcome to Alan Hutchison, our MMT Long Read author for this week. Alan begins his blog post with a riddle, and as he notes most people will answer without hesitation. …

Lovers of exemption from tax Read More
Blogs / MMT Lens

The day MMT officially went mainstream?

18th January 201918th January 2019

On Wednesday 16 January an unusual event occurred. FTAlphaville, a news and commentary service for financial market professionals provided by the Financial Times, published an article by Brendan Greeley entitled …

The day MMT officially went mainstream? Read More
Blogs / MMT Lens

New Year….same old economic orthodoxy

11th January 201911th January 2019

At the end of 2018 the economic wizard, George Osborne, entertained the public, yet again, with the claim that at the time of the general election in 2010 the country …

New Year….same old economic orthodoxy Read More
Blogs / Reblog

The Bond Market Doesn’t Control Anything; the Currency-Issuing National Government Does

6th January 201911th April 2023

Ellis Winningham is a retired US-based economist, Modern Monetary Theory advocate and campaigner who works with relentless passion through his website blogs and social media work to inform and raise …

The Bond Market Doesn’t Control Anything; the Currency-Issuing National Government Does Read More
Blogs / MMT Lens

“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.”

4th January 20194th January 2019

Fuad Alakbarov (Azerbaijani-Scottish human rights activist, political commentator and humanitarian.)   In the week before Christmas, the Secretary of State for housing claimed that the sky rocketing levels of homelessness …

“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.” Read More
Academic Paper / Blogs / MMT Long Read

What Price Justice? The Failures of the Left and the Political Economy of the Future

2nd January 201923rd February 2019

Simon Winlow and Steve Hall  Published online 2018   Full article   Abstract This paper addresses three specific problems. First, it describes and explains the growing distance between the political …

What Price Justice? The Failures of the Left and the Political Economy of the Future 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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