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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 / 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
Blogs / MMT Lens

A healthy economy depends on a healthy nation. Time to break the austerity myth. Time to unravel the truth.

23rd March 2019

Whilst the Brexit train crash rumbles on and distracts the nation, the ongoing economic and social instability caused by cuts to public spending and the pursuit of ideologically driven policies …

A healthy economy depends on a healthy nation. Time to break the austerity myth. Time to unravel the truth. Read More
Blogs / MMT Lens

Is a Universal Basic Income the answer to poverty?

15th March 201923rd May 2020

Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor …

Is a Universal Basic Income the answer to poverty? Read More
Blogs / MMT Lens

A History Lost – The English Tally

8th March 20198th March 2019

This week the GIMMS team is offering something a little different for its weekly MMT Lens. Do you know what a tally stick is? In David Graeber’s celebrated work ‘Debt: …

A History Lost – The English Tally Read More
Blogs / MMT Lens

Fiat Socialism

1st March 201927th February 2019

This week the GIMMS team welcomes Carlos Garciá Hernández to the MMT Lens blog.  Carlos, in this fascinating commentary, shows how Marx is unquestionably relevant to MMT. Beginning with an …

Fiat Socialism Read More
Blogs / MMT Lens

Our house is on fire and our politicians still ask the question “How will we pay to put it out?”

22nd February 201922nd February 2019

This week thousands of children across the country took part in a walkout of classes to voice their anger at political inaction in tackling the ecological crisis which poses a …

Our house is on fire and our politicians still ask the question “How will we pay to put it out?” Read More
Blogs / MMT Lens

The global fight for genuinely universal healthcare is a fight we can’t afford to lose

15th February 201916th February 2019

GIMMS would like to welcome Jessica Ormerod and Deborah Harrington as its guest bloggers this week for the MMT Lens.  Jessica and Deborah, who were recently appointed to the GIMMS …

The global fight for genuinely universal healthcare is a fight we can’t afford to lose Read More
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

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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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