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Blogs / Reblog

The Concept of an Optimal Currency Area, and why the EU has failed to create it.

8th May 2021

By Carlos García Hernández Article originally published in Spanish by El Común here. On the 4th of April Robert Mundell, the Canadian Nobel laureate in economics, died at the age …

The Concept of an Optimal Currency Area, and why the EU has failed to create it. Read More
Blogs / Reblog

Happy 25th birthday, Modern Money Theory!

28th January 202128th January 2021

A guest post by Dirk Ehnts, originally published in German here   On Monday, January 29, 1996, Warren B. Mosler, Director of Economic Analysis at III Finance, wrote a message …

Happy 25th birthday, Modern Money Theory! Read More
Blogs / Reblog

We pay for it by spending the money

22nd August 202026th November 2022

We would like to share an article by GIMMS associate Alan Hutchison.  This article was posted on his excellent website Matches in the Dark here. I use this as supporting …

We pay for it by spending the money Read More
Blogs / Reblog

We need to talk about Tommy…the NHS: charity, taxes and MMT

28th June 2020

In this post, originally published on Medium, Michael Berks discusses NHS funding. I’m sure you’ve all seen the story of 100-year old Captain Tom Moore, who, by walking 100 laps …

We need to talk about Tommy…the NHS: charity, taxes and MMT Read More
Blogs / Reblog

Money is productive, and racist institutions create money

14th June 202014th June 2020

Originally published on the Just Money website as a contribution to  their Roundtable on Race and Money, this article sees David M. P. Freund, Associate Professor in the Department of …

Money is productive, and racist institutions create money Read More
Blogs / Reblog

Congress and corporations join forces to crush American small business

24th May 2020

Today, GIMMS shares a guest post by Jeff Epstein on the Payroll Protection Program in the United States. Jeff is the host of the podcast, Activist #MMT (Twitter, Facebook, web), …

Congress and corporations join forces to crush American small business Read More
Blogs / Reblog

Fundraisers v Public Money for NHS

19th April 202019th April 2020

GIMMS is pleased to have permission to reblog this article from @pamos19. Originally published on her Idle Obs blog site here   “Charity is a cold grey loveless thing. If …

Fundraisers v Public Money for NHS Read More
Blogs / Reblog

#RethinkMoney – The Greatest Lie Ever Told (Probably)…#TaxAndSpend

15th December 2019

GIMMS is delighted to have permission from blogger Duncan Poundcake to reblog his article which was originally posted here   So what have we learned from the General Election of …

#RethinkMoney – The Greatest Lie Ever Told (Probably)…#TaxAndSpend Read More
Blogs / Reblog

Support Scientists Who Work for the Public Good – Let’s work to build a culture that generates scientific knowledge and technology committed to democratic values

26th May 201926th May 2019

Andrés Bernal is a scholar, theorist, and activist who serves as an advisor for Rep. Alexandria Ocasio-Cortez and shaped the jobs guarantee of the Green New Deal. He is a …

Support Scientists Who Work for the Public Good – Let’s work to build a culture that generates scientific knowledge and technology committed to democratic values 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

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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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