The Gower Initiative for Modern Money Studies
An independent, non-profit organisation – part of a growing international movement challenging the economic orthodoxy of the last five decades
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 MoreKeeping with this week’s MMT Lens theme our regular Sunday reblog is by Edward Miller who is a senior campaigner for economic fairness at GETUP in Australia. In this detailed …
A Universal Job Guarantee: An End To The Neoliberal Employment Landscape? Read MoreToday we are glad to reblog an article by Prue Plumridge, GIMMS events facilitator, which she wrote for Think Left in 2017. The original article can be seen here Society …
Pensions: Thatcher’s vision is coming to fruition Read MoreEllis 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 …
On National Government Spending, Taxation, and Bank Lending in the United Kingdom Read MoreOver 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 MoreEllis 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 MoreIn this post, Professor Bill Mitchell provides a reference guide to the basic principles of MMT as seen by himself and another of the original MMT developers, Warren Mosler. This …
When two original MMT developers get together to discuss their work Read MoreMMT turns conventional thinking about money on its head. What looks like a convention for enabling exchange or a commodity like gold is, in reality, something very different. Money defines …
The Unheard-of Center: Critique after Modern Monetary Theory Read MoreThe world is on the threshold of great change as the era of market liberalism starts to unravel, leaving it exposed to economic uncertainty and the rise of fascism in …
Polanyi Against the Whirlwind Read More