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Social Get Together

Name: Social Get Together
Start: 2019-01-25T18:30:00+00:00
End: 2019-01-25T21:00:00+00:00
Location: Riverside Terrace Café, Royal Festival Hall,

25th January 2019 @ 6:30 pm - 9:00 pm

Details

Date: 25th January 2019
Time:
6:30 pm - 9:00 pm
Website: https://www.facebook.com/events/355182401727987/

Organiser

GIMMS
Email admin@gimms.org.uk
View Organiser Website

Venue

Riverside Terrace Café, Royal Festival Hall,
Southbank Center, Belvedere Rd, Lambeth
London, SE1 8XX United Kingdom + Google Map

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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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