government debt

Name: Phil Armstrong in Conversation with Bill Mitchell
Start: 2020-09-27T12:30:00+01:00
End: 2020-09-27T13:30:00+01:00
Location: Online

August 2020
8th August 2020 @ 6:00 pm - 7:30 pm

The Post-Covid Economy

Online

What could a Post-Covid Economy look like? Join GIMMS and our speaker Philip Armstrong to find out. Covid-19 pandemic began as a public health crisis with devastating consequences in terms …

Free
September 2020
27th September 2020 @ 12:30 pm - 1:30 pm

Phil Armstrong in Conversation with Bill Mitchell

Online

Registration will begin at 12.15 pm for a prompt start at 12.30 pm GIMMS is delighted to present Phil Armstrong in conversation with Bill Mitchell. We invite you to join …

Free

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

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. >

Reply on Twitter 1995987359930753141 Retweet on Twitter 1995987359930753141 54 Like on Twitter 1995987359930753141 142 Twitter 1995987359930753141

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

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.

Reply on Twitter 1995759679197380769 Retweet on Twitter 1995759679197380769 15 Like on Twitter 1995759679197380769 62 Twitter 1995759679197380769

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

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

Reply on Twitter 1995768766987468970 Retweet on Twitter 1995768766987468970 30 Like on Twitter 1995768766987468970 106 Twitter 1995768766987468970

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

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.

Reply on Twitter 1995445067171954977 Retweet on Twitter 1995445067171954977 26 Like on Twitter 1995445067171954977 108 Twitter 1995445067171954977

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

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.

Reply on Twitter 1995421924009357809 Retweet on Twitter 1995421924009357809 5 Like on Twitter 1995421924009357809 35 Twitter 1995421924009357809

August 2020

September 2020