MAcroeconomics basics

There are no upcoming events.

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

SHolland @sarahollando552 ·

24 Dec

True for the US
True for the U.K.
#MMT @wbmosler
@GowerInitiative

Reply on Twitter 2003764807657468335 Retweet on Twitter 2003764807657468335 15 Like on Twitter 2003764807657468335 23 Twitter 2003764807657468335

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Tally Sticks @widespreadhaze ·

26 Dec

@grenville_1 @DanielJHannan First government does not spend by printing money.

What makes us richer are the resources that are mobilised by both government and private spending.

At the global level all financial liabilities and all financial assets offset each other, cancelling to zero. What remains are

Reply on Twitter 2004629059410485525 Retweet on Twitter 2004629059410485525 8 Like on Twitter 2004629059410485525 27 Twitter 2004629059410485525

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Tally Sticks @widespreadhaze ·

26 Dec

@DanielJHannan Good question. The answer is simply that our ancestors ran a commodity based currency system: a silver standard. However, for centuries they utilised systems to bypass the silver constraint, such as ‘tallies of pro’. The ancient Exchequer of Receipt was in effect a clearing house

Reply on Twitter 2004597787976257665 Retweet on Twitter 2004597787976257665 6 Like on Twitter 2004597787976257665 36 Twitter 2004597787976257665

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Tally Sticks @widespreadhaze ·

18 Dec

The money comes from MPs votes. It’s called ‘Money from Parliament’.

You are an MP and should know this, it is your job after all.

Reply on Twitter 2001575235376808124 Retweet on Twitter 2001575235376808124 6 Like on Twitter 2001575235376808124 18 Twitter 2001575235376808124

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Pavlina R Tcherneva @ptcherneva ·

18 Dec

We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @JosephEStiglitz, @MazzucatoM, @Ferreras_Isa, @PikettyWIL, @srpoverty, @DarrickHamilton, @Jayati1609 and other experts by signing our letter.

Reply on Twitter 2001730060789666090 Retweet on Twitter 2001730060789666090 20 Like on Twitter 2001730060789666090 24 Twitter 2001730060789666090