banking Archives - The Gower Initiative for Modern Money Studies

Running a Modern Money Economy

26th December 2021

Neil Wilson explains how the economy can work for the benefit of the people; how it can be the servant of society rather than its master. Originally published on Neil’s …

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Polanyi Against the Whirlwind

20th November 201822nd November 2018

The 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 …

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Prue Plumridge @prueplum ·

3 Nov

If there are Children in Need, whether its children in poverty, needing practical support for physical or mental health conditions, or indeed anything that challenges their ability to live fulfilling lives, then it should be gvt that funds it, not charitable ./

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Prue Plumridge @prueplum ·

31 Oct

All in it together. IMF gives seal of approval to Rachel Reeves budget. Tax rises will boost growth sustainably it claims. Just how? What is the logic? None of it makes any sense. A world in which a balanced budget is more important than people's lives.
https://youtu.be/GHnW_V5dfu0?si=3aGS7mpxpa-j700M

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Malcolm Reavell @malcolm_reavell ·

1 Nov

It’s good to see a politician who understands the economy correctly.
A govt deficit = the private sector surplus.
A govt surplus = a private sector deficit.
What government with any sense would deliberately impoverish the private sector, deprive it of money?
Austerity kills.

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Stephanie Kelton @stephaniekelton ·

1 Nov

Zack is putting it all together. Exciting to see.

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Patricia @patricianpino ·

1 Nov

If you don’t want the government to issue tradable debt instruments (such as gilts) , then advocate for them to stop doing that. Not for reduced government spending.

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