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Tag: Climate Change

Blogs / MMT Lens

Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor

9th July 20229th July 2022

“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …

Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor Read More
Blogs / MMT Lens

Growing discontent as the cost of living rise continues to bite

26th June 2022

“An attitude to life which seeks fulfilment in the single-minded pursuit of wealth – in short, materialism – does not fit into this world, because it contains within itself no …

Growing discontent as the cost of living rise continues to bite Read More
Blogs / MMT Lens

The Government, like the Pied Piper, marches the nation back to Dickensian Britain

29th May 2022

“Please spread the word. We need to end the ‘state is like household’ analogy. The main constraint on govt. spending is the productive capacity and resources in the economy and …

The Government, like the Pied Piper, marches the nation back to Dickensian Britain Read More
Blogs / MMT Lens

The needs of people must prevail over myths of a duty to balance the books

10th April 202210th April 2022

“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage to move in the opposite direction.” …

The needs of people must prevail over myths of a duty to balance the books Read More
Blogs / MMT Lens

Out-of-touch Chancellor’s Spring Statement fails to help those most in need

27th March 202227th March 2022

“Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilisation.” John Maynard Keynes   This week, amidst continuing global …

Out-of-touch Chancellor’s Spring Statement fails to help those most in need Read More
Blogs / MMT Lens

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference

7th November 2021

You cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read More
Blogs / MMT Lens

Budget 2021 – Those with the least receive only crumbs

31st October 2021

You have to ask yourself: if our economic system actively destroys the biosphere *and* fails to meet most people’s basic needs, then what is actually the point? Jason Hickel – …

Budget 2021 – Those with the least receive only crumbs Read More
Blogs / MMT Lens

Conference speeches reveal the misery to come

10th October 2021

The ultimate, hidden truth of the world, is that it is something that we make, and could just as easily make differently.” David Graeber   After two weeks of party …

Conference speeches reveal the misery to come Read More
Blogs / MMT Lens

Another week of handbag economics

3rd October 2021

“The objective should be to organize the economy around human needs and well-being. If toward this end we decommodify key goods and services, or legislate longer product lifespans, use-value will …

Another week of handbag economics Read More
Blogs / MMT Lens

A broken system – where does the buck stop?

26th September 2021

Being a planetary citizen does not need space travel. It means being conscious that we are part of the universe and of the earth. The most fundamental law is to …

A broken system – where does the buck stop? Read More

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Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

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Inaugural UK Modern Monetary Theory Conference

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Modern Monetary Theory: Key Insights, Leading Thinkers

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Sara Holland @sarahollando552 ·
24 Dec

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

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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

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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

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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.

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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.

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