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Tag: Climate Change

Blogs / MMT Lens

The Covid-19 pandemic shows the need for change. For a real ‘Reset’.

17th January 202117th January 2021

‘We live in capitalism. Its power seems inescapable. So did the divine right of kings.’ Ursula K Le Guin The year 2020 will be not be remembered with any great …

The Covid-19 pandemic shows the need for change. For a real ‘Reset’. Read More
Blogs / MMT Lens

What is the real burden that the government’s “hard choices” will pass on to future generations?

11th October 202011th October 2020

Instead of more political rhetoric and more of the same orthodox solutions dressed up as change, we need radical progressive action to pave the way for a kinder, more equable …

What is the real burden that the government’s “hard choices” will pass on to future generations? Read More
Blogs / MMT Lens

Standing at a crossroads in time

4th October 2020

‘Democracy is not just a counting up of votes, it is a counting up of actions.’ Howard Zinn Do you remember when Andy Haldane, the Chief Economist at the Bank …

Standing at a crossroads in time Read More
Blogs / MMT Lens

The environmental clock is still ticking onwards

19th September 202019th September 2020

We need a sustainable vision for the future and the political will to deliver it like never before     “Have we fallen into a mesmerized state that makes us …

The environmental clock is still ticking onwards Read More
Blogs / MMT Lens

‘What if the Public (really) Understood How Money Works?’ Just think what we could achieve!

27th June 202027th June 2020

“There’s something invigorating about people freaking out about modern monetary theory (MMT). They treat MMT as akin to the Ark of the Covenant in the first Indiana Jones movie. They …

‘What if the Public (really) Understood How Money Works?’ Just think what we could achieve! Read More
Blogs / MMT Lens

Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this!

13th June 202013th June 2020

‘Our economic and social prospects in the coming decade depend on today’s policies. The recovery will not gain steam without more confidence which will not recover without global cooperation.  Governments …

Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this! Read More
Blogs / MMT Lens

To talk about the future is only useful if it leads to action now

7th June 20207th June 2020

‘To talk about the future is only useful if it leads to action now.’ E F Schumacher: Small is beautiful: Economics as if people mattered. The Bank of England in …

To talk about the future is only useful if it leads to action now Read More
Blogs / MMT Lens

‘Two roads diverged in a yellow wood’. The question is which one will we take?

23rd May 2020

‘Two roads diverged in a yellow wood’ are the opening words of a poem by the celebrated poet Robert Frost. Whilst he was writing about his own personal life’s journey, …

‘Two roads diverged in a yellow wood’. The question is which one will we take? Read More
Blogs / MMT Lens

COVID-19 is our practice run. Our future survival may be at stake, but the solutions are within our grasp. NOW.

10th April 2020

“How all this plays out ultimately depends on us. The emperor is now naked and the ground for a radical paradigm shift – one based on popular sovereignty, democratic control …

COVID-19 is our practice run. Our future survival may be at stake, but the solutions are within our grasp. NOW. Read More
Blogs / MMT Lens

It’s time to start walking the talk to solve the big issues of our time – from climate change to social inequality.

25th January 2020

‘We don’t think a sustainable society needs to be stagnant, boring, uniform or rigid. It need not be, and probably could not be centrally controlled or authoritarian. It could be …

It’s time to start walking the talk to solve the big issues of our time – from climate change to social inequality. 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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Modern Monetary Theory: Key Insights, Leading Thinkers

21st January 202321st January 2023

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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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