The Gower Initiative for Modern Money Studies
An independent, non-profit organisation – part of a growing international movement challenging the economic orthodoxy of the last five decades
“We stand now where two roads diverge. But unlike the roads in Robert Frost’s familiar poem, they are not equally fair. The road we have long been traveling is deceptively …
Excuse us but we need to talk about the Green New Deal. Read MoreCapitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor …
Is a Universal Basic Income the answer to poverty? Read MoreThis week thousands of children across the country took part in a walkout of classes to voice their anger at political inaction in tackling the ecological crisis which poses a …
Our house is on fire and our politicians still ask the question “How will we pay to put it out?” Read More“Any man can make mistakes, but only an idiot persists in his error,” said the Roman philosopher Cicero. Now that we know how inequality harms the health of societies, individuals, and …
Why fixing poverty and inequality does not depend on a benevolent global wealthy elite Read MoreIn an age of endless consumption which keeps the economic wheels turning it is no surprise that our leaders have failed dismally to address adequately the very real and long-term …
Post-Growth and MMT Read MoreThe 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 …
Polanyi Against the Whirlwind Read MoreThe Chancellor of the Exchequer, Philip Hammond, delivered his Autumn Budget on Monday. Hammond took an upbeat tone, congratulating the public for its hard work and sacrifice which were now …
Put the Planet and the People First and the Fiscal Deficit Will Look After Itself Read MoreSeen through the MMT lens, the success of the Chancellor’s Budget would be measured against a set of criteria agreed through the democratic process in the interests of the nation’s …
Budget Day 2018: The Gower Initiative Rules for a Successful Public Purpose Budget Read MoreFollowing the very successful launch of GIMMS last week welcome to our second blog. The GIMMS team have been both delighted and excited by the response both on the day …
The Economics of Climate Change Read More