Modern Money Consensus
by Carlos García Hernández (originally published in Spanish in El Común) I was prompted to write this article by yet another sad fatality, the death of British economist John …
Modern Money Consensus Read MoreTag: currency issuer
Poverty and homelessness are failures of government, not individuals
‘People who don’t understand the capacities of a currency-issuing govt telling us we have no choice but to accept deaths in the community for the sake of the economy. Tell …
Poverty and homelessness are failures of government, not individuals Read MoreDealing with crucial issues must triumph over the bogus ‘need’ to balance the books.
“Our posturings, our imagined self-importance, the delusion that we have some privileged position in the Universe, are challenged by this point of pale light. Our planet is a lonely speck …
Dealing with crucial issues must triumph over the bogus ‘need’ to balance the books. Read MoreHave we had enough of market-led dogma yet?
“OK…SO WHERE DOES THE FUNDING COME FROM?” It depends on what we are talking about. If we are talking about universal health care, a Job Guarantee, infrastructure work, etc., the …
Have we had enough of market-led dogma yet? Read MoreThe Budget should be about building a just society, not balancing the books.
Too large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read MoreAn Accounting Model of the UK Exchequer – 2nd edition
Andrew Berkeley Richard Tye Neil Wilson First published 26th December 2020. This version published 21st February 2021 An Accounting Model of the UK Exchequer 2nd edition In this …
An Accounting Model of the UK Exchequer – 2nd edition Read MoreRecovery Bonds – The very opposite of what is needed.
“The same rule of self-destructive financial calculation governs every walk of life. We destroy the beauty of the countryside because the unappropriated splendors of nature have no economic value. We …
Recovery Bonds – The very opposite of what is needed. Read MoreThe “Market” is no solution for the NHS – or for any public service.
The difficulty lies not so much in developing new ideas but escaping from old ones. John Maynard Keynes This week we begin our MMT Lens with a subject which, …
The “Market” is no solution for the NHS – or for any public service. Read MoreBuild Back Better? Better for whom?
“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many …
Build Back Better? Better for whom? Read MoreEquity via democracy, not philanthropy
“Do you truly believe that life is fair, Senor de la Vega? -No, maestro, but I plan to do everything in my power to make it so.” ― Isabel Allende, Zorro There …
Equity via democracy, not philanthropy Read More