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
A guest post by Dirk Ehnts, originally published in German here On Monday, January 29, 1996, Warren B. Mosler, Director of Economic Analysis at III Finance, wrote a message …
Happy 25th birthday, Modern Money Theory! Read More‘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 MoreBy Carlos García Hernández Article originally published in Spanish by RedMMT here Marx argues that any economic system based on private ownership of the means of production is doomed to …
The Paradox of the Two Knights Read MoreDear Dominic One all night sesh we had playing Monopoly in college and the banker ran out of money. We just wrote out more notes and it worked fine. Should …
Breaking free from false economic narratives Read More“When the MMT coin drops and you realise the suffering is gratuitous” Stephanie Kelton In this week’s blog, hunger is on the menu yet again. Gratuitous hunger and hardship. Gratuitous …
Ending needless suffering Read MoreIf we cherish a desire for a fairer and more equitable society, then now is the time to ‘Persist until something happens!’ “We must make sure that the government do …
Child hunger is an avoidable tragedy Read MoreThe Gower Initiative for Modern Money Studies Published online 24th October 2020 Full Document Introduction The purpose of this white paper is to outline the fundamentals of MMT …
Modern Monetary Theory (MMT) White Paper – UK Read MoreOvercoming poverty is not a task of charity, it is an act of justice. Like slavery and apartheid, poverty is not natural. It is manmade and can be overcome and …
Our choices today will define our humanity and our priorities. Read More‘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 MoreThe old world is dying, and the new world struggles to be born; now is the time of monsters. Antonio Gramsci In the week that the Chancellor Rishi Sunak announced …
Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead. Read More