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
“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‘We hope this pandemic will teach us that in normal times we must build up our supplies, our infrastructure, and our institutions to be able to deal with crises. We …
We don’t have to accept a corporate blueprint for a future world. The alternative is to forge a collective vision based on solid values and publicly provided foundations to enable human and planetary flourishing. Read MorePhil Armstrong, University of Southampton Solent and York College 2020 1. Norwood Hanson: Is the sun going around the Earth or the Earth going around the sun? Norwood …
Norwood Hanson, Paul Krugman and MMT Read MoreMarcus Tullius Cicero was a Roman statesman, lawyer and academic sceptic philosopher. He wrote ‘The Safety of the People shall be the Highest Law.’ This week, it was reported that …
Rishi Sunak is wrong. ‘Righting the ship’ won’t require any taxpayers to ‘chip in’ to cover the cost of his spending plans – not now, in the future, or ever. Read MoreBy Phil Armstrong, University of Southampton Solent and York College. The UK government’s significant fiscal expansion – in line with its ‘do whatever is required’[1] mantra – is, of course, …
A Short Comment on the UK Government’s Fiscal Policy in the Current Crisis Read MoreIn 2010 the newly elected Conservative government, using smoke and mirrors, turned what was a private debt crisis caused by global reckless greed and speculation by financial markets into a …
The government’s spending promises have shown the need for austerity is a lie and a sham. It’s time to hold the government to account for its political decisions, not its fiscal prudence or otherwise. Read More“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.” ― Fuad Alakbarov, Exodus What links Spain and the UK? Some might say tourism as millions …
There is an alternative so let’s keep PUSHing until something happens! Keep challenging the status quo and undoubtedly it will! Read MoreGIMMS is delighted to have permission from blogger Duncan Poundcake to reblog his article which was originally posted here So what have we learned from the General Election of …
#RethinkMoney – The Greatest Lie Ever Told (Probably)…#TaxAndSpend Read MoreIn the news, the Prime Minister tells millions of WASPI women affected by the changes to the state pension age that he couldn’t promise to magic up the money for …
The time has come to talk of many things; of taxing and spending and an economic system that needs mending. Read MoreGIMMS is pleased to be able to present for our MMT Long Read two chapters of the book “The Rise of the Right – English nationalism and the transformation of …
The Rise of the Right Read More