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Tag: deficit elimination

Blogs / MMT Lens

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

11th October 202022nd October 2026

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

Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead.

27th September 202022nd October 2026

The 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
Blogs / Reblog

We pay for it by spending the money

22nd August 202022nd October 2026

We would like to share an article by GIMMS associate Alan Hutchison.  This article was posted on his excellent website Matches in the Dark here. I use this as supporting …

We pay for it by spending the money Read More
Blogs / MMT Lens

What sort of future do you want for yourself and your children? If it’s not more of the same, then it’s time for some radical thinking. 

1st August 202022nd October 2026

Three common neoliberal threads run through this week’s news: How will the enormous sums of money borrowed by the government to hold up the Covid-19 ailing economy be paid for? …

What sort of future do you want for yourself and your children? If it’s not more of the same, then it’s time for some radical thinking.  Read More
Blogs / MMT Lens

To rephrase Mahatma Gandhi ‘The future will depend on what we do today.’

21st June 202022nd October 2026

Just a brief look at the news headlines in the last few weeks should be enough to set the alarm bells ringing. We are watching as the nation suffers a …

To rephrase Mahatma Gandhi ‘The future will depend on what we do today.’ Read More
Blogs / MMT Lens

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.

15th March 202022nd October 2026

In 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
Blogs / Reblog

#RethinkMoney – The Greatest Lie Ever Told (Probably)…#TaxAndSpend

15th December 201922nd October 2026

GIMMS 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 More
Blogs / MMT Lens

The time has come to talk of many things; of taxing and spending and an economic system that needs mending. 

1st December 201922nd October 2026

In 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 More
Blogs / MMT Long Read

The Rise of the Right

20th November 201922nd October 2026

GIMMS 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
Blogs / MMT Lens

Getting our priorities right. Our planet or our lives.

21st September 201922nd October 2026

This week’s MMT Lens will necessarily be shorter as GIMMS is gearing up for a busy few weeks in Brighton, London, Manchester and Leeds not to mention Wales at the …

Getting our priorities right. Our planet or our lives. 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.

Front cover of the book "The Money Sham" by Steve Laughton. The cover's illustration shwos a burning sky and flooded land with politicians shouting that there's no money and that they are fiscally responsible. People and animals are drowning in the foreground

The Money Sham addresses head-on the whole UK political-economic narrative, from the time of Newton, through the last century and up to the present day. It debunks economic myths one by one, in language that is clear to understand.

Available from Waterstones, and online.

Publisher: 
Lola Books
ISBN: 
9783982879901

Latest Blogs

The Money Sham – a new book written especially for the UK

25th July 202622nd October 2026

Modern Monetary Theory and International Trade: Developments on the Base Case for Analysis

10th April 202622nd October 2026

MMT: Towards a new social contract?

21st March 202622nd October 2026

PRESS RELEASES

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The Money Sham – a new book written especially for the UK

25th July 202622nd October 2026

Inaugural UK Modern Monetary Theory Conference

25th January 202422nd October 2026

Gower Initiative for Modern Money Studies

@gowerinitiative ·
13h

It is with great regret and a heavy heart that we are writing to tell you that, unfortunately due to circumstances beyond our control, we have had to take the decision to dissolve the Gower Initiative for Modern Money Studies. (1 of 9)

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SHolland

@sarahollando552 ·
24 Dec

True for the US
True for the U.K.
#MMT @wbmosler
@GowerInitiative

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Tally Sticks

@widespreadhaze ·
26 Dec

@grenville_1 @DanielJHannan First government does not spend by printing money.

What makes us richer are the resources that are mobilised by both government and private spending.

At the global level all financial liabilities and all financial assets offset each other, cancelling to zero. What remains are

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Tally Sticks

@widespreadhaze ·
26 Dec

@DanielJHannan Good question. The answer is simply that our ancestors ran a commodity based currency system: a silver standard. However, for centuries they utilised systems to bypass the silver constraint, such as ‘tallies of pro’. The ancient Exchequer of Receipt was in effect a clearing house

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Tally Sticks

@widespreadhaze ·
18 Dec

The money comes from MPs votes. It’s called ‘Money from Parliament’.

You are an MP and should know this, it is your job after all.

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