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Tag: deficit elimination

Blogs / MMT Lens

The barbarians may be inside the gates, but we can still defeat them

27th July 201927th July 2019

The French have a saying “plus ça change, plus c’est la même chose.” With the events of the last few days, one might consider that nothing had changed; the Tories …

The barbarians may be inside the gates, but we can still defeat them Read More
Blogs / MMT Lens

Hands up anyone who wants to save the planet and live in a fairer, more equitable world!

20th July 2019

While the Conservatives endlessly laud their economic achievements from the parallel universe they inhabit, their fantasies are countered by the growing evidence that all is not well. The stories of …

Hands up anyone who wants to save the planet and live in a fairer, more equitable world! Read More
Blogs / MMT Lens

Repeat after us…there is no social care funding gap and no tax burden on future generations

3rd May 20195th May 2019

Last week the House of Lords Committee on intergenerational fairness said that it was time to rebalance government policies to favour young people, or risk further shattering of the ‘social …

Repeat after us…there is no social care funding gap and no tax burden on future generations Read More
Blogs / Reblog

Pensions: Thatcher’s vision is coming to fruition

3rd March 20191st March 2020

Today we are glad to reblog an article by Prue Plumridge, GIMMS events facilitator, which she wrote for Think Left in 2017. The original article can be seen here  Society …

Pensions: Thatcher’s vision is coming to fruition Read More
Blogs / MMT Lens

“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.”

4th January 20194th January 2019

Fuad Alakbarov (Azerbaijani-Scottish human rights activist, political commentator and humanitarian.)   In the week before Christmas, the Secretary of State for housing claimed that the sky rocketing levels of homelessness …

“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.” Read More
Blogs / MMT Lens

Education…education…education

2nd December 20182nd December 2018

And in the news this week…   Education…education…education.   Last week the Public Accounts Committee published its findings on the sale of the student loan book.  The government was criticised …

Education…education…education Read More
Blogs / MMT Lens

The UN report

23rd November 201824th November 2018

As reported in last week’s MMT Lens Philip Alston’s report on extreme poverty and human rights is truly shocking. Far from austerity being based on the need for financial prudence, …

The UN report Read More
Blogs / MMT Lens

Put the Planet and the People First and the Fiscal Deficit Will Look After Itself

2nd November 201822nd November 2018

The 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 More
Blogs / MMT Lens

Budget Day 2018: The Gower Initiative Rules for a Successful Public Purpose Budget

29th October 201822nd November 2018

Seen 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 More
Blogs / MMT Lens

Move over TINA, here comes TARA. There Are Real Alternatives!

26th October 201822nd November 2018

The ‘Autumn Budget’ is just around the corner. The pomp and ceremony, the Chancellor’s Red Box held aloft outside Number 11, the cheers from the government benches as the Chancellor …

Move over TINA, here comes TARA. There Are Real Alternatives! 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.

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Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Stephanie Kelton @stephaniekelton ·
12 Dec

@PatriciaNPino Zack needs to explain that gilts are a privilege not an economic imperative or a fundamental human right. Say he’s prepared to take the privilege away (or return to tap system) if bond holders abuse it, and that he will not be intimidated because he understands that the purpose…

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Steven Hail @stevenhailaus ·
12 Dec

We have terrific students

McAlindon, R. 2025.  The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025

https://modernmoneylab.org.au/wp-content/uploads/2025/12/MML-Working-Paper-No-9-Dec-2025.pdf

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Steven Hail @stevenhailaus ·
12 Dec

More foolish propaganda from self-satisfied people who think everything is fine the way it is and that they have nothing to learn.

MMT is no 'conspiracy theory' and does NOT say govts should 'print and spend as much money as they like'.

Only an idiot or knave would claim so.

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Patricia @patricianpino ·
11 Dec

@spikedonline MMT isn't a conspiracy theory, nor does it say the government can print and spend as much money as they like. One expects more from journalists. Please interview an MMT economist.

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Stephanie Kelton @stephaniekelton ·
9 Dec

“The Government can always create the money it needs to fund any project that it thinks is worthwhile. And the claim that it was cheaper for the private sector to fund these activities than for the State to do so was very obviously completely and utterly wrong.”

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