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Tag: deficit spending

Academic Paper / Blogs / MMT Long Read

Modern Monetary Theory (MMT) White Paper – UK

24th October 20204th December 2020

The 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 More
Blogs / MMT Lens

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

11th October 202011th October 2020

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 202027th September 2020

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 / MMT Lens

What’s the choice?

13th September 2020

Do we accept there is no alternative to our rotten economic system or demand something different? Let’s re-examine our values and use our imaginations to redefine how we work and …

What’s the choice? Read More
Blogs / MMT Lens

Is the public purse empty?

6th September 2020

The government wants you to believe that the public purse is empty and needs replenishing to set the finances straight. It’s not and it doesn’t. Time to challenge the lie …

Is the public purse empty? Read More
Blogs / MMT Lens

Let’s not let the debt doomsters rule the roost!

23rd August 2020

Doing so will come at a huge human and planetary cost. In this week’s news the train crash economics of neoliberalism continues to thunder on. The government, still ensconced in …

Let’s not let the debt doomsters rule the roost! Read More
Blogs / Reblog

We pay for it by spending the money

22nd August 202026th November 2022

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

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

21st June 2020

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

To talk about the future is only useful if it leads to action now

7th June 20207th June 2020

‘To talk about the future is only useful if it leads to action now.’ E F Schumacher: Small is beautiful: Economics as if people mattered. The Bank of England in …

To talk about the future is only useful if it leads to action now Read More
Blogs / MMT Lens

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew.

10th May 2020

All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence. Martin Luther King, Jr.   While the scale of the real human tragedy of …

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew. 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.

Latest Blogs

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The Gower Intitiative for Modern Money Studies newsletter – January 2025

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PRESS RELEASES

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21st January 202321st January 2023

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Sara Holland @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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Pavlina R Tcherneva @ptcherneva ·
18 Dec

We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @JosephEStiglitz, @MazzucatoM, @Ferreras_Isa, @PikettyWIL, @srpoverty, @DarrickHamilton, @Jayati1609 and other experts by signing our letter.

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