The UN report
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 MoreTag: deficit
Put the Planet and the People First and the Fiscal Deficit Will Look After Itself
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 MoreBudget Day 2018: The Gower Initiative Rules for a Successful Public Purpose Budget
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 MoreMove over TINA, here comes TARA. There Are Real Alternatives!
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 MoreModern Monetary Theory – a brief introduction
What is ‘the economy’? If you listened to any Chancellor since the late 70s, you would be forgiven for gaining the impression that it is all about ‘debt’ and ‘deficit’ …
Modern Monetary Theory – a brief introduction Read More