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
“Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilisation.” John Maynard Keynes This week, amidst continuing global …
Out-of-touch Chancellor’s Spring Statement fails to help those most in need Read MoreThis post documents a 2020 paper (updated in 2021) called An Accounting Model of the UK Exchequer, and my seven-part series of interviews with all three co-authors: Richard Tye, …
An Accounting Model of the UK Exchequer (the paper, and author interviews) Read MoreNeil Wilson explains how the economy can work for the benefit of the people; how it can be the servant of society rather than its master. Originally published on Neil’s …
Running a Modern Money Economy Read MoreBy Stuart Medina Miltimore. Extract from a long interview with Warren Mosler held in Mallorca on October 14, 2021. Originally published by Red MMT in both English and Spanish Inflation …
Rendezvous in Mallorca: a conversation with Warren Mosler Read MoreGIMMS welcomes Carlos García Hernández as he introduces his new interview with Chris Williamson. “As long as the issue of any matter fraught with peril is still in doubt, and …
Carlos García Hernández interviews Chris Williamson – The Resist Movement Read MoreBy Carlos García Hernández (Originally published in Spanish in El Común) Is fiat socialism a communist proposal? This question was presented to me on 26th September in the form of …
Baseline Communism Read MoreBy Eduardo Garzón, economist. Originally published on 22 March 2019 in Spanish here. Translation by Carlos García Hernández A few days ago, the Marxist economist Michael Roberts, taking the opportunity …
Reply to Michael Roberts on Macro modelling MMT Read MoreThe ultimate, hidden truth of the world, is that it is something that we make, and could just as easily make differently.” David Graeber After two weeks of party …
Conference speeches reveal the misery to come Read MoreBy Carlos García Hernández (originally published in Spanish in El Común ) “(a) the monopolistic political power of the Chinese Communist Party (CCP) must not be challenged; (b) within the …
A Chinese socialist consensus Read More“The political class in Westminster have failed us. They inoculate themselves against the pain that we suffer. We will not forgive them, and no, we will not be patient with …
Politicians and the media coax the public to accept a new period of austerity Read More