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
“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …
Delivering ecological, social and economic change: Join us in Birmingham to find out more Read MoreThis week the GIMMS team welcomes Carlos Garciá Hernández to the MMT Lens blog. Carlos, in this fascinating commentary, shows how Marx is unquestionably relevant to MMT. Beginning with an …
Fiat Socialism Read MoreOver the last few days there has been a story whizzing around social media that our National Insurance contributions are being used to pay off the national debt. The Fund, …
The Myths and Legends of Hypothecated National Insurance Read More‘How we treat our old people is a crucial test of our national quality. A nation that lacks gratitude to those who have honestly worked for her in the past …
Governments should be judged by the way they treat their elders not whether they balanced their accounts Read MoreFuad 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 MoreThis week GIMMS extends a very warm welcome to Phil Armstrong, our guest MMT Lens author. GIMMS published his paper “Modern Monetary Theory and a Heterodox Alternative Paradigm” earlier this week …
Where does the Magic Money Tree Grow? Read MoreIn an age of endless consumption which keeps the economic wheels turning it is no surprise that our leaders have failed dismally to address adequately the very real and long-term …
Post-Growth and MMT Read MoreAnd 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 MoreAs 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 MoreIn the news this week….. “I’m scared to eat sometimes in case we run out of food.” “We had people coming to us who hadn’t eaten for several days,” “I …
Life at the sharp end of austerity Read More