Fiat Socialism
This 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 MoreTag: Economics
The Myths and Legends of Hypothecated National Insurance
Over 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 MoreGovernments should be judged by the way they treat their elders not whether they balanced their accounts
‘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 More“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.”
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 MoreWhere does the Magic Money Tree Grow?
This 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 MorePost-Growth and MMT
In 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 MoreEducation…education…education
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 MoreThe 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 MoreLife at the sharp end of austerity
In 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 MorePut 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 More