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
Last week GIMMS covered the Conservative Party leadership contest, which this week continues unabated and dominates the news. In a game of one-upmanship, each contender woos the voters with fancy …
The week when money suddenly became available… Read More“…increasingly we live in a world filled with the equivalents of deadly garage-door openers, unnecessary items that offer us mild and insipid comfort at the price of a dangerous and …
Economics as if people [and the planet] mattered Read MoreThe public purpose is inherently a progressive agenda that strives to continually improve the material, social, physical, cultural and psychological well-being of all members of society. It is inherently ‘aspirational’ …
What makes a healthy economy and society and how can it best be delivered? Read MoreLast week the House of Lords Committee on intergenerational fairness said that it was time to rebalance government policies to favour young people, or risk further shattering of the ‘social …
Repeat after us…there is no social care funding gap and no tax burden on future generations Read More“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 MoreAnd in the news…… The IMF warns this week that the world has run out of ‘fiscal fire power’ to fight the next recession because the balance sheets of central …
The markets are not in charge, sovereign currency-issuing governments are 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 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 More