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: Economy
Life 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 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 MoreLaunch of the Gower Initiative for Modern Money Studies
The Gower Initiative for Modern Money Studies launches in London today. We are looking forward to a full programme and are delighted to welcome our keynote speaker Professor William Mitchell, …
Launch of the Gower Initiative for Modern Money Studies Read MoreThe Bank of England
The role of the Bank of England It is responsible for operating monetary policy by moving the interest rate (formally known as the Bank Rate) up and down in certain circumstances. …
The Bank of England 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