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
“The point is, not every deficit serves the broader public good. Deficits can be used for good or evil. They can enrich a small segment of the population, lifting the …
Time to abandon fictions of how our economy functions Read MoreDear Dominic One all night sesh we had playing Monopoly in college and the banker ran out of money. We just wrote out more notes and it worked fine. Should …
Breaking free from false economic narratives Read More“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many …
Just getting by is not enough Read MoreSociety is indeed a contract. It is a partnership … not only between those who are living, but those who are dead and those who are to be born. Edmund …
The deceitful image of money scarcity has no place in our society. Read MorePublic duty and the public purpose? Or, self-serving interest? Politicians have a choice. We have a choice. The problems we face did not come down from the heavens. They are …
We can afford to choose public purpose spending Read MoreWhat is Quantitative Easing? Quantitative Easing (or QE as it is more widely known) is a type of monetary policy, used by the Bank of England to purchase financial products, …
Quantitative Easing Read More“When the MMT coin drops and you realise the suffering is gratuitous” Stephanie Kelton In this week’s blog, hunger is on the menu yet again. Gratuitous hunger and hardship. Gratuitous …
Ending needless suffering Read MoreInstead of more political rhetoric and more of the same orthodox solutions dressed up as change, we need radical progressive action to pave the way for a kinder, more equable …
What is the real burden that the government’s “hard choices” will pass on to future generations? Read MoreThe old world is dying, and the new world struggles to be born; now is the time of monsters. Antonio Gramsci In the week that the Chancellor Rishi Sunak announced …
Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead. Read MoreThe government wants you to believe that the public purse is empty and needs replenishing to set the finances straight. It’s not and it doesn’t. Time to challenge the lie …
Is the public purse empty? Read More