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
By Neil Wilson. Reposted with permission from Neil’s New Wayland article. The strike action by UK junior doctors has an unreal quality. It lacks the media and political actions …
Junior Doctors: your 35% payrise is already in place. Demand that it be paid Read MoreBy Carlos García Hernández Originally published in Spanish on 1/7/23. Definition of a State: a territory with fixed borders under a central authority with the capacity to …
A practical exercise for the reconstruction of the Left Read MoreCatherine Armstrong [1], The University of York, 2023 Introduction The Universal Basic Income (UBI) guarantees every adult an income. The Job Guarantee (JG) provides employment to everyone willing and …
Should we favour a Job Guarantee over a Universal Basic Income as a means of achieving a more socially just society? Read MoreMMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …
While opposing political parties play the fiscal credibility game, people get hurt. Read More“It is a trope of twentieth and twenty-first century-life that governments faced with financial shortfalls look first to the services they provide their citizens when making cuts. Instances like these …
Politicians’ fine-sounding pledges offer little more than a deceitful illusion when sound finances dictate the strategy Read More“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …
Collapsing services and neglected people in a disintegrating society that could be thriving Read More‘It needs to be understood how governments have facilitated inequality in the world. Billionaires don’t happen naturally. The rules by which a country’s economy operates is controlled by governments. If …
Money for big business and war but not for the public good Read More“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …
Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. Read MoreWhat is the mantra of ‘growth, growth, growth’ – without any structural changes or interventions to reconfigure the basic operations of the economy – but a new variant of the …
‘Mini budget’ shows contempt for ordinary people as government banks on growth at any cost Read More“An attitude to life which seeks fulfilment in the single-minded pursuit of wealth – in short, materialism – does not fit into this world, because it contains within itself no …
Growing discontent as the cost of living rise continues to bite Read More