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Tag: Environment

Blogs / MMT Lens

Is the forecast growth in consumer spending actually good news?

2nd May 2021

You cannot carry out fundamental change without a certain amount of madness. In this case, it comes from nonconformity, the courage to turn your back on the old formulas, the …

Is the forecast growth in consumer spending actually good news? Read More
Blogs / MMT Lens

A just transition to a sustainable, fairer world. Not short-term fixes

25th April 202125th April 2021

‘The world was created with everything needed within it. Yet, mankind remains the biggest threat to its destruction.’ Oladosu Adenike – ecofeminist, climate justice activist and agricultural economist.   In …

A just transition to a sustainable, fairer world. Not short-term fixes Read More
Blogs / MMT Lens

Time to aim for better than “normal”

18th April 2021

‘We are not defenders of the river. We are the river.’ Fisherman, Magdalena River, Colombia From Less is More by Jason Hickel   Spring has arrived. After a long, arduous …

Time to aim for better than “normal” Read More
Blogs / MMT Lens

Money for bombs, but not for people?

21st March 2021

MMT is a description of the monetary system. It is not something you can “switch to”, “implement”, or “use”. It merely describes what already is. The description, once understood, implies …

Money for bombs, but not for people? Read More
Blogs / MMT Lens

The environmental clock is still ticking onwards

19th September 202019th September 2020

We need a sustainable vision for the future and the political will to deliver it like never before     “Have we fallen into a mesmerized state that makes us …

The environmental clock is still ticking onwards Read More
Academic Paper / Blogs / MMT Long Read

Time For Informed Change. Post Covid-19 Economics

13th August 202013th August 2020

Philip Armstrong Nick Potts Solent University, Southampton, UK   Published online 13th August 2020   Full article   Abstract   In these extraordinary times it might just be that heterodox …

Time For Informed Change. Post Covid-19 Economics Read More
Blogs / MMT Lens

‘Two roads diverged in a yellow wood’. The question is which one will we take?

23rd May 2020

‘Two roads diverged in a yellow wood’ are the opening words of a poem by the celebrated poet Robert Frost. Whilst he was writing about his own personal life’s journey, …

‘Two roads diverged in a yellow wood’. The question is which one will we take? Read More
Blogs / MMT Lens

It’s time to start walking the talk to solve the big issues of our time – from climate change to social inequality.

25th January 2020

‘We don’t think a sustainable society needs to be stagnant, boring, uniform or rigid. It need not be, and probably could not be centrally controlled or authoritarian. It could be …

It’s time to start walking the talk to solve the big issues of our time – from climate change to social inequality. Read More
Blogs / MMT Lens

This is no time for despondency or pulling the duvet over our heads. This is a time to regroup in solidarity to understand the problems and find solutions; our future depends on it. Let’s organise!

11th January 202011th January 2020

This time of the year is for making new year’s resolutions and this year was no exception. A local radio channel reported that a survey had revealed that the most …

This is no time for despondency or pulling the duvet over our heads. This is a time to regroup in solidarity to understand the problems and find solutions; our future depends on it. Let’s organise! Read More

The Green New Deal

Why do we need a Green New Deal? The problem…   The planet is facing a growing ecological and social crisis which stems from the structure of capitalist economies built …

The Green New Deal Read More

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Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

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Patricia @patricianpino ·
2 Dec

A short🧵 on MMT & power: First and foremost MMT is a description & does not contain a prescribed pathway for working class liberation. That was not what MMT as a theory set out to do. However, even a description has political implications & here I set out a couple. >

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Steven Hail @stevenhailaus ·
2 Dec

This nonsense is a symptom of living within an essentially barter/full employment model, and having no understanding of monetary systems and balance sheet mechanics, let alone having a view of how people think which is in defiance of reality.

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Steven Hail @stevenhailaus ·
2 Dec

Oh, my God.

You are trying my patience beyond its limit

The institutional set-up in the UK clearly involves currency issuance

Read this, in the Journal of Economic Issues - The Self-Financing State: An Institutional Analysis of... the United Kingdom:

https://www.tandfonline.com/doi/pdf/10.1080/00213624.2025.2533726

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Warren B. Mosler @wbmosler ·
1 Dec

@WolfgangWa1642 @pontus_rendahl I 'invented'/developed what's popularized as MMT.
I'd never read Keynes (or any of the others). It all came from my capital markets experience.
Still does.
Keynes never recognized the source of the price level, or had the understanding that tax liabilities cause unemployment.

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Steven Hail @stevenhailaus ·
1 Dec

Incidentally, something similar happened a couple of years later, when I was preparing people for the Chartered Institute of Bankers qualifying exams. A banker said 'great course, but you know it doesn't work like that, don't you?'. Again, I later learned he (and MMT) was right.

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