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Tag: Environmental issues

Blogs / MMT Lens

Humanity sits at a crossroads as politicians re-sell the politics of public austerity

15th October 202315th October 2023

‘Growth is one of the stupidest purposes ever invented by any culture. We’ve got to have an ‘enough’. Always ask growth of what, and why, and for whom, and who …

Humanity sits at a crossroads as politicians re-sell the politics of public austerity Read More
Blogs / MMT Lens

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference

7th November 2021

You cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …

COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read More
Blogs / MMT Lens

Budget 2021 – Those with the least receive only crumbs

31st October 2021

You have to ask yourself: if our economic system actively destroys the biosphere *and* fails to meet most people’s basic needs, then what is actually the point? Jason Hickel – …

Budget 2021 – Those with the least receive only crumbs Read More
Blogs / MMT Lens

A broken system – where does the buck stop?

26th September 2021

Being a planetary citizen does not need space travel. It means being conscious that we are part of the universe and of the earth. The most fundamental law is to …

A broken system – where does the buck stop? Read More
Blogs / MMT Lens

The golden era of greenwashing

15th August 202115th August 2021

The “economy” is ultimately our material relationship with each other and with the rest of the living world. As today’s IPCC report settles in, we have to decide whether we …

The golden era of greenwashing Read More
Blogs / MMT Lens

The cost of Covid-19 is no reason to put off tackling inequality and climate change

8th August 20218th August 2021

“Emperor Nero, it’s said, fiddled while Rome burned. If you don’t want our politicians to continue to follow his example while the world burns, get politically active now.” Thom Hartmann …

The cost of Covid-19 is no reason to put off tackling inequality and climate change Read More
Blogs / MMT Lens

Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery

4th July 2021

“We can pretend that extending the status quo into the future, unchanged, is one of the options available to us. But that is a fantasy. Change is coming one way …

Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery Read More
Blogs / MMT Lens

The G7 jolly – a symbol of everything that is wrong with the global economic system.

20th June 2021

“The kind of transformation that is now required [to address the climate crisis] will happen only if it is treated as a civilizational mission, in our country and in every …

The G7 jolly – a symbol of everything that is wrong with the global economic system. Read More
Blogs / MMT Lens

Dealing with crucial issues must triumph over the bogus ‘need’ to balance the books.

15th May 202115th May 2021

“Our posturings, our imagined self-importance, the delusion that we have some privileged position in the Universe, are challenged by this point of pale light. Our planet is a lonely speck …

Dealing with crucial issues must triumph over the bogus ‘need’ to balance the books. Read More
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

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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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