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Tag: fiscal responsibility

MMT Lens

We can afford to choose public purpose spending

7th November 20207th November 2020

Public 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 More
Blogs / MMT Lens

Ending needless suffering

31st October 202031st October 2020

“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 More
Blogs / MMT Lens

Our choices today will define our humanity and our priorities.

20th October 2020

Overcoming poverty is not a task of charity, it is an act of justice. Like slavery and apartheid, poverty is not natural. It is manmade and can be overcome and …

Our choices today will define our humanity and our priorities. Read More
Blogs / MMT Lens

What is the real burden that the government’s “hard choices” will pass on to future generations?

11th October 202011th October 2020

Instead 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 More
Blogs / MMT Lens

Standing at a crossroads in time

4th October 2020

‘Democracy is not just a counting up of votes, it is a counting up of actions.’ Howard Zinn Do you remember when Andy Haldane, the Chief Economist at the Bank …

Standing at a crossroads in time Read More
Blogs / MMT Lens

Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead.

27th September 202027th September 2020

The 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 More
Blogs / MMT Lens

What’s the choice?

13th September 2020

Do we accept there is no alternative to our rotten economic system or demand something different? Let’s re-examine our values and use our imaginations to redefine how we work and …

What’s the choice? Read More
Blogs / MMT Lens

Is the public purse empty?

6th September 2020

The 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
Blogs / Reblog

We pay for it by spending the money

22nd August 202026th November 2022

We would like to share an article by GIMMS associate Alan Hutchison.  This article was posted on his excellent website Matches in the Dark here. I use this as supporting …

We pay for it by spending the money Read More
Blogs / MMT Lens

We ignore the fate of our young people at our peril.

15th August 202015th August 2020

If we value a better future for all, the secret will lie in asking them what sort of world they want to live in and using their talents to create …

We ignore the fate of our young people at our peril. 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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Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
SHolland @sarahollando552 ·
24 Dec

True for the US
True for the U.K.
#MMT @wbmosler
@GowerInitiative

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Tally Sticks @widespreadhaze ·
26 Dec

@grenville_1 @DanielJHannan First government does not spend by printing money.

What makes us richer are the resources that are mobilised by both government and private spending.

At the global level all financial liabilities and all financial assets offset each other, cancelling to zero. What remains are

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Tally Sticks @widespreadhaze ·
26 Dec

@DanielJHannan Good question. The answer is simply that our ancestors ran a commodity based currency system: a silver standard. However, for centuries they utilised systems to bypass the silver constraint, such as ‘tallies of pro’. The ancient Exchequer of Receipt was in effect a clearing house

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Tally Sticks @widespreadhaze ·
18 Dec

The money comes from MPs votes. It’s called ‘Money from Parliament’.

You are an MP and should know this, it is your job after all.

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Pavlina R Tcherneva @ptcherneva ·
18 Dec

We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @JosephEStiglitz, @MazzucatoM, @Ferreras_Isa, @PikettyWIL, @srpoverty, @DarrickHamilton, @Jayati1609 and other experts by signing our letter.

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