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
GOWER INITIATIVE FOR MODERN MONEY STUDIES – WRITTEN EVIDENCE SND0019 – SUSTAINABILITY OF THE UK’S NATIONAL DEBT INQUIRY Introduction 1.1 The national debt has been a recurring topic …
Submission to the “Sustainability of the UK’s national debt” Inquiry 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 More“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 MoreToo large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read MoreA guest post by Dirk Ehnts, originally published in German here On Monday, January 29, 1996, Warren B. Mosler, Director of Economic Analysis at III Finance, wrote a message …
Happy 25th birthday, Modern Money Theory! 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 MoreAccording to the Office for Budget Responsibility, whose fiscal sustainability report was published last month, the news is bad. In its Executive Summary, it noted that the UK was on …
“Whatever great meaningful and impactful work we are doing now is only the beginning, let’s keep moving forward for a better tomorrow.” – George Stamatis Read MorePhil Armstrong, University of Southampton Solent and York College 2020 1. Norwood Hanson: Is the sun going around the Earth or the Earth going around the sun? Norwood …
Norwood Hanson, Paul Krugman and MMT Read MoreEllis Winningham is a retired US-based economist, Modern Monetary Theory advocate and campaigner who works with relentless passion through his website blogs and social media work to inform and raise …
The Bond Market Doesn’t Control Anything; the Currency-Issuing National Government Does Read More