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
Just a brief look at the news headlines in the last few weeks should be enough to set the alarm bells ringing. We are watching as the nation suffers a …
To rephrase Mahatma Gandhi ‘The future will depend on what we do today.’ Read MoreOriginally published on the Just Money website as a contribution to their Roundtable on Race and Money, this article sees David M. P. Freund, Associate Professor in the Department of …
Money is productive, and racist institutions create money Read More‘Our economic and social prospects in the coming decade depend on today’s policies. The recovery will not gain steam without more confidence which will not recover without global cooperation. Governments …
Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this! Read More‘To talk about the future is only useful if it leads to action now.’ E F Schumacher: Small is beautiful: Economics as if people mattered. The Bank of England in …
To talk about the future is only useful if it leads to action now Read More‘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‘Care homes have been top priority for the government’ so said the health secretary in a COVID-19 briefing earlier this week. Daily the evidence grows that this is yet more …
The question is not how we will pay for the pandemic, but how government can use its currency-issuing capacity to deal with the most pressing issues of our time. Read MoreGIMMS welcomes this week’s guest MMT Lens author Peter Martin. Peter has always taken an interest in politics and economics and considered himself vaguely Keynesian. He first came across …
Modern Monetary Theory and the COVID-19 induced economic slowdown. Read More‘No society should need permission from wealthy people to operate in a high functioning way’ Nick Hanauer A day of reckoning is coming. The exponential rise in deficit spending …
The cost of government austerity has been a one of infrastructure decay and human suffering. Our nation has paid the price. Are we ready yet to re-imagine our world? Read More“How all this plays out ultimately depends on us. The emperor is now naked and the ground for a radical paradigm shift – one based on popular sovereignty, democratic control …
COVID-19 is our practice run. Our future survival may be at stake, but the solutions are within our grasp. NOW. Read MoreFear is growing as the COVID-19 coronavirus spreads across the planet. As the media ramps up the anxiety with its daily reporting, people are crazily sweeping supermarket shelves of toilet …
After a decade of public sector cuts, it is time to learn the lesson that austerity has consequences for us all. Read More