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Tag: Job Guarantee

Blogs / MMT Lens

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew.

10th May 2020

All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence. Martin Luther King, Jr.   While the scale of the real human tragedy of …

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew. Read More
Blogs / MMT Lens

Modern Monetary Theory and the COVID-19 induced economic slowdown.

25th April 202024th April 2020

GIMMS 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
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
Blogs / MMT Lens

The time has come to talk of many things; of taxing and spending and an economic system that needs mending. 

1st December 2019

In the news, the Prime Minister tells millions of  WASPI women affected by the changes to the state pension age that he couldn’t promise to magic up the money for …

The time has come to talk of many things; of taxing and spending and an economic system that needs mending.  Read More
Blogs / MMT Lens

Young people and workers of the world unite! You have a right to a future.

14th September 201914th September 2019

Earlier this week in New York, Greta Thunberg, Naomi Klein and other environmental activists shared a platform in an event entitled ‘The Right to a Future’. In the face of …

Young people and workers of the world unite! You have a right to a future. Read More
Blogs / MMT Lens

There is no Planet ‘B’, so we’d better save this one (and how we do it)

7th September 201914th September 2019

While climate chaos continues to make the news, from hurricanes and fires in the Amazon to melting ice in Greenland, politicians, journalists and others are still killing us softly with …

There is no Planet ‘B’, so we’d better save this one (and how we do it) Read More
Blogs / MMT Lens

Economics as if people [and the planet] mattered

22nd June 201923rd June 2019

“…increasingly we live in a world filled with the equivalents of deadly garage-door openers, unnecessary items that offer us mild and insipid comfort at the price of a dangerous and …

Economics as if people [and the planet] mattered Read More
Blogs / MMT Lens

Volunteering plays a valuable role in society, but it should never be at the expense of a paid job.

15th June 2019

Last week was Volunteering Week. Social media was brimming with warm, human stories about the work people do as volunteers. We should, without doubt, celebrate the human desire to help …

Volunteering plays a valuable role in society, but it should never be at the expense of a paid job. Read More
Blogs / MMT Long Read

The Job Guarantee: Design, Jobs, and Implementation

5th June 20194th June 2019

When people first hear of the idea of the Job Guarantee, they often mistakely liken it to Workfare. Here, in her paper from April 2018, Pavlina R. Tcherneva explains the …

The Job Guarantee: Design, Jobs, and Implementation 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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