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
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 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 MoreThis 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 MoreWhy 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 MoreIn 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 MoreEarlier 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 MoreWhile 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“…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 MoreLast 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 MoreWhen 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