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
Over the last few years, the subject of mental health services has increasingly made the news headlines. A quick search engine query says it all: ‘Damning report finds serious failings …
The underfunding of mental health services is a political choice. There is an alternative. Read MoreResounding cheers from audiences bring mighty puffs and glows to those politicians promising to fund their spending ambitions with cash recovered from tax-havens in distant islands. But how much could …
Is there a critical shortage of rich people? Read MoreKeeping with this week’s MMT Lens theme our regular Sunday reblog is by Edward Miller who is a senior campaigner for economic fairness at GETUP in Australia. In this detailed …
A Universal Job Guarantee: An End To The Neoliberal Employment Landscape? Read MoreCapitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor …
Is a Universal Basic Income the answer to poverty? Read MoreThis week the GIMMS team welcomes Carlos Garciá Hernández to the MMT Lens blog. Carlos, in this fascinating commentary, shows how Marx is unquestionably relevant to MMT. Beginning with an …
Fiat Socialism Read MoreThis week thousands of children across the country took part in a walkout of classes to voice their anger at political inaction in tackling the ecological crisis which poses a …
Our house is on fire and our politicians still ask the question “How will we pay to put it out?” Read MoreThe GIMMS team would like to share with you all our thoughts and impressions of the very first European MMT conference which took place in Berlin over last weekend. It …
GIMMS goes to Berlin! Read MoreIn this post, Professor Bill Mitchell provides a reference guide to the basic principles of MMT as seen by himself and another of the original MMT developers, Warren Mosler. This …
When two original MMT developers get together to discuss their work Read MoreModern Monetary Theory can help us to think differently about public policy Modern Monetary Theory is not prescriptive. It describes how a post gold-standard, fiat money system operates and explains …
MMT and Public Policy Read MoreA Job Guarantee (JG) that works to keep inflation down as it provides employment to anyone willing and able to work is central to MMT. Employment rates are important in …
Job Guarantee Read More