Skip to content

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

  • Who We Are
    • Who we are
    • Objectives
    • Advisory Board
    • GIMMS Associates
    • Upcoming Events
    • Newsletters
    • Privacy Policy
    • Acknowledgements and Thanks
  • Basics
    • Introduction to MMT
    • MMT White Paper for the UK
    • FAQs
  • Job Guarantee
  • Fact Sheets
    • Origins of Modern Monetary Theory
    • A Brief History of Money
    • Sectoral Balances
    • Inflation
    • MMT and Public Policy
    • Macroeconomics
    • The Bank of England
    • Quantitative Easing
    • Gilts and Bonds
    • The Green New Deal
    • Universal Basic Income or a Job Guarantee?
    • Negative Interest Rates
  • Resources
    • Resources
    • MMT Course
    • Academic Papers
      • Working Papers
  • Blogs
    • MMT Lens
    • Reblog
    • MMT Long Read
  • Contact
  • Support Us
Main Menu

Tag: MMT

Academic Paper / Blogs / MMT Long Read

White Paper: Modern Monetary Theory (MMT)

4th July 202021st January 2025

Warren Mosler Published online 4th July 2020.  Updated 3rd November 2024.   Full Document   Introduction   The purpose of this white paper is to publicly present the fundamentals of …

White Paper: Modern Monetary Theory (MMT) Read More
Blogs / Reblog

We need to talk about Tommy…the NHS: charity, taxes and MMT

28th June 2020

In this post, originally published on Medium, Michael Berks discusses NHS funding. I’m sure you’ve all seen the story of 100-year old Captain Tom Moore, who, by walking 100 laps …

We need to talk about Tommy…the NHS: charity, taxes and MMT Read More
Blogs / MMT Lens

‘What if the Public (really) Understood How Money Works?’ Just think what we could achieve!

27th June 202027th June 2020

“There’s something invigorating about people freaking out about modern monetary theory (MMT). They treat MMT as akin to the Ark of the Covenant in the first Indiana Jones movie. They …

‘What if the Public (really) Understood How Money Works?’ Just think what we could achieve! Read More
Blogs / MMT Lens

To rephrase Mahatma Gandhi ‘The future will depend on what we do today.’

21st June 2020

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 More
Blogs / Reblog

Money is productive, and racist institutions create money

14th June 202014th June 2020

Originally 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
Blogs / MMT Lens

Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this!

13th June 202013th June 2020

‘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
Blogs / MMT Lens

To talk about the future is only useful if it leads to action now

7th June 20207th June 2020

‘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
Blogs / MMT Lens

If you clapped for the NHS and key workers, now it’s time to ACT.

30th May 2020

“Governments stand because people sit; if people stand, governments will sit!” – Mehmet Murat İldan (Turkish writer). Did you clap for the NHS and key workers? Did you cheer on …

If you clapped for the NHS and key workers, now it’s time to ACT. Read More
Blogs / Reblog

Congress and corporations join forces to crush American small business

24th May 2020

Today, GIMMS shares a guest post by Jeff Epstein on the Payroll Protection Program in the United States. Jeff is the host of the podcast, Activist #MMT (Twitter, Facebook, web), …

Congress and corporations join forces to crush American small business Read More
Blogs / MMT Lens

‘Two roads diverged in a yellow wood’. The question is which one will we take?

23rd May 2020

‘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

Posts pagination

Previous 1 … 10 11 12 … 15 Next
Follow us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn

Join our mailing list

If you would like GIMMS to let you know about news and events, please click to sign up here

Upcoming Events

Notice
There are no upcoming events.
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.

Latest Blogs

Proposals for Reforms to the Debt Management Office’s Financing Remit

15th October 202515th October 2025

A Modern Monetary Theorist’s Response to ‘Weaknesses of MMT as a guide to development policy’, Aboobaker and Ugurlu (2023).

17th September 202519th September 2025

The Gower Intitiative for Modern Money Studies newsletter – January 2025

17th January 202522nd January 2025

PRESS RELEASES

View All

Inaugural UK Modern Monetary Theory Conference

25th January 20245th March 2024

Modern Monetary Theory: Key Insights, Leading Thinkers

21st January 202321st January 2023

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
SHolland @sarahollando552 ·
24 Dec

True for the US
True for the U.K.
#MMT @wbmosler
@GowerInitiative

Reply on Twitter 2003764807657468335 Retweet on Twitter 2003764807657468335 14 Like on Twitter 2003764807657468335 25 Twitter 2003764807657468335
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Tally Sticks @widespreadhaze ·
26 Dec

@grenville_1 @DanielJHannan First government does not spend by printing money.

What makes us richer are the resources that are mobilised by both government and private spending.

At the global level all financial liabilities and all financial assets offset each other, cancelling to zero. What remains are

Reply on Twitter 2004629059410485525 Retweet on Twitter 2004629059410485525 9 Like on Twitter 2004629059410485525 29 Twitter 2004629059410485525
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Tally Sticks @widespreadhaze ·
26 Dec

@DanielJHannan Good question. The answer is simply that our ancestors ran a commodity based currency system: a silver standard. However, for centuries they utilised systems to bypass the silver constraint, such as ‘tallies of pro’. The ancient Exchequer of Receipt was in effect a clearing house

Reply on Twitter 2004597787976257665 Retweet on Twitter 2004597787976257665 7 Like on Twitter 2004597787976257665 40 Twitter 2004597787976257665
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Tally Sticks @widespreadhaze ·
18 Dec

The money comes from MPs votes. It’s called ‘Money from Parliament’.

You are an MP and should know this, it is your job after all.

Reply on Twitter 2001575235376808124 Retweet on Twitter 2001575235376808124 8 Like on Twitter 2001575235376808124 21 Twitter 2001575235376808124
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Pavlina R Tcherneva @ptcherneva ·
18 Dec

We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @JosephEStiglitz, @MazzucatoM, @Ferreras_Isa, @PikettyWIL, @srpoverty, @DarrickHamilton, @Jayati1609 and other experts by signing our letter.

Reply on Twitter 2001730060789666090 Retweet on Twitter 2001730060789666090 20 Like on Twitter 2001730060789666090 25 Twitter 2001730060789666090
Load More...

Creative Commons Attribution-ShareAlike 4.0 International License

 

 

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Copyright © 2026 The Gower Initiative for Modern Money Studies.
Powered by WordPress and HitMag.