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Tag: MMT

Blogs / MMT Lens

We don’t have to accept a corporate blueprint for a future world. The alternative is to forge a collective vision based on solid values and publicly provided foundations to enable human and planetary flourishing.

17th May 202017th May 2020

‘We hope this pandemic will teach us that in normal times we must build up our supplies, our infrastructure, and our institutions to be able to deal with crises. We …

We don’t have to accept a corporate blueprint for a future world. The alternative is to forge a collective vision based on solid values and publicly provided foundations to enable human and planetary flourishing. Read More
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

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.

2nd May 20202nd May 2020

‘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 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 / Reblog

Fundraisers v Public Money for NHS

19th April 202019th April 2020

GIMMS is pleased to have permission to reblog this article from @pamos19. Originally published on her Idle Obs blog site here   “Charity is a cold grey loveless thing. If …

Fundraisers v Public Money for NHS Read More
Blogs / MMT Lens

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?

18th April 2020

‘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
Blogs / MMT Lens

COVID-19 is our practice run. Our future survival may be at stake, but the solutions are within our grasp. NOW.

10th April 2020

“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 More
Blogs / MMT Long Read

Norwood Hanson, Paul Krugman and MMT

29th March 202028th March 2020

Phil Armstrong, University of Southampton Solent and York College  2020    1. Norwood Hanson: Is the sun going around the Earth or the Earth going around the sun?   Norwood …

Norwood Hanson, Paul Krugman and MMT Read More
Blogs / MMT Lens

A Short Comment on the UK Government’s Fiscal Policy in the Current Crisis

21st March 202021st March 2020

By Phil Armstrong, University of Southampton Solent and York College. The UK government’s significant fiscal expansion – in line with its ‘do whatever is required’[1] mantra – is, of course, …

A Short Comment on the UK Government’s Fiscal Policy in the Current Crisis 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

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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.

Latest Blogs

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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

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Inaugural UK Modern Monetary Theory Conference

25th January 20245th March 2024

Modern Monetary Theory: Key Insights, Leading Thinkers

21st January 202321st January 2023

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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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