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Tag: MMT

Blogs / MMT Lens

Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor

9th July 20229th July 2022

“Have we fallen into a mesmerized state that makes us accept as inevitable that which is inferior or detrimental, as though having lost the will or the vision to demand …

Johnson resigns, but the toxic market-driven ideology will remain, whoever his successor Read More
MMT Long Read / Working Papers

MMT Banking Primer

5th June 20225th June 2022

by Jonathan Wilson First published April 8, 2022, on the PMPE website (PDF). Comments may be left via the form below or sent via email to GIMMS   Modern Monetary …

MMT Banking Primer Read More
Blogs / MMT Lens

The Government, like the Pied Piper, marches the nation back to Dickensian Britain

29th May 2022

“Please spread the word. We need to end the ‘state is like household’ analogy. The main constraint on govt. spending is the productive capacity and resources in the economy and …

The Government, like the Pied Piper, marches the nation back to Dickensian Britain Read More
Blogs / Reblog

Reblog – No, MMT Didn’t Wreck Sri Lanka

15th May 2022

Debunking Bloomberg with Fadhel Kaboub Written by Stephanie Kelton Originally published on Stephanie Kelton’s “The Lens” on 29th April 2022. Last week, Bloomberg touted an opinion piece (written by one …

Reblog – No, MMT Didn’t Wreck Sri Lanka Read More
Blogs / MMT Lens

Out-of-touch Chancellor’s Spring Statement fails to help those most in need

27th March 202227th March 2022

“Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilisation.” John Maynard Keynes   This week, amidst continuing global …

Out-of-touch Chancellor’s Spring Statement fails to help those most in need Read More
Blogs / Reblog

How the Government’s Super-Platinum Credit Card Works

18th January 202218th January 2022

By Neil Wilson. Reblogged from Wilson’s New Wayland website   Modern Monetary Theory explains that monetarily sovereign governments (like the US, UK, and Japan) can issue money without first raising …

How the Government’s Super-Platinum Credit Card Works Read More
Blogs / Reblog

Running a Modern Money Economy

26th December 2021

Neil Wilson explains how the economy can work for the benefit of the people; how it can be the servant of society rather than its master. Originally published on Neil’s …

Running a Modern Money Economy Read More
Blogs / MMT Long Read

Rendezvous in Mallorca: a conversation with Warren Mosler

19th December 2021

By Stuart Medina Miltimore. Extract from a long interview with Warren Mosler held in Mallorca on October 14, 2021. Originally published by Red MMT in both English and Spanish Inflation …

Rendezvous in Mallorca: a conversation with Warren Mosler Read More
Blogs / MMT Lens

Carlos García Hernández interviews Chris Williamson – The Resist Movement

11th December 2021

GIMMS welcomes Carlos García Hernández as he introduces his new interview with Chris Williamson. “As long as the issue of any matter fraught with peril is still in doubt, and …

Carlos García Hernández interviews Chris Williamson – The Resist Movement Read More
Blogs / Reblog

Baseline Communism

21st November 2021

By Carlos García Hernández (Originally published in Spanish in El Común) Is fiat socialism a communist proposal?  This question was presented to me on 26th September in the form of …

Baseline Communism 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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