Currency, coercion and campuses
by Alan Hutchison · Published on his Matches in the dark website on 27th September 2018 · Updated 20th November 2020 I use this as supporting notes for a very …
Currency, coercion and campuses Read MoreTag: Modern Monetary Theory
Spending chains and Sankey diagrams
by Alan Hutchison Published on Matches in the dark 18th October 2018 · Updated 20th November 2020 Understand spending chains and you understand a fair chunk of Modern Monetary Theory. …
Spending chains and Sankey diagrams Read More“Scrooge” Hunt’s Autumn Statement leads us to the darkness of a new round of austerity
‘The ultimate test of man’s conscience may be his willingness to sacrifice something today for future generations whose words of thanks will not be heard.’ Gaylord Nelson, founder of Earth …
“Scrooge” Hunt’s Autumn Statement leads us to the darkness of a new round of austerity Read MoreDon’t let the black hole debt doomsters suck us in with their lies. Enough is enough.
“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …
Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. Read MoreHere we go for another round of Conservative musical chairs! But outside the circus, life remains bleak.
“The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It …
Here we go for another round of Conservative musical chairs! But outside the circus, life remains bleak. Read MoreParty conferences dish up pie-based economics
The ‘government as household’ myth is directly responsible for neoliberal governments getting away with treating the welfare of citizens (those they are meant to represent) as non-essential discretionary spending. As …
Party conferences dish up pie-based economics Read More‘Mini budget’ shows contempt for ordinary people as government banks on growth at any cost
What is the mantra of ‘growth, growth, growth’ – without any structural changes or interventions to reconfigure the basic operations of the economy – but a new variant of the …
‘Mini budget’ shows contempt for ordinary people as government banks on growth at any cost Read MoreAs Britain deals with hunger, record temperatures and wildfires, Tory candidates bicker over tax cuts and borrowing
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller While the Tory leadership hopefuls have …
As Britain deals with hunger, record temperatures and wildfires, Tory candidates bicker over tax cuts and borrowing Read MoreJohnson resigns, but the toxic market-driven ideology will remain, whoever his successor
“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 MoreMMT Banking Primer
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