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
“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 MoreDebunking 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“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 MoreBy 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 MoreNeil 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 MoreBy 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 MoreGIMMS 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 MoreBy 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 MoreBy Eduardo Garzón, economist. Originally published on 22 March 2019 in Spanish here. Translation by Carlos García Hernández A few days ago, the Marxist economist Michael Roberts, taking the opportunity …
Reply to Michael Roberts on Macro modelling MMT Read MoreYou cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …
COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read More