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
“I suppose there hasn’t been a single month since the war, in any trade you care to name, in which there weren’t more men than jobs. It’s brought a peculiar, …
More than tinkering around the edges is needed to bring about a better world Read MoreBy Carlos García Hernández Article originally published in Spanish by El Común here. On the 4th of April Robert Mundell, the Canadian Nobel laureate in economics, died at the age …
The Concept of an Optimal Currency Area, and why the EU has failed to create it. Read MoreYou cannot carry out fundamental change without a certain amount of madness. In this case, it comes from nonconformity, the courage to turn your back on the old formulas, the …
Is the forecast growth in consumer spending actually good news? Read More‘The world was created with everything needed within it. Yet, mankind remains the biggest threat to its destruction.’ Oladosu Adenike – ecofeminist, climate justice activist and agricultural economist. In …
A just transition to a sustainable, fairer world. Not short-term fixes Read More‘We are not defenders of the river. We are the river.’ Fisherman, Magdalena River, Colombia From Less is More by Jason Hickel Spring has arrived. After a long, arduous …
Time to aim for better than “normal” Read More“OK…SO WHERE DOES THE FUNDING COME FROM?” It depends on what we are talking about. If we are talking about universal health care, a Job Guarantee, infrastructure work, etc., the …
Have we had enough of market-led dogma yet? Read MoreMMT is a description of the monetary system. It is not something you can “switch to”, “implement”, or “use”. It merely describes what already is. The description, once understood, implies …
Money for bombs, but not for people? Read More“We could be collaborating with each other and with our ecosystem to create a beautiful, awesome, healthy world. Instead, we’re all competing with each other working meaningless jobs creating pieces …
What do we want from an economic recovery? Read MoreToo large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read MoreAndrew Berkeley Richard Tye Neil Wilson First published 26th December 2020. This version published 21st February 2021 An Accounting Model of the UK Exchequer 2nd edition In this …
An Accounting Model of the UK Exchequer – 2nd edition Read More