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
GOWER INITIATIVE FOR MODERN MONEY STUDIES – WRITTEN EVIDENCE SND0019 – SUSTAINABILITY OF THE UK’S NATIONAL DEBT INQUIRY Introduction 1.1 The national debt has been a recurring topic …
Submission to the “Sustainability of the UK’s national debt” Inquiry Read Moreby 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 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 MoreA guest post by Dirk Ehnts, originally published in German here On Monday, January 29, 1996, Warren B. Mosler, Director of Economic Analysis at III Finance, wrote a message …
Happy 25th birthday, Modern Money Theory! Read MoreWhat are Negative Interest Rates? The Bank Rate[1] is the rate of interest that the Bank of England pays commercial banks on any money (reserves) they hold with the Bank. …
Negative Interest Rates Read MoreIn this age of fiscal austerity the viability of the NHS as a publicly funded and delivered service has been constantly called into question. Those challenging the necessity for cuts …
Is world-leading NHS healthcare an affordable proposition? Read MoreAn internet search will tell you that Bonds are savings products issued by companies and governments to raise money to fund their investments. For private entities or ‘currency-users’, this is …
Gilts and Bonds Read MoreEllis Winningham is a retired US-based economist, Modern Monetary Theory advocate and campaigner who works with relentless passion through his website blogs and social media work to inform and raise …
The Bond Market Doesn’t Control Anything; the Currency-Issuing National Government Does Read More