Modern Money Consensus
by Carlos García Hernández (originally published in Spanish in El Común) I was prompted to write this article by yet another sad fatality, the death of British economist John …
Modern Money Consensus Read MoreTag: money creation
Have we had enough of market-led dogma yet?
“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 MoreAn Accounting Model of the UK Exchequer – 2nd edition
Andrew 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 MoreHappy 25th birthday, Modern Money Theory!
A 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 MoreWill rising interest rates in the future bankrupt the UK government?
For this week’s MMT Lens, GIMMS is pleased to publish a guest article by Berlin-based economist Dirk Ehnts, author of “Modern Monetary Theory and European Macroeconomics“ The Office for …
Will rising interest rates in the future bankrupt the UK government? Read MoreThe Paradox of the Two Knights
By Carlos García Hernández Article originally published in Spanish by RedMMT here Marx argues that any economic system based on private ownership of the means of production is doomed to …
The Paradox of the Two Knights Read MoreOur choices today will define our humanity and our priorities.
Overcoming poverty is not a task of charity, it is an act of justice. Like slavery and apartheid, poverty is not natural. It is manmade and can be overcome and …
Our choices today will define our humanity and our priorities. Read MoreWhat sort of future do you want for yourself and your children? If it’s not more of the same, then it’s time for some radical thinking.
Three common neoliberal threads run through this week’s news: How will the enormous sums of money borrowed by the government to hold up the Covid-19 ailing economy be paid for? …
What sort of future do you want for yourself and your children? If it’s not more of the same, then it’s time for some radical thinking. Read MoreMoney is productive, and racist institutions create money
Originally published on the Just Money website as a contribution to their Roundtable on Race and Money, this article sees David M. P. Freund, Associate Professor in the Department of …
Money is productive, and racist institutions create money Read MoreThe question is not how we will pay for the pandemic, but how government can use its currency-issuing capacity to deal with the most pressing issues of our time.
‘Care homes have been top priority for the government’ so said the health secretary in a COVID-19 briefing earlier this week. Daily the evidence grows that this is yet more …
The question is not how we will pay for the pandemic, but how government can use its currency-issuing capacity to deal with the most pressing issues of our time. Read More