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
“The purpose of government is to ensure that everyone has what they need to live a good life. That means giving every child the very best start in life, caring …
Inflation is not what we should be worried about right now Read Moreby 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 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 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 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 MoreFor 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 MoreBy 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 MoreOvercoming 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 MoreThree 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 MoreOriginally 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 More