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
By Neil Wilson. Reposted with permission from Neil’s New Wayland article. The strike action by UK junior doctors has an unreal quality. It lacks the media and political actions …
Junior Doctors: your 35% payrise is already in place. Demand that it be paid Read More“Never forget that the economy is a wholly owned subsidiary of nature”. Global Boiling – Kate Mackenzie and Tim Sahay Many of us have grown up with the story of …
Economic delusions cannot save us from the climate crisis and societal decay Read More[The] method to the madness is the fact that we do need austerity to enforce a certain organisation of society which is a classist organisation based on wage labor and …
It is not the NHS that is failing us, it is the government Read Moreby Alan Hutchison · Published on his Matches in the dark website on 27th September 2018 · Updated 20th November 2020 The continuing debate about the NHS — whether it’s …
Resources, neo-colonialism and the NHS Read Moreby Alan Hutchison Published on Matches in the dark 18th October 2018 · Updated 20th November 2020 Understand spending chains and you understand a fair chunk of Modern Monetary Theory. …
Spending chains and Sankey diagrams Read MoreWhat is the mantra of ‘growth, growth, growth’ – without any structural changes or interventions to reconfigure the basic operations of the economy – but a new variant of the …
‘Mini budget’ shows contempt for ordinary people as government banks on growth at any cost Read More“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage to move in the opposite direction.” …
The needs of people must prevail over myths of a duty to balance the books Read MoreBeing a planetary citizen does not need space travel. It means being conscious that we are part of the universe and of the earth. The most fundamental law is to …
A broken system – where does the buck stop? Read MoreA country ruled by criminals needs two revolutions, one small and one big: The small revolution is to overthrow the criminal government, the big revolution is to radically undo the …
The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises Read More“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …
Concentrate on real resources to solve real problems, instead of the financial cost. Read More