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 More‘People who don’t understand the capacities of a currency-issuing govt telling us we have no choice but to accept deaths in the community for the sake of the economy. Tell …
Poverty and homelessness are failures of government, not individuals Read More“Our posturings, our imagined self-importance, the delusion that we have some privileged position in the Universe, are challenged by this point of pale light. Our planet is a lonely speck …
Dealing with crucial issues must triumph over the bogus ‘need’ to balance the books. 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“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 More“The same rule of self-destructive financial calculation governs every walk of life. We destroy the beauty of the countryside because the unappropriated splendors of nature have no economic value. We …
Recovery Bonds – The very opposite of what is needed. Read MoreThe difficulty lies not so much in developing new ideas but escaping from old ones. John Maynard Keynes This week we begin our MMT Lens with a subject which, …
The “Market” is no solution for the NHS – or for any public service. Read More