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
“MMT is fully consistent with the notion that those who opposed government (deficit) spending for public purpose, might gladly embrace such spending if only directed towards subsidizing and ‘derisking’ the …
At the crossroads of change, leaders cling remorselessly to the catastrophe of the status quo. Read More“Please spread the word. We need to end the ‘state is like household’ analogy. The main constraint on govt. spending is the productive capacity and resources in the economy and …
The Government, like the Pied Piper, marches the nation back to Dickensian Britain 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 …
Cabinet brainstorms quick fixes for the cost-of-living crisis to avoid the real solution Read MoreNeil Wilson explains how the economy can work for the benefit of the people; how it can be the servant of society rather than its master. Originally published on Neil’s …
Running a Modern Money Economy Read MoreYou cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …
COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read MoreYou have to ask yourself: if our economic system actively destroys the biosphere *and* fails to meet most people’s basic needs, then what is actually the point? Jason Hickel – …
Budget 2021 – Those with the least receive only crumbs Read MoreThe ultimate, hidden truth of the world, is that it is something that we make, and could just as easily make differently.” David Graeber After two weeks of party …
Conference speeches reveal the misery to come Read More“The objective should be to organize the economy around human needs and well-being. If toward this end we decommodify key goods and services, or legislate longer product lifespans, use-value will …
Another week of handbag economics Read More‘What you do makes a difference, and you have to decide what kind of difference you want to make.’ Dr Jane Goodall, Scientist & Activist This week, Sajid Javid, …
If we can find money for corporations, we can find money for the people who need it. 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