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
“Last time, most of us fell for it. This time, it is critical that we do not. Because, in reality, the crisis we just experienced was waking from a dream, …
Fairy tales and the vocabulary of scarcity. Protecting the wealthy and hurting the rest Read MoreThe “economy” is ultimately our material relationship with each other and with the rest of the living world. As today’s IPCC report settles in, we have to decide whether we …
The golden era of greenwashing Read More“The political class in Westminster have failed us. They inoculate themselves against the pain that we suffer. We will not forgive them, and no, we will not be patient with …
Politicians and the media coax the public to accept a new period of austerity Read More“We can pretend that extending the status quo into the future, unchanged, is one of the options available to us. But that is a fantasy. Change is coming one way …
Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery Read More“If every politician asks the ridiculous question ‘how will you pay for that’ when it comes to full employment, universal healthcare, infrastructure modernisation, tuition-free university and sustainable energy, but no …
Reducing government spending now would be calamitous for the wellbeing of people Read More“The kind of transformation that is now required [to address the climate crisis] will happen only if it is treated as a civilizational mission, in our country and in every …
The G7 jolly – a symbol of everything that is wrong with the global economic system. Read More“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‘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