Skip to content

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

  • Who We Are
    • Who we are
    • Objectives
    • Advisory Board
    • GIMMS Associates
    • Upcoming Events
    • Newsletters
    • Privacy Policy
    • Acknowledgements and Thanks
  • Basics
    • Introduction to MMT
    • MMT White Paper for the UK
    • FAQs
  • Job Guarantee
  • Fact Sheets
    • Origins of Modern Monetary Theory
    • A Brief History of Money
    • Sectoral Balances
    • Inflation
    • MMT and Public Policy
    • Macroeconomics
    • The Bank of England
    • Quantitative Easing
    • Gilts and Bonds
    • The Green New Deal
    • Universal Basic Income or a Job Guarantee?
    • Negative Interest Rates
  • Resources
    • Resources
    • MMT Course
    • Academic Papers
      • Working Papers
  • Blogs
    • MMT Lens
    • Reblog
    • MMT Long Read
  • Contact
  • Support Us
Main Menu

Tag: Public services

Blogs / MMT Lens

Another week of handbag economics

3rd October 2021

“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
Blogs / MMT Lens

A broken system – where does the buck stop?

26th September 2021

Being 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 More
Blogs / MMT Lens

The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises

12th September 202112th September 2021

A 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
Blogs / MMT Lens

Fairy tales and the vocabulary of scarcity. Protecting the wealthy and hurting the rest

29th August 2021

“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 More
Blogs / MMT Lens

Concentrate on real resources to solve real problems, instead of the financial cost.

22nd August 2021

“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
Blogs / MMT Lens

The cost of Covid-19 is no reason to put off tackling inequality and climate change

8th August 20218th August 2021

“Emperor Nero, it’s said, fiddled while Rome burned. If you don’t want our politicians to continue to follow his example while the world burns, get politically active now.” Thom Hartmann …

The cost of Covid-19 is no reason to put off tackling inequality and climate change Read More
Blogs / MMT Lens

Johnson’s levelling up programme is looking more like a sham

18th July 202118th July 2021

A system is corrupt when it is strictly profit-driven, not driven to serve the best interests of its people. Suzy Kassem, Rise Up and Salute the Sun   Oh, the …

Johnson’s levelling up programme is looking more like a sham Read More
Blogs / MMT Lens

Politicians and the media coax the public to accept a new period of austerity

11th July 2021

“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
Blogs / MMT Lens

Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery

4th July 2021

“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
Blogs / MMT Lens

Reducing government spending now would be calamitous for the wellbeing of people

27th June 2021

“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

Posts pagination

Previous 1 2 3 4 … 12 Next
Follow us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn

Join our mailing list

If you would like GIMMS to let you know about news and events, please click to sign up here

Upcoming Events

Notice
There are no upcoming events.
Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

Latest Blogs

Proposals for Reforms to the Debt Management Office’s Financing Remit

15th October 202515th October 2025

A Modern Monetary Theorist’s Response to ‘Weaknesses of MMT as a guide to development policy’, Aboobaker and Ugurlu (2023).

17th September 202519th September 2025

The Gower Intitiative for Modern Money Studies newsletter – January 2025

17th January 202522nd January 2025

PRESS RELEASES

View All

Inaugural UK Modern Monetary Theory Conference

25th January 20245th March 2024

Modern Monetary Theory: Key Insights, Leading Thinkers

21st January 202321st January 2023

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Stephanie Kelton @stephaniekelton ·
12 Dec

@PatriciaNPino Zack needs to explain that gilts are a privilege not an economic imperative or a fundamental human right. Say he’s prepared to take the privilege away (or return to tap system) if bond holders abuse it, and that he will not be intimidated because he understands that the purpose…

Reply on Twitter 1999467003652800551 Retweet on Twitter 1999467003652800551 55 Like on Twitter 1999467003652800551 169 Twitter 1999467003652800551
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Steven Hail @stevenhailaus ·
12 Dec

We have terrific students

McAlindon, R. 2025.  The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025

https://modernmoneylab.org.au/wp-content/uploads/2025/12/MML-Working-Paper-No-9-Dec-2025.pdf

Reply on Twitter 1999315743851315678 Retweet on Twitter 1999315743851315678 8 Like on Twitter 1999315743851315678 22 Twitter 1999315743851315678
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Steven Hail @stevenhailaus ·
12 Dec

More foolish propaganda from self-satisfied people who think everything is fine the way it is and that they have nothing to learn.

MMT is no 'conspiracy theory' and does NOT say govts should 'print and spend as much money as they like'.

Only an idiot or knave would claim so.

Reply on Twitter 1999374747822596379 Retweet on Twitter 1999374747822596379 35 Like on Twitter 1999374747822596379 122 Twitter 1999374747822596379
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Patricia @patricianpino ·
11 Dec

@spikedonline MMT isn't a conspiracy theory, nor does it say the government can print and spend as much money as they like. One expects more from journalists. Please interview an MMT economist.

Reply on Twitter 1999113911216349414 Retweet on Twitter 1999113911216349414 23 Like on Twitter 1999113911216349414 152 Twitter 1999113911216349414
Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted
Stephanie Kelton @stephaniekelton ·
9 Dec

“The Government can always create the money it needs to fund any project that it thinks is worthwhile. And the claim that it was cheaper for the private sector to fund these activities than for the State to do so was very obviously completely and utterly wrong.”

Reply on Twitter 1998363543218061604 Retweet on Twitter 1998363543218061604 260 Like on Twitter 1998363543218061604 612 Twitter 1998363543218061604
Load More...

Creative Commons Attribution-ShareAlike 4.0 International License

 

 

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Copyright © 2025 The Gower Initiative for Modern Money Studies.
Powered by WordPress and HitMag.