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Tag: recession

Blogs / MMT Lens

Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough.

6th November 2022

“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …

Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. Read More
Blogs / MMT Lens

Splendour of the Queen’s Speech brings no relief for hungry people

14th May 2022

The good we secure for ourselves is precarious and uncertain until it is secured for all of us and incorporated into our common life. Jane Addams, US social reformer and …

Splendour of the Queen’s Speech brings no relief for hungry people Read More
Blogs / MMT Lens

We ignore the fate of our young people at our peril.

15th August 202015th August 2020

If we value a better future for all, the secret will lie in asking them what sort of world they want to live in and using their talents to create …

We ignore the fate of our young people at our peril. Read More
Blogs / MMT Lens

“Either you guarantee employment, or you guarantee there will be unemployment.” – Pavlina Tcherneva

25th July 2020

This week the Learning and Work Institute published its July briefing on employment. Stephen Evans, its chief executive, made it clear that there were signs of an employment crisis ahead …

“Either you guarantee employment, or you guarantee there will be unemployment.” – Pavlina Tcherneva Read More
Blogs / MMT Lens

We need a government that dares to think big and be more ambitious in its strategy to set our economy on a more sustainable and equitable pathway.

11th July 2020

“The difficulty lies not so much in developing new ideas as in escaping the old ones.” ― John Maynard Keynes When the world is facing one of the worst public health …

We need a government that dares to think big and be more ambitious in its strategy to set our economy on a more sustainable and equitable pathway. Read More
Blogs / MMT Lens

Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this!

13th June 202013th June 2020

‘Our economic and social prospects in the coming decade depend on today’s policies. The recovery will not gain steam without more confidence which will not recover without global cooperation.  Governments …

Nothing is written in stone. There is an alternative. Let’s make this the era of people power; we can do this! Read More
Blogs / MMT Lens

‘Two roads diverged in a yellow wood’. The question is which one will we take?

23rd May 2020

‘Two roads diverged in a yellow wood’ are the opening words of a poem by the celebrated poet Robert Frost. Whilst he was writing about his own personal life’s journey, …

‘Two roads diverged in a yellow wood’. The question is which one will we take? Read More
Blogs / MMT Lens

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew.

10th May 2020

All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence. Martin Luther King, Jr.   While the scale of the real human tragedy of …

Change is not a pleasant process, but we must not shy away from it. There is an alternative. It’s time to engage. It’s time to make the world anew. Read More
Blogs / MMT Lens

Getting the narrative right. Careful stewardship of the economy is not about balancing the public accounts; it is about serving the interests of the nation and delivering public purpose.

20th January 202020th January 2020

A month on already since the general election and as well as the usual post-Christmas/January blues, the nation still finds itself in a state of deep uncertainty about its future. …

Getting the narrative right. Careful stewardship of the economy is not about balancing the public accounts; it is about serving the interests of the nation and delivering public purpose. Read More
Blogs / MMT Lens

The Strange Case of the Missing Money

11th August 2019

“Economics lie at the very root of practical morality” Josephine Butler, English feminist, social reformer and campaigner against injustice. Boris Johnson has been distributing largesse. Well, not quite distributing it; …

The Strange Case of the Missing Money Read More
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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.

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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

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Modern Monetary Theory: Key Insights, Leading Thinkers

21st January 202321st January 2023

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Sara Holland @sarahollando552 ·
24 Dec

True for the US
True for the U.K.
#MMT @wbmosler
@GowerInitiative

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Tally Sticks @widespreadhaze ·
26 Dec

@grenville_1 @DanielJHannan First government does not spend by printing money.

What makes us richer are the resources that are mobilised by both government and private spending.

At the global level all financial liabilities and all financial assets offset each other, cancelling to zero. What remains are

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Tally Sticks @widespreadhaze ·
26 Dec

@DanielJHannan Good question. The answer is simply that our ancestors ran a commodity based currency system: a silver standard. However, for centuries they utilised systems to bypass the silver constraint, such as ‘tallies of pro’. The ancient Exchequer of Receipt was in effect a clearing house

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Tally Sticks @widespreadhaze ·
18 Dec

The money comes from MPs votes. It’s called ‘Money from Parliament’.

You are an MP and should know this, it is your job after all.

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Pavlina R Tcherneva @ptcherneva ·
18 Dec

We call on the Indian government to recommit to MGNREGA & its demand-driven access to employment from a human rights perspective. Join me, @JosephEStiglitz, @MazzucatoM, @Ferreras_Isa, @PikettyWIL, @srpoverty, @DarrickHamilton, @Jayati1609 and other experts by signing our letter.

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