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
Warren Mosler Published online 4th July 2020. Updated 3rd November 2024. Full Document Introduction The purpose of this white paper is to publicly present the fundamentals of …
White Paper: Modern Monetary Theory (MMT) Read MoreIn this post, originally published on Medium, Michael Berks discusses NHS funding. I’m sure you’ve all seen the story of 100-year old Captain Tom Moore, who, by walking 100 laps …
We need to talk about Tommy…the NHS: charity, taxes and MMT Read MoreJust a brief look at the news headlines in the last few weeks should be enough to set the alarm bells ringing. We are watching as the nation suffers a …
To rephrase Mahatma Gandhi ‘The future will depend on what we do today.’ Read More‘To talk about the future is only useful if it leads to action now.’ E F Schumacher: Small is beautiful: Economics as if people mattered. The Bank of England in …
To talk about the future is only useful if it leads to action now Read More“Governments stand because people sit; if people stand, governments will sit!” – Mehmet Murat İldan (Turkish writer). Did you clap for the NHS and key workers? Did you cheer on …
If you clapped for the NHS and key workers, now it’s time to ACT. Read More‘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‘Care homes have been top priority for the government’ so said the health secretary in a COVID-19 briefing earlier this week. Daily the evidence grows that this is yet more …
The question is not how we will pay for the pandemic, but how government can use its currency-issuing capacity to deal with the most pressing issues of our time. Read MoreGIMMS welcomes this week’s guest MMT Lens author Peter Martin. Peter has always taken an interest in politics and economics and considered himself vaguely Keynesian. He first came across …
Modern Monetary Theory and the COVID-19 induced economic slowdown. Read MoreGIMMS is pleased to have permission to reblog this article from @pamos19. Originally published on her Idle Obs blog site here “Charity is a cold grey loveless thing. If …
Fundraisers v Public Money for NHS Read More‘No society should need permission from wealthy people to operate in a high functioning way’ Nick Hanauer A day of reckoning is coming. The exponential rise in deficit spending …
The cost of government austerity has been a one of infrastructure decay and human suffering. Our nation has paid the price. Are we ready yet to re-imagine our world? Read More