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
“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“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“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 MoreYou cannot carry out fundamental change without a certain amount of madness. In this case, it comes from nonconformity, the courage to turn your back on the old formulas, the …
Is the forecast growth in consumer spending actually good news? Read More“We could be collaborating with each other and with our ecosystem to create a beautiful, awesome, healthy world. Instead, we’re all competing with each other working meaningless jobs creating pieces …
What do we want from an economic recovery? Read More“Do we want to be a society that is supportive, that is inclusive and compassionate, where it is acknowledged that not all can prosper, where those who are most vulnerable, …
If there is one thing the last year has taught us it is that the Government is never short of money Read MoreToo large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read More