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
Too 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“When the MMT coin drops and you realise the suffering is gratuitous” Stephanie Kelton In this week’s blog, hunger is on the menu yet again. Gratuitous hunger and hardship. Gratuitous …
Ending needless suffering Read MoreDoing so will come at a huge human and planetary cost. In this week’s news the train crash economics of neoliberalism continues to thunder on. The government, still ensconced in …
Let’s not let the debt doomsters rule the roost! Read MoreAccording to the Office for Budget Responsibility, whose fiscal sustainability report was published last month, the news is bad. In its Executive Summary, it noted that the UK was on …
“Whatever great meaningful and impactful work we are doing now is only the beginning, let’s keep moving forward for a better tomorrow.” – George Stamatis Read MoreAn internet search will tell you that Bonds are savings products issued by companies and governments to raise money to fund their investments. For private entities or ‘currency-users’, this is …
Gilts and Bonds Read More