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
Resounding cheers from audiences bring mighty puffs and glows to those politicians promising to fund their spending ambitions with cash recovered from tax-havens in distant islands. But how much could …
Is there a critical shortage of rich people? Read MoreWhilst the Brexit train crash rumbles on and distracts the nation, the ongoing economic and social instability caused by cuts to public spending and the pursuit of ideologically driven policies …
A healthy economy depends on a healthy nation. Time to break the austerity myth. Time to unravel the truth. Read MoreToday we are glad to reblog an article by Prue Plumridge, GIMMS events facilitator, which she wrote for Think Left in 2017. The original article can be seen here Society …
Pensions: Thatcher’s vision is coming to fruition Read MoreGIMMS would like to welcome Jessica Ormerod and Deborah Harrington as its guest bloggers this week for the MMT Lens. Jessica and Deborah, who were recently appointed to the GIMMS …
The global fight for genuinely universal healthcare is a fight we can’t afford to lose 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 MoreOver the last few days there has been a story whizzing around social media that our National Insurance contributions are being used to pay off the national debt. The Fund, …
The Myths and Legends of Hypothecated National Insurance Read More‘How we treat our old people is a crucial test of our national quality. A nation that lacks gratitude to those who have honestly worked for her in the past …
Governments should be judged by the way they treat their elders not whether they balanced their accounts Read MoreEllis Winningham is a retired US-based economist, Modern Monetary Theory advocate and campaigner who works with relentless passion through his website blogs and social media work to inform and raise …
The Bond Market Doesn’t Control Anything; the Currency-Issuing National Government Does Read MoreFuad Alakbarov (Azerbaijani-Scottish human rights activist, political commentator and humanitarian.) In the week before Christmas, the Secretary of State for housing claimed that the sky rocketing levels of homelessness …
“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.” Read MoreThis week GIMMS extends a very warm welcome to Phil Armstrong, our guest MMT Lens author. GIMMS published his paper “Modern Monetary Theory and a Heterodox Alternative Paradigm” earlier this week …
Where does the Magic Money Tree Grow? Read More