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
“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 MoreFrom Boris Johnson’s earlier reincarnation as Churchill in the pre-Brexit era, he has now been reborn as FDR, or at least likes to think so. According to the Conservative website, …
‘In these difficult days [we] must and shall choose the path of social justice … the path of faith, the path of hope, and the path of love toward our fellow man.’ Franklin D Roosevelt. 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‘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 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 More“Austerity is theft, the greatest transfer of wealth from poor to the rich since the enclosures.” ― Fuad Alakbarov, Exodus What links Spain and the UK? Some might say tourism as millions …
There is an alternative so let’s keep PUSHing until something happens! Keep challenging the status quo and undoubtedly it will! Read MoreWhy do we need a Green New Deal? The problem… The planet is facing a growing ecological and social crisis which stems from the structure of capitalist economies built …
The Green New Deal Read MoreCharles Dickens began his novel ‘Hard Times’ thus: “NOW, what I want is, Facts. […]. Facts alone are wanted in life. Plant nothing else and root out everything else. You …
It’s not balanced budgets that will save us. It’s the power of the public purse and our human values. Read MoreWhen people first hear of the idea of the Job Guarantee, they often mistakely liken it to Workfare. Here, in her paper from April 2018, Pavlina R. Tcherneva explains the …
The Job Guarantee: Design, Jobs, and Implementation Read More