Grace Blakeley has responded to my suggestion that she is wrong about modern monetary theory (MMT), saying: Thanks Richard – this confirms my assumption that
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MMT matters because it reveals power – and gives us back the right to choose
I think modern monetary theory (MMT) matters. That is not because it is perfect, because no theory is. Instead, it is because it explains something
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The best ever month
November is not quite over yet, but it is already the best month ever in the history of this blog: All I can say is
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Questions to ask a left-wing critic of MMT
Some on the Marxist left of politics, including those of that persuasion who have now entered the Greens in England and Wales with the clear
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Why Grace Blakeley is wrong about MMT — and why that matters for the left
Grace Blakeley has replied to what I wrote about why parts of the left oppose modern monetary theory. In doing so, she has reinforced every
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Why do we still have poverty?
Why does poverty still exist in one of the richest countries on earth? In this video, I respond to a claim made by Mark Littlewood
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MMT and the quantity theory of money
Time and again, I am being told at present that money creation — which is what Modern Monetary Theory (MMT) quite correctly says happens every
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MMT and trade: looking beyond the money
There is a stock criticism of Modern Monetary Theory (MMT), or modern money as I would rather call it, that goes something like this: MMT
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Interlude
I woke late this morning. I can’t recall the last time I woke after 8.00. Jacqueline decided I needed to sleep and let me lie
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