What is modern monetary theory?
Wednesday, January 13th, 2021I did a talk last night on MMT for a wide range of Scottish people with shared environmental concerns. It struck me how little most
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Mythbuster: What is quantitative easing and how does it work?
Monday, October 26th, 2020I have been asked to explain how quantitative easing works, given how important it is within our economy and managing the coronavirus crisis right now.
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Today’s video: modern monetary theory
Friday, July 17th, 2020A first visit to modern monetary theory: Given the range of issues arising there will be more on this issue. In fact, at least two
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The Governor of the Bank of England clearly has not a clue about the economics of QE, deficits and recessions. Which is not good news right now.
Tuesday, June 23rd, 2020It takes a special style of incompetence of the sort that only a Governor of the Bank of England with no experience of the real
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Myth of the day: Bank of England independence
Monday, June 22nd, 2020Paul Harman has done another take on one of my Mythbusters:
The scale of this crisis is unprecedented: now we need the radical thinking to address it
Friday, June 12th, 2020The scale of this crisis is unprecedented. The downturn in economic activity in April was 20.4% according to the Office for National Statistics: Of course
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Don’t doubt that austerity is an option
Friday, June 12th, 2020The Jersey Evening Post reported yesterday that: MINISTERS have been tasked with finding significant savings in departmental budgets to help deal with the financial impact
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Mythbuster: the national debt
Friday, June 12th, 2020Myth The national debt is going to squeeze the life out of our economy. We have to stop it growing, even if it literally kills
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Mythbuster: modern monetary theory
Monday, June 8th, 2020Myth Modern monetary theory is just a bunch of lefty economists saying that we can borrow without limit and that tax does not matter because
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