One of the most important things to understand about how government finances work is that in a country like the UK, which issues its own
Read the full article…

As many readers will know, I was birdwatching at the weekend, with two nights spent away at Snape, in Suffolk. Amongst the matters discussed between
Read the full article…

The Parable of the Tokens and the Common Wealth By Cliff Published with permission In a land surrounded by mountains, there was a village where
Read the full article…

Politicians love to talk about “taxpayers’ money” –  but that’s a myth. In this video, I explain why your taxes do not fund government spending,
Read the full article…

I have been asked to share an announcement of a two-day weekend session on Modern Monetary Theory, being held in Sheffield in September, at which
Read the full article…

Hyperinflation is the scare story threatened by those who want to stop government spending. But it’s just that: a scare story. In this video, I
Read the full article…

Reform UK published ‘Our Contract with You’ a while ago, and although the idea is not fully formed, there are hints, including from public statements from
Read the full article…

I am a bit of a fan of Scotonomics. This event looks worth attending if you are in Glasgow next Friday. Book here.

Forget the myths. In this video, I set the record straight on MMT: what it is, how it works, and what it doesn’t claim to
Read the full article…