Most people assume that we tax to fund government spending, but we don’t in economies like that we have in the UK. Instead, we have
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Some people argue that modern monetary theory is irrelevant or that it changes nothing. They’re wrong. MMT fundamentally reframes the power relationships within our economy,
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I this morning’s video, I argue that you can’t discuss macroeconomics without knowing about modern monetary theory. So, what is it all about? In this
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I have published the latest video in the Economic Truths series this morning. In it, I argue that it’s widely claimed that our national debt
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I have spent a night reflecting on whether to comment on a post Steve Keen made yesterday on his being uninvited from a  modern monetary
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This morning’s short video has now been published. In it, I suggest that when people ask “Where did the money go?” they should instead be
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I have posted a new video this morning. In it, I argue that there is no magic to any government finding the money to do
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In this morning’s short video, I argue that the City of London, the Financial Times and the Establishment all pretend that the government of this country
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In my short video this morning, I argue that any politician who says there is no magic money tree is not telling the truth. There is.
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