Jacob Rees Mogg gave a quite extraordinary interview on Sky this morning, seeking to justify Liz Truss’s plan to cut taxes by £30 billion and
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Tax and modern monetary theory: my talk at the MMT Summer Seminar
Study modern monetary theory via distance learning
I am pleased to share this: Visit the website here for more details. This looks like a really valuable initiative with good people behind it,
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How are the central bank reserve accounts created?
I have been asked to explain how the central bank reserve accounts held by the commercial banks with the Bank of England are created. This
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There is a magic money tree right at the heart of the UK government, mandated by law and in operation since 1866, at least
This paper was published last week: The paper has the following abstract: This paper constitutes a first detailed institutional analysis of the UK Government’s expenditure,
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New money is part of the solution to our problems
My Finance for the Future colleague, Colin Hines, has this letter in the FT today: Dear Sir, Your editorial (Ministers should be clear: there are
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MMT and tax: the reality is that there is much more to be done on this issue
I was trolled from the left and right on modern monetary theory and tax yesterday. The right wing turned up here. The left used Twitter.
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The government would rather people starve or be homeless than create new money
I posted this Twitter thread this morning as a reaction to the government’s desire to take ‘non-fiscal steps’ to tackle the recession that is now
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Out this morning – the paperback edition of Money for nothing and my Tweets for free
This is out this morning: My thanks to Jim Stone and David Mullins who helped in the production process. I hope that this might help
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