I received this article from the group that describes itself as MMT UK yesterday. It was written by Patricia Pino, a recognised expert on modern
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Will we have a Galileo moment?
I was asked by an economics correspondent at a well-known organisation yesterday to provide them with some questions for a Q&A session they were going
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The job guarantee, meaning and work
There is a reason I published a new post in the economic questions series this morning, about the work and thinking of Viktor Frankl. As
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Why the UK spends £80 billion a year subsidising dead money
Your savings are dead money. That’s the uncomfortable truth about how money works that politicians don’t want you to understand. In this video, I explain
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MMT and the job guarantee
At the recent Scottish Festival of Economics, held in Edinburgh, Warren Mosler, who is credited with creating modern monetary theory (MMT), was asked whether he
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New glossary entry: the job guarantee
The so-called job guarantee is a policy proposal associated with modern monetary theory (MMT) that seeks to achieve full employment by offering a publicly funded
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Should we forget the rules?
Economic policy today is dominated by rules: deficit limits, debt targets, inflation targets, and interest rate rules. But what if these rules are the problem,
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The UK government should be buying bonds
Politicians and economic commentators are obsessing about the view that the cost of UK government borrowing is increasing as a consequence of the war in
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Neoliberal economics is fiction
Neoliberalism has dominated economics and politics for 45 years, despite being based on nothing more than myths, falsehoods, and fantasies that should have discredited the cult promoting it
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