The FT has an article out this morning that has this title: I read it, more in hope than expectation. It did not take long
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The New Economics Foundation talks fiscal rules within the context of MMT – even if they aren’t saying so – and the result is really good
The New Economics Foundation has issued a new report today: The title really undersells this. I rarely unambiguously say something needs reading: I do say that
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The truth about money – in the House of Lords
My old tax justice friend Prof Prem Sikka is now the Noble Lord Sikka, having been sent to the Lords by Jeremy Corbyn. Last week
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The opponents of MMT really have got to do better than the Banque de France do if they are to counter its arguments
The Banque de France has issued a working paper on modern monetary theory (MMT). In the introduction to it they say: In the last few
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Talking debt
I did an interview on the above theme for an undergraduate run website called Economics Unlocked recently. This is their short version of the interview.
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Why is Labour stuck in gold-standard thinking era? And why does it want gold-standard era austerity that inevitably follows?
From the Sunday Times today: So, austerity here we come because Rachel Reeves has not noticed we have a fiat currency as yet. Why is
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Sunak’s planning a fiscal rule, and they always end in tears
As the FT notes this morning, Rishi Sunak is planning a new fiscal rule. It will commit him to stop borrowing to fund day-to-day spending within
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Tax and modern monetary theory
I noted yesterday the criticisms that can entirely appropriately be made of those who suggest modern monetary theory (MMT) is dangerous, and even wrong because
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If the critics of modern monetary theory want to be taken seriously they have to get their facts right
I was sent a link to an article by Michael U. Krause, Thomas A. Lubik and Karl Rhodes for the US Richmond Federal Reserve Bank which
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