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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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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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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I have not previously shared this. I think it’s time I did:

The FT includes this comment this morning: Janet Yellen has warned the US Treasury risks running out of cash next month unless Congress increases its
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My argument that national insurance should not be used to fund inreased spending on social care made it to The Mirrior this morning: You can
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Positive Money has made an appeal asking that people support the idea of a Bank of England central bank digital currency (CBDC) in the UK.
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I have just posted this Twitter thread tackling the issue of inflation… People are really worried about inflation. The right-wing media is fuelling that concern
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In this final video in a mini-series on how money has got its value in the fifty years since the final link between money and
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