In 2010 I wrote this in a paper co-authored with Colin Hines on what we thought should be the future of quantitative easing: More than
Read the full article…
What are the limits to government money creation?
This is the third in a series of four videos exploring the value of money created to mark the 50th anniversary of the final end of
Read the full article…
50 years without gold backed money
Ask most people what gives money its value and they will most likely say that it is gold. There’s still a popular belief that if
Read the full article…
GERS on Scotonomics
It’s good news if the tax justice movement is finally recognising that tax does not fund government spending
I think it is appropriate to give praise where it is due. I can be quite critical of the tax justice movement. I am only
Read the full article…
Not all pounds are born equal, and it is time that we appreciated that
Something strange is happening in discussion about money, debt, interest and monetary policy. I would almost say that there are signs that the debate is
Read the full article…
What are the issues I need to be writing about?
It’s summer. The economy is collapsing. Covid is still rampant. The climate crisis is developing rapidly. Democracy is in peril, but what the heck? It’s
Read the full article…
How tax can shape society if we understand modern monetary theory
I mentioned yesterday that Prof Andrew Baker, a colleague at the University of Sheffield, and I had won an award for our academic journal paper
Read the full article…
Award wining modern monetary theory
I am pleased to note that Prof Andrew Baker of Sheffield University and I were today awarded the Cambridge University Press Award for Excellence in
Read the full article…

Buy me a coffee!
