Twelve years ago quantitative easing was considered radical. It was called ‘unconventional’ monetary policy. Actually, it was government just using the power it has to create money
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Not many weeks change the world. This one will. The end of the Trump era is a reason to celebrate. Evil, because that is what
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I was asked to make this video to explain whether, or not, people on low incomes would be punished more heavily than those with higher
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I did a talk last night on MMT for a wide range of Scottish people with shared environmental concerns. It struck me how little most
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There were two articles in the Guardian yesterday that drew attention to the risk of a financial bubble bursting sometime soon. Larry Elliott wrote one
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Many people think that modern monetary theory does not apply to developing countries. That’s because many such countries borrow in currencies other than their own,
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I think it worth sharing this from an article on the Brave New Europe website (where articles from this blog also appear, frequently) in which
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The world is still in quite reasonable shock as a consequence of Trump’s attempted coup. It will take a while for the recovery from a
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Some people seem to think that modern monetary theory implies that a government can spend money without limit, but that is completely untrue. Unlike other
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