We can,when thisis allover, makeall themoney weneed toget backto livinggreat lives And whenI say’make allthe moneywe need’I don’tmean bystacking highthe profitsthat comefrom abusingour planet I
Read the full article…
Question of the day: Universal basic income or a job guarantee?
Research by the the group called Green New Deal UK (which is not same as the one I am involved in) has reported that people
Read the full article…
Why MMT? A discussion with Warren Mosler
This post was first published in February 2018 on this blog and I confess I had forgotten about it. It seems worth republishing now. ______________________
Read the full article…
The Daily Telegraph now admits there is a ‘magic money tree’ and that it shatters the case against wealth taxation
As Peter May noted on the Progressive Pulse blog yesterday: Even the Daily Telegraph has now admitted there is a Magic Money Tree. The assistant editor
Read the full article…
A member of the Bank of England Monetary Policy Committee has admitted that the Bank already operates in the way modern monetary theory describes: it directly funds government spending with tax being in the equation
Gertjan Vlieghe is a member of the Bank of England Monetary Policy Committee. He gave an important speech last week on monetary policy in the
Read the full article…
Local authorities cannot take any of the finncial burden of the coronavirus crisis: that’s all down to Westminster and its power to use direct monetary funding of government spending by central banks
The government has suggested that local authorities should ‘share the financial burden’ of coronavirus with the Westminster government. They have admittedly allocated an additional some
Read the full article…
Not all money is made equal: a big step forward in modern monetary theory
I am grateful to Helen Schofield for drawing my attention to an incredibly important article on the excellent US based Naked Capitalism web site, published
Read the full article…
Tax abuse, tax havens and Modern Monetary Theory
I was asked yesterday on this blog why issues such as tax abuse and the use of tax havens remain important when modern monetary theory
Read the full article…
The Millennials’ Money
There has been a lot of favourable comment about J D Alt’s videos on money on this blog over the last day or so. I
Read the full article…

Buy me a coffee!
