At the weekend Andrew Bailey, the Governor of the Bank of England, said that the Bank would not engage in direct monetary funding (DMF) of
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There was an appeal for a list of MMT resources on this blog and on Twitter yesterday, to which I did not have time to
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Peter May has posted this on Progressive Pulse this morning and I’m sharing it here. Like Peter, I have long been very critical of Positive
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Jeremy Corbyn is no longer leader of the Labour Party. Like it or not, I have to accept my role in his selection for that
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Almost unnoticed in the last few weeks is the fact that there is, officially, a political Opposition in the UK. It does have quite a
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The Library of the Canadian Parliament issued a document in 2015 explaining how the Bank of Canada (that country’s central bank) created money for the
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I am beginning to see an increasing number of post-coronavirus economic myths emerging on twitter and other media. These need to be tackled now. I
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In October 2017 the Progressive Pulse blog, which I publish but rarely appear on, posted the following blog which appeared under the above title. I
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There seems to be the most, and quite extraordinary, lack of understanding of modern monetary theory and its interaction with tax in the tax justice
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