This is the first in a six-video Christmas series exploring light, not just as a festival symbol, but as a political and economic necessity. Light
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The MMT toolbox and why it matters
I am told that this is the standard response to pro-modern monetary theory posts on social media right now: Every tool in the MMT toolbox
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The risk of a crash is far from over
This has been reported by the FT this morning: US companies have sold $1.7tn of investment-grade bonds in 2025, a near-record sum stoked by a
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MMT and exchange rates
I was asked this question yesterday: Can you please say a word about the effect MMT might have on the exchange rate – a potential
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What we need for Christmas
As Christmas approaches, many people ask what they want. But there is a more important question we should be asking: what did we need –
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There is no excuse for poverty in the UK
This is the chart of the latest United Nations Human Development Indicator: The UK is ranked in the top 20, with this data: Things are
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Glossary entry: land value taxation
I was asked in a comment on this blog last night why I did not emphasise land value taxation as a wealth tax. In fairness,
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Solstice birds
Yesterday was the solstice, and after a couple of days of brilliant light, it was a bit dull, with a light northerly wind, which did
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More MMT questions
This question was asked by someone called Tim here last night: Your blog posts and answers to related comments are really helpful in explaining MMT.
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