Some on the Marxist left of politics, including those of that persuasion who have now entered the Greens in England and Wales with the clear
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Why Grace Blakeley is wrong about MMT — and why that matters for the left
Grace Blakeley has replied to what I wrote about why parts of the left oppose modern monetary theory. In doing so, she has reinforced every
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Why do we still have poverty?
Why does poverty still exist in one of the richest countries on earth? In this video, I respond to a claim made by Mark Littlewood
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MMT and the quantity theory of money
Time and again, I am being told at present that money creation — which is what Modern Monetary Theory (MMT) quite correctly says happens every
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MMT and trade: looking beyond the money
There is a stock criticism of Modern Monetary Theory (MMT), or modern money as I would rather call it, that goes something like this: MMT
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Interlude
I woke late this morning. I can’t recall the last time I woke after 8.00. Jacqueline decided I needed to sleep and let me lie
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Reeves’ budget: built on fear?
Rachel Reeves’ Budget was a damp squib, delivering austerity by stealth. There was no vision, and no investment. There was just fear of the City
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Is MMT as dangerous as its opponents claim?
“Modern monetary theory (MMT) is dangerous nonsense.” That line, or something very close to it, is now appearing with weary regularity from left-wing economists and
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Feedback request on our PDF downloads
We published my alternative budget as a PDF download on Wednesday. Six hundred people have accepted our invitation to download it for free, and some
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