{"id":64891,"date":"2022-09-28T08:57:24","date_gmt":"2022-09-28T07:57:24","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=64891"},"modified":"2022-09-28T08:57:24","modified_gmt":"2022-09-28T07:57:24","slug":"stephanie-kelton-on-tax-and-modern-monetary-theory","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/09\/28\/stephanie-kelton-on-tax-and-modern-monetary-theory\/","title":{"rendered":"Stephanie Kelton on tax and  modern monetary theory"},"content":{"rendered":"<p>I would recommend anyone who reads here also subscribe to <a href=\"https:\/\/stephaniekelton.substack.com\/p\/should-we-be-raising-taxes-to-fight?utm_source=email\" target=\"_blank\" rel=\"noopener noreferrer\">Stephanie Kelton's blog on Substack<\/a>. Stephanie wrote this on MMT ( modern monetary theory) and tax yesterday, and I'm sharing it to promote her work and thinking, with which I am usually in close agreement:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-64892\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01-550x706.png\" alt=\"\" width=\"550\" height=\"706\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01-550x706.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01-234x300.png 234w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01-768x986.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01-312x400.png 312w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.01.png 1094w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-64893\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-550x965.png\" alt=\"\" width=\"550\" height=\"965\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-550x965.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-171x300.png 171w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-768x1348.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-875x1536.png 875w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15-228x400.png 228w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.15.png 1092w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-64894\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.35-550x192.png\" alt=\"\" width=\"550\" height=\"192\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.35-550x192.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.35-768x268.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.35-600x210.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/Screenshot-2022-09-28-at-08.53.35.png 1076w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I would recommend anyone who reads here also subscribe to Stephanie Kelton&#8217;s blog on Substack. Stephanie wrote this on MMT ( modern monetary theory) and<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/09\/28\/stephanie-kelton-on-tax-and-modern-monetary-theory\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174,97],"tags":[],"class_list":["post-64891","post","type-post","status-publish","format-standard","hentry","category-modern-monetary-theory","category-tax-justice"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/64891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=64891"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/64891\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=64891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=64891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=64891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}