UK MMT Conference 2024 - Preliminary Schedule Now Available

The programme schedule is now available on the conference website. This year’s conference has managed to gather the MMT founders and thinkers in one place, promising engaging talks and insightful panel discussions. By attending, you can deepen your understanding of Modern Monetary Theory, network with fellow MMTers, and gain valuable insights into current economic debates. With limited tickets remaining and time running out, secure your spot today. Visit the website to sign up now. ...

21 May 2024 12:51 +0100 · 1 min · NeilW

How Sustainable is our National Debt?

GIMMS response to the The UK House of Lords Economic Affairs Committee inquiry

12 Mar 2024 17:48 +0000 · 1 min · NeilW

MMT Money Story - Print and Shred Edition

For every Printing Press, there is a Shredding Machine. You can’t have one without the other.

18 Sep 2023 08:19 +0100 · 2 min · NeilW

Structural Deficits Are Deflationary

There is far more inflationary pressure from government spending that causes an increase in taxes than from deficit spending

17 Aug 2023 12:22 +0100 · 7 min · NeilW

MMT Verify: is there pressure on the Russian Economy?

We’ve had mostly floating exchange rates for fifty years. You’d think by now people would report using the correct currency

14 Aug 2023 15:45 +0100 · 2 min · NeilW

Cutting Borrowing Costs Made Simple: End Interest Payments

Two titans of UK politics face off over government interest payments, while completely missing the obvious answer: stop giving rich people free money

5 Aug 2023 07:36 +0100 · 2 min · NeilW

MMT Verify: How We Can Staff the NHS Without Tax Rises

Spending only happens if there was something to buy. If that spending is then deficit spending it has a lower inflationary impact than spending that is tax-matched.

25 Jul 2023 10:40 +0100 · 8 min · NeilW

Sophistry or Shibboleth? - "Capital Flight"

Time for another exercise in mythbusting. It turns out it is very difficult for something that cannot move to fly. Who knew?

18 Jul 2023 07:50 +0100 · 3 min · NeilW

MMT Verify: Will Investors Shun Government Debt?

There is no risk that interest rates on UK government debt will reach crippling levels. Interest rates are policy variables. Paying interest is a political choice. Betteridge’s law of headlines applies.

16 Jul 2023 08:39 +0100 · 3 min · NeilW

MMT Basics: Interest Rates

Bill Mitchell explains how MMT sees the effect of Interest Rate changes on the economy

26 Jun 2023 08:21 +0100 · 5 min · NeilW