Revealed: The Simple Change That Breaks Mainstream Macro
Price competition breaks peer reviewed mainstream agent model
The View Through the MMT Lens
Hierarchical structure of banking as described by Modern Money Theory
MMT on The Weekly
Kudos to the Australian contingent getting this sketch on The Weekly. Can’t see the BBC doing something like this - either about MMT or a decent comedy show.
The MMT Approach in a Nutshell
An overview of the Modern Money Theory viewpoint
Bonds Pay for Themselves
Why there is no need to raise taxes just because more government bonds have been issued
From Furlough to Full Employment: Part Deux
Overview of a UK Job Guarantee
From Furlough to Full Employment
Overview of a UK Job Guarantee
Another Fixed Rate Inconsistency?
Why do those people who agitate for a fixed exchange rate between currencies also advocate for a floating rate between government bonds and the currency? If a move between bonds and currency needs to be discouraged by a floating rate, then why doesn’t a move between a local currency and a foreign currency need to be discouraged by a floating rate? If the Euro is such a great idea across such a wide area, why aren’t Eurozone government bonds payable at par on demand at any bank in the Eurozone? ...
Robin Hood: MMT Edition
Updated Robin Hood Script for an Modern Money Theory World
Post War Banking Policy
From the archives: Post War Banking Policy - Reginald McKenna