Look Ma No Tax: From Zero to Full Employment

Demonstrating how the Job Guarantee precisely offsets the drain to savings

1 Sep 2020 06:47 +0100 · 2 min · NeilW

The UK Job Guarantee — how it gets paid

Why the UK tax and benefits infrastructure is ready to implement a full Job Guarantee for all.

30 Aug 2020 15:09 +0100 · 3 min · NeilW

How the Job Guarantee Fixes Mainstream Macro

Adding a Job Guarantee to the peer reviewed mainstream agent model

29 Aug 2020 12:17 +0100 · 2 min · NeilW

Adding a JG to the Baseline Model

Algorithm changes required to the Baseline Model to support a Job Guarantee

28 Aug 2020 09:33 +0100 · 2 min · NeilW

The Indivisibility Issue

Modern money shows how wage values can drop below goods values

9 Aug 2020 09:25 +0100 · 2 min · NeilW

Why Economists Can't See MMT

The MMT Balance Sheet View in a nutshell

8 Aug 2020 07:42 +0100 · 2 min · NeilW

How the Job Guarantee (JG) Controls Inflation

The MMT analysis shows that inflation is controlled by a buffer stock. That can either be an buffer stock of unemployed people, or a buffer stock of employed people. Here we explain why an employed buffer stock, the Job Guarantee, is superior.

30 Jul 2020 16:02 +0100 · 3 min · NeilW

Revealed: The Simple Change That Breaks Mainstream Macro

Price competition breaks peer reviewed mainstream agent model

28 Jul 2020 11:11 +0100 · 2 min · NeilW

The View Through the MMT Lens

Hierarchical structure of banking as described by Modern Money Theory

26 Jul 2020 11:04 +0100 · 2 min · NeilW

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.

23 Jul 2020 07:09 +0100 · 1 min · NeilW