The MMT Approach in a Nutshell
An overview of the Modern Money Theory viewpoint
Mmt
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
Running a Modern Money Economy
Putting it all together
Savings Are an Export Product
Things make a lot more sense when you realise other currency areas love your savings products — a lot
Labour Hours and Labour Services
Employment is about buying the former and generating the latter. How does that relate to the Job Guarantee?
Basic Income: Thief of Time
Basic income is a desire to be paid twice - once self consuming your own hours and once consuming the output of somebody else’s hours