UK Employment Stats
The number of people in the UK without work that want it
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UK Sectoral Balances
Sectoral Financial Balances for the UK as a % of GDP, smoothed over a year
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.
Whole of Government Accounts: some juicy quotes
Once intra-government transactions are eliminated, QE represents an exchange of gilts (liabilities of the National Loans Fund) for central bank reserves (liabilities of the Bank of England)
The UK Energy Crisis: an MMT Analysis
Listening to politicians talk about the UK energy crisis is like watching bald men fighting over a comb. None of them get to the root cause - a shortage of natural gas. When you take an MMT view, that’s where you start.
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.