What is Modern Money Theory (MMT)?
MMT describes how the economy works. Although MMT does not prescribe government policy, there are some “natural” consequences. Some MMT core points are below.
Posts from Richard Murphy at Tax Research UK
- Economic questions: the Joe Stiglitz question
on 17 April 2026 by Richard MurphyThis is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have Read the full article...
- The next Funding the Future eventon 17 April 2026 by Richard Murphy
I had hoped that we would, by now, have been able to announce the next Funding the Future event. We have been working quite hard Read the full article...
- If it take Trump to move Reeves on electricity pricing, what chance of further reform is there?on 17 April 2026 by Richard Murphy
I have been writing for years about the pernicious impact of the way in which UK electricity prices are set, based as they are on Read the full article...
- Is there a government within a government in Westminster which is beyond ministerial reach?on 17 April 2026 by Richard Murphy
Nothing about Peter Mandelson's departures from government has ever been quiet. So it is proving again. As the Guardian noted yesterday, much of what has Read the full article...
- We need freedom from fearon 17 April 2026 by Richard Murphy
The core purpose of government is to provide freedom from fear. That means freedom from physical threat, Freedom from want, freedom from discrimination and freedom Read the full article...
Posts from Bill Mitchell – Modern Monetary Theory
- Australian labour market – largely stable but dark clouds presenton 16 April 2026 by bill
The Australian Bureau of Statistics (ABS) released the latest labour force data today (APRIL 16, 2026) – Labour Force, Australia – for March 2026 – which showed that the labour market steadied after last month’s contraction. While employment growth remained positive and was dominated by full-time work gains (as part-time employment fell), the fact that…
- A structured approach for progressive political ambitions – Part 7on 13 April 2026 by bill
This is Part 7 of the short series of briefing notes that arose out of discussions I recently had in London about how a progressive political party might want to break out of the shackles that the British Labour Party has bound itself in with its obsession with fiscal rules and an adherence to the…
- A structured approach for progressive political ambitions – Part 6on 9 April 2026 by bill
This is Part 6 of the short series of briefing notes that arose out of discussions I recently had in London about how a progressive political party might want to break out of the shackles that the British Labour Party has bound itself in with its obsession with fiscal rules and an adherence to the…
- My blog is on holiday todayon 6 April 2026 by bill
It is a public holiday in Australia today and I decided that I would use the time, which is free of workplace-type interruptions, to finalise a major project that has an impending (very) deadline. So happy holidays to all not that the global events are anything to be very happy about.
- A structured approach for progressive political ambitions – Part 5on 2 April 2026 by bill
This is Part 5 of the short series of briefing notes that arose out of discussions I recently had in London about how a progressive political party might want to break out of the shackles that the British Labour Party has bound itself in with its obsession with fiscal rules and an adherence to the…
Other Modern Money Theory Proponents
Other MMT Discussion
- MMT For the British People (Facebook group)
- Modern Money Theory (MMT) Australia (Facebook group)
- Modern Money Theory Dank Meme Stash (Facebook group)
- Intro to MMT – Modern Monetary Theory (Facebook group)
- MMT Podcast (Christian Reilly) (Twitter)
- Activist #MMT, the podcast (Twitter)
- Money on the Left (Twitter) (Web site)
- MMT France (En français)
- Stephanie Kelton @ The Lens/Substack
- Modern Monetary Theory by Brooke Clarke