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
- Let’s stop pretending that we are going to live comfortablyon 9 October 2024 by Richard Murphy
As the Guardian noted yesterday: Many of Earth’s “vital signs” have hit record extremes, indicating that “the future of humanity hangs in the balance”, a Read the full article...
- Why do I repeat myself?on 9 October 2024 by Richard Murphy
I’ve been accused of repeating myself on this YouTube channel. And that’s true. I have. But it’s only by honing our stories about what a Read the full article...
- Does the next Tory leader matter?on 9 October 2024 by Richard Murphy
Today we will know who the two candidates that Tory party members will have to chose between to be their new leader might be. One Read the full article...
- When there is no compromise or common ground there is no hopeon 8 October 2024 by Richard Murphy
I watched some of the debate in parliament yesterday on the situation in Israel. I looked at quite a lot of other media on the Read the full article...
- I don’t believe in coincidenceson 8 October 2024 by Richard Murphy
The Guardian has reported that: Green groups have reacted with fury to reports that BP has dropped a target to cut its oil output in the next Read the full article...
Posts from Bill Mitchell – Modern Monetary Theory
- Shipping disruptions unlikely to precipitate another inflation surgeon 9 October 2024 by bill
It’s Wednesday and while I usually have a few topics to discuss, today I am concentrating on the recent disruptions to shipping channels and the likely impact on inflation. I was also hoping to post a video of the recent launch of my new book with Warren Mosler in Melbourne on September 12, 2024 but…
- Kyoto Report 2024 – 1on 8 October 2024 by bill
This Tuesday report will provide some insights into life for a westerner (me) who is working for an extended period at Kyoto University in Japan. Well I am back in Kyoto for an extended period and it is unseasonably hot and humid for October. It seems that the warm weather will endure throughout October at…
- IMF surcharges cripple the poorest nations and transfer wealth from the poorest to the richest nationson 7 October 2024 by bill
I am now working in Kyoto again and have a full day’s commitments ahead of me. But as part of my on-going research I have been investigating the conditions under which the IMF extends financial support to the poorest nations. And today I will tell you about the surcharge system which the IMF uses to…
- Episode 6 of the Smith Family Manga (Season 2) is now available – Environmental disaster strikeson 3 October 2024 by bill
Today (October 3, 2024), MMTed releases Episode 6 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit. Episode 6 was delayed by two weeks…
- Recent and upcoming elections tell us a lot about how far gone the global order ison 2 October 2024 by bill
It’s Wednesday and I am flat out finishing things today as I am off to Japan again to work once again at Kyoto University. I will keep you updated on the progress of that work and a public event that we are thinking about in November in Kyoto (or possibly Tokyo or both). For now…
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)