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
- The failure to regulate in the interests of people is what is now driving inflationon 20 November 2024 by Richard Murphy
Inflation data is out this morning. As everyone who knew anything already knew would happen, inflation has increased. The Office for National Statistics has said: Read the full article...
- The politics of privilege are what the farmers’ protests are all abouton 20 November 2024 by Richard Murphy
I was on Sky News last night, supposedly debating the inheritance tax charge on farms. I say supposedly for a good reason. I went on Read the full article...
- Might you please post sensible comments here that add to debate?on 20 November 2024 by Richard Murphy
Every now and again, I think it necessary to remind people of the basic rules with regard to commenting on this blog. I think such Read the full article...
- Who will Starmer choose? The US or EU?on 20 November 2024 by Richard Murphy
The forthcoming trade war that Trump is intent upon is going to force Starmer to do something he hates. He’s going to back either the Read the full article...
- The incompetence of the ICAEWon 19 November 2024 by Richard Murphy
As many here will know, I resigned from the Institute of Chartered Accountants in England and Wales in March this year because of their aggressive, Read the full article...
Posts from Bill Mitchell – Modern Monetary Theory
- A 78 per cent tax on fossil fuel companies in Australia is not required to fund a Just Transition away from carbonon 21 November 2024 by bill
As I noted yesterday, last evening I accepted an invitation to speak on a panel at a – Rising Tide – event, which is part of the massive – People’s Blockade – of the port of Newcastle that is running from November 19-24, 2024. The Blockade is a threat to the mining corporations and the…
- Fugaku demonstrates the effectiveness of mask wearing and good ventilation in buildingson 20 November 2024 by bill
It’s Wednesday and there are a few topics that caught my attention this week as well as some announcements. And to finish we have some great music. Big computing Fugaku or 富嶽 is the alternative name for Mount Fuji in Japan, that marvellous natural creation that rises south of Tokyo. Fugaku is also one of…
- Kyoto Report 2024 – 7on 19 November 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. This is my final report for 2024 as my working time at the university is completed for another year and we will resume these reports in 2025 when I return.…
- The dislocation between the PMC and the rest of the working class – Part 2on 18 November 2024 by bill
I mentioned last week in this blog post – The dislocation between the PMC and the rest of the working class – Part 1 (November 11, 2024) – that I had been reading the 2021 book – Virtue Hoarders: The Case Against the Professional Managerial Class (published by Minneapolis: University of Minnesota Press) – written…
- Episode 8 (S2) of the Smith Family Manga is now available – Insights from a Writers’ Festivalon 14 November 2024 by bill
Today (November 15, 2024), MMTed releases Episode 8 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. The Smith Family are a middle-class family…
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)