Welcome to MMT works

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

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 carbon
    on 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 buildings
    on 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 – 7
    on 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 2
    on 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’ Festival
    on 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

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