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
- On the Jeremy Vine Show, talking about Trumpon 6 November 2024 by Richard Murphy
I was on the Jeremy Vine Show today, discussing the impact of Trump's economics on the UK. Jeremy was not there; he had gone through Read the full article...
- What’s the challenge that Trump creates?on 6 November 2024 by Richard Murphy
Trump has regained the US Presidency, but the policies he has proposed will be disastrous for the American people, delivering chaos, inflation and high interest Read the full article...
- What government departments would Farage and the Tories shut?on 6 November 2024 by Richard Murphy
GB News has, I note, reported comments made by Nigel Farage both on how Elon Musk might, in his opinion, take on the task of Read the full article...
- Is Labour spiteful?on 6 November 2024 by Richard Murphy
Sir James Dyson has accused Labour of being spiteful because it has taken away the inheritance tax reliefs worth a small fortune that he had Read the full article...
- Trump has killed the neoliberal orderon 6 November 2024 by Richard Murphy
As I write, the US presidential election has not been called, but it looks very like Trump has won. What we do know is that Read the full article...
Posts from Bill Mitchell – Modern Monetary Theory
- RBA monetary policy decision defies logicon 6 November 2024 by bill
Well, as I write this late in the Kyoto afternoon, Donald Trump has just made a victory speech after an incredible day of election outcomes unfolding. As I wrote last week, the only moral and reasonable position for a progressive to take in this election would be to vote for Jill Stein and send a…
- Kyoto Report 2024 – 5on 5 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. 秋まつり – Sunday, November 3, 2024 The ‘event’ highlight of the week just gone was the – Aki Matsuri – or 秋まつり (Autumn Festival) last Sunday at the Buddhist –…
- Government job creation programs deliver significant (net) long-term benefitson 4 November 2024 by bill
On April 5, 1933, US President Roosevelt made an executive decision to create the – Civilian Conservation Corps (CCC) – which was a component of the suite of government programs referred to as the – New Deal – that defined the Federal government’s solution to the mass unemployment that arose during the early years of…
- State of Climate 2024 Report signals worse is coming – like very nearly nowon 31 October 2024 by bill
This is my Wednesday blog post on a Thursday, given that I spent yesterday dealing with Australia’s latest CPI data release. So today I consider a range of topics in less detail, which is my usual Wednesday practice. Today, I comment on the latest ‘State of Climate 2024’ Report just released in Australia. I also…
- Australia – inflation rate falling fast, the RBA has overcooked it againon 30 October 2024 by bill
Today (October 30, 2024), the Australian Bureau of Statistics (ABS) released the latest – Consumer Price Index, Australia – for the September-quarter 2024. The data showed that the annual inflation rate rose by just 0.2 points in the quarter and has fallen to 2.9 per cent on an annual basis. The ABS also released 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)