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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.

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Posts from Richard Murphy at Tax Research UK

  • What have I done to upset Singapore?
    on 14 April 2026 by Richard Murphy

    I have, during the life of this blog, used a program called StatCounter to monitor the number of people reading posts and to provide analytical Read the full article...

  • The real risk of system breakdown
    on 14 April 2026 by Richard Murphy

    There are mornings when I scan the news, reflect on what is happening in the world, and then come up with no connection between what Read the full article...

  • The deeper meaning Orban’s demise
    on 14 April 2026 by Richard Murphy

    Viktor Orbán has been defeated in Hungary. After sixteen years in power, during which authoritarian rule, rampant corruption, the systematic dismantling of Hungary's free press Read the full article...

  • Does Trump think he’s God?
    on 13 April 2026 by Richard Murphy

    We have just published this short video on YouTube and other channels. This is the transcript: Donald Trump put out this image on his Truth Read the full article...

  • Trump is insane
    on 13 April 2026 by Richard Murphy

    From Trump's social media account this morning (I checked): So we now know Trump thinks he is God. Let's cut to the core of this, Read the full article...

More from Richard Murphy @ taxresearch.org.uk

Posts from Bill Mitchell – Modern Monetary Theory

  • A structured approach for progressive political ambitions – Part 7
    on 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 6
    on 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 today
    on 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 5
    on 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…

  • The Manosphere fills a void created by neoliberalism which has been largely ignored by progressives
    on 30 March 2026 by bill

    Over the weekend just gone I took some time to watch the latest Louis Theroux documentary – Louis Theroux: Inside the Manosphere – which relates how far we have gone in reverse with attitudes that men hold towards women. This blog post is not intended to be a review of that film but rather my…

More Bill Mitchell @ billmitchell.org

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