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
- Rachel Reeves is to blame for the UK’s predictable economic misfortunes
on 15 April 2026 by Richard MurphyThere are a whole host of reports in the media this morning about Rachel Reeves, the International Monetary Fund, the change to the UK’s circumstances Read the full article...
- Economic questions: the Guy Standing questionon 15 April 2026 by Richard Murphy
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have been, Read the full article...
- MMT v neoliberalism: there is only one winneron 15 April 2026 by Richard Murphy
We are heading into an economic crisis on a scale comparable to the aftermath of a World War. Supply chains are fracturing. Energy costs are Read the full article...
- What have I done to upset Singapore?
on 14 April 2026 by Richard MurphyI 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 breakdownon 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...
Posts from Bill Mitchell – Modern Monetary Theory
- A structured approach for progressive political ambitions – Part 7on 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 6on 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 todayon 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 5on 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 progressiveson 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…
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)
- Stephanie Kelton @ The Lens/Substack
- Modern Monetary Theory by Brooke Clarke