Anne Maxwell
@annemaxwell.bsky.social
co-host RadioMMT, www.3cr.org.au/radiommt, grey skies are lovely too
latest episode, thanks for listening!
#064 Austerity Is Murder & Other MMT Revelations.
Ray Maxwell looks into what Modern Monetary Theory reveals.
#RadioMMT, #learnMMT, #ModernMonetaryTheory, #JobGuarantee, #3crCommunityRadio
www.3cr.org.au/radiommt/epi...
#064 Austerity Is Murder & Other MMT Revelations.
Ray Maxwell looks into what Modern Monetary Theory reveals.
#RadioMMT, #learnMMT, #ModernMonetaryTheory, #JobGuarantee, #3crCommunityRadio
www.3cr.org.au/radiommt/epi...
#064 Austerity Is Murder & Other MMT Revelations
Retired civil engineer, Ray Maxwell, was hearing some pretty strange things coming out of MMT. So he took a good look into Modern Monetary Theory. Ray emerged with a one-page answer to "what is MMT", ...
www.3cr.org.au
November 16, 2025 at 11:33 AM
latest episode, thanks for listening!
#064 Austerity Is Murder & Other MMT Revelations.
Ray Maxwell looks into what Modern Monetary Theory reveals.
#RadioMMT, #learnMMT, #ModernMonetaryTheory, #JobGuarantee, #3crCommunityRadio
www.3cr.org.au/radiommt/epi...
#064 Austerity Is Murder & Other MMT Revelations.
Ray Maxwell looks into what Modern Monetary Theory reveals.
#RadioMMT, #learnMMT, #ModernMonetaryTheory, #JobGuarantee, #3crCommunityRadio
www.3cr.org.au/radiommt/epi...
Strongly Disagree b/c there is no such thing as countries "borrowing in their own currency". And b/c there is no such thing as governments "spending as much money as they want". Sovereign currency issuing governments are constrained by the availability of resources (ie inflation).
In March 2019, we asked our US Economic Experts Panel about Modern Monetary Theory. The results of the 2nd question are below: kentclarkcenter.org/surveys/mode...
November 16, 2025 at 1:12 AM
Strongly Disagree b/c there is no such thing as countries "borrowing in their own currency". And b/c there is no such thing as governments "spending as much money as they want". Sovereign currency issuing governments are constrained by the availability of resources (ie inflation).
Strongly Disagree b/c there is no such thing as countries "borrowing in their own currency". Bond issuance is not a borrowing operation for fed govt. And not debt in the sense of money that needs to be paid back. Yields on unnecessary bonds only create more money. Stop creating nonsense questions.
In March 2019, we asked our US Economic Experts Panel about Modern Monetary Theory. The results of the 1st question are below: kentclarkcenter.org/surveys/mode...
November 16, 2025 at 1:11 AM
Strongly Disagree b/c there is no such thing as countries "borrowing in their own currency". Bond issuance is not a borrowing operation for fed govt. And not debt in the sense of money that needs to be paid back. Yields on unnecessary bonds only create more money. Stop creating nonsense questions.
Reposted by Anne Maxwell
FINDING THE MONEY follows economist Stephanie Kelton on a journey through Modern Money Theory or “MMT”.
The national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us.
findingmoneyfilm.com
The national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us.
findingmoneyfilm.com
Finding the Money – There's another side to the national debt.
findingmoneyfilm.com
November 10, 2025 at 11:40 AM
FINDING THE MONEY follows economist Stephanie Kelton on a journey through Modern Money Theory or “MMT”.
The national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us.
findingmoneyfilm.com
The national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us.
findingmoneyfilm.com
Reposted by Anne Maxwell
My MMT Top Ten (Updated): Modern Monetary Theory’s Best Ideas Explained
open.substack.com/pub/mmt101/p...
open.substack.com/pub/mmt101/p...
My MMT Top Ten (Updated): Modern Monetary Theory’s Best Ideas Explained
MMT Economics: Your guide to the most powerful insights from Modern Monetary Theory.
open.substack.com
November 13, 2025 at 10:16 AM
My MMT Top Ten (Updated): Modern Monetary Theory’s Best Ideas Explained
open.substack.com/pub/mmt101/p...
open.substack.com/pub/mmt101/p...
Reposted by Anne Maxwell
💥 Eternal growth threatens our survival. We do not need to destroy the planet or exhaust people to build a better world. Technology plus solidarity plus MMT equal hope. We can choose well-being over stress.
#Degrowth #MMT #Justice #Hope #Climate
🔗 oskarbrandt.substack.com/p/does-it-re...
#Degrowth #MMT #Justice #Hope #Climate
🔗 oskarbrandt.substack.com/p/does-it-re...
Does it really need to be the end of the world?
Eternal growth necessary or not
oskarbrandt.substack.com
November 13, 2025 at 5:19 AM
Reposted by Anne Maxwell
It is easy to forget the times he governed were extraordinarily unlucky.
The oil price in the first 13 months of Whitlam’s govt rose 595% from US$1.87/barrel to US$13.00. Yet, Australia’s economy grew faster than the US, the G7 and the OECD
Beyond GDP he had a vision and transformed this country.
The oil price in the first 13 months of Whitlam’s govt rose 595% from US$1.87/barrel to US$13.00. Yet, Australia’s economy grew faster than the US, the G7 and the OECD
Beyond GDP he had a vision and transformed this country.
Gough dreamed of a country that never was, and asked why not?
The point.com.au
thepoint.com.au
November 12, 2025 at 12:44 AM
It is easy to forget the times he governed were extraordinarily unlucky.
The oil price in the first 13 months of Whitlam’s govt rose 595% from US$1.87/barrel to US$13.00. Yet, Australia’s economy grew faster than the US, the G7 and the OECD
Beyond GDP he had a vision and transformed this country.
The oil price in the first 13 months of Whitlam’s govt rose 595% from US$1.87/barrel to US$13.00. Yet, Australia’s economy grew faster than the US, the G7 and the OECD
Beyond GDP he had a vision and transformed this country.
Reposted by Anne Maxwell
"[A] Public Grant-Making Bank is more than a policy fix; it is a profound political act that challenges the hegemonic conception of money as a fundamentally capitalist tool."
Beyond Loans: The Public Grant-Making Bank
By the Money on the Left Editorial Collective Public banking has been gaining traction for years, driven by a growing recognition that our current financial system often fails to serve the public g…
moneyontheleft.org
November 12, 2025 at 12:52 AM
"[A] Public Grant-Making Bank is more than a policy fix; it is a profound political act that challenges the hegemonic conception of money as a fundamentally capitalist tool."
Reposted by Anne Maxwell
Tomorrow is the 140th anniversary of Melbourne's first cable tram.
It's been 85 years since the last cable tram ran, and they're largely forgotten now but they laid the foundations of today's extensive electric tram network.
Nice story by Ishkander Razak
www.abc.net.au/news/2025-11...
It's been 85 years since the last cable tram ran, and they're largely forgotten now but they laid the foundations of today's extensive electric tram network.
Nice story by Ishkander Razak
www.abc.net.au/news/2025-11...
The public transport punt that changed Melbourne
Melbourne's history with trams goes back 140 years. The city got its first tram in 1885 and the fleet has grown to become the world's largest tram network.
www.abc.net.au
November 10, 2025 at 9:05 AM
Tomorrow is the 140th anniversary of Melbourne's first cable tram.
It's been 85 years since the last cable tram ran, and they're largely forgotten now but they laid the foundations of today's extensive electric tram network.
Nice story by Ishkander Razak
www.abc.net.au/news/2025-11...
It's been 85 years since the last cable tram ran, and they're largely forgotten now but they laid the foundations of today's extensive electric tram network.
Nice story by Ishkander Razak
www.abc.net.au/news/2025-11...
www.patreon.com/posts/what-c...
A clear explanation from Steve Keen ( a case of debt-deflation caused by too high levels of private debt). And even better, why mainstream economists don't get it, blinded as they are by their belief that the economy tends to equilibrium, and banks lend out deposits.
A clear explanation from Steve Keen ( a case of debt-deflation caused by too high levels of private debt). And even better, why mainstream economists don't get it, blinded as they are by their belief that the economy tends to equilibrium, and banks lend out deposits.
What caused the Great Depression? | Prof Steve Keen
Get more from Prof Steve Keen on Patreon
www.patreon.com
November 10, 2025 at 9:33 AM
www.patreon.com/posts/what-c...
A clear explanation from Steve Keen ( a case of debt-deflation caused by too high levels of private debt). And even better, why mainstream economists don't get it, blinded as they are by their belief that the economy tends to equilibrium, and banks lend out deposits.
A clear explanation from Steve Keen ( a case of debt-deflation caused by too high levels of private debt). And even better, why mainstream economists don't get it, blinded as they are by their belief that the economy tends to equilibrium, and banks lend out deposits.
We need a #jobguarantee
As quoted: “Robodebt was both illegal and immoral, but if the only lesson we take from that is that we need to make our moral failures legal, then that would be a tragedy."
As quoted: “Robodebt was both illegal and immoral, but if the only lesson we take from that is that we need to make our moral failures legal, then that would be a tragedy."
Legend
What a ride. www.abc.net.au/news/2025-09...
November 8, 2025 at 12:52 PM
We need a #jobguarantee
As quoted: “Robodebt was both illegal and immoral, but if the only lesson we take from that is that we need to make our moral failures legal, then that would be a tragedy."
As quoted: “Robodebt was both illegal and immoral, but if the only lesson we take from that is that we need to make our moral failures legal, then that would be a tragedy."
Reposted by Anne Maxwell
Disability benefits here in the UK are less than most people believe.
They're harder to get than most people believe.
Fraud is lower than most people believe.
The evidence you need to get them is more than most people believe.
The Government and media rely on this collective ignorance.
They're harder to get than most people believe.
Fraud is lower than most people believe.
The evidence you need to get them is more than most people believe.
The Government and media rely on this collective ignorance.
November 8, 2025 at 3:34 AM
Reposted by Anne Maxwell
"The report.......substantiates claims the country's gas export industry could be hampering global efforts to decarbonise, according to climate and energy analysts"
A leaked report confirms carpet-bombing other countries with fossil fuel exports actively stifles renewable energy development -->>>
A leaked report confirms carpet-bombing other countries with fossil fuel exports actively stifles renewable energy development -->>>
Secret report challenges government claim WA gas will help world decarbonise
A secret report undermines the WA government's claim that domestic gas production is helping the rest of the world decarbonise, while the state's own greenhouse gas emissions rise.
www.abc.net.au
November 8, 2025 at 5:00 AM
"The report.......substantiates claims the country's gas export industry could be hampering global efforts to decarbonise, according to climate and energy analysts"
A leaked report confirms carpet-bombing other countries with fossil fuel exports actively stifles renewable energy development -->>>
A leaked report confirms carpet-bombing other countries with fossil fuel exports actively stifles renewable energy development -->>>
A bunch of unhealthy dynamics resulting in a bloated financial sector. Will another crash be enough to release their stranglehold on government so it can legislate to prevent another round?
www.abc.net.au/news/2025-10...
www.abc.net.au/news/2025-10...
Could private credit spark the next financial market meltdown?
In recent months, there's been a growing focus on private credit, the alter ego of private equity, and the potential it may have to destabilise the system.
www.abc.net.au
November 8, 2025 at 5:00 AM
A bunch of unhealthy dynamics resulting in a bloated financial sector. Will another crash be enough to release their stranglehold on government so it can legislate to prevent another round?
www.abc.net.au/news/2025-10...
www.abc.net.au/news/2025-10...
Reposted by Anne Maxwell
The ‘cost of living crisis’ is privatised essential services and under-regulated corporatisation of the rest of the economy and government. I hope people vote to redress this next election #AusPol
November 7, 2025 at 11:19 PM
The ‘cost of living crisis’ is privatised essential services and under-regulated corporatisation of the rest of the economy and government. I hope people vote to redress this next election #AusPol
*”absurd” offset laws
* “streamlined” process reduces transparency
* “the legislation does not fix the problem of ministerial discretion”
* “streamlined” process reduces transparency
* “the legislation does not fix the problem of ministerial discretion”
November 8, 2025 at 1:03 AM
*”absurd” offset laws
* “streamlined” process reduces transparency
* “the legislation does not fix the problem of ministerial discretion”
* “streamlined” process reduces transparency
* “the legislation does not fix the problem of ministerial discretion”
Reposted by Anne Maxwell
The Modern Money Lab Economics of Sustainability January series this year will feature the following academics - Pavlina Tcherneva, Stephanie Kelton, John Harvey, Scott Fullwiler, Tim Foxon and Phil Lawn.
More details soon or from steven.hail@torrens.edu.au.
Do come along.
More details soon or from steven.hail@torrens.edu.au.
Do come along.
November 5, 2025 at 12:09 AM
The Modern Money Lab Economics of Sustainability January series this year will feature the following academics - Pavlina Tcherneva, Stephanie Kelton, John Harvey, Scott Fullwiler, Tim Foxon and Phil Lawn.
More details soon or from steven.hail@torrens.edu.au.
Do come along.
More details soon or from steven.hail@torrens.edu.au.
Do come along.
“laying the foundation for a renewed social contract”
Our latest working paper from Levy President @ptcherneva.bsky.social traces the "enshittification" (Doctorow)) of the modern labor market and how the postwar promise of full employment turned into a trap of precarity and debt
The Job Guarantee could be the answer.
levyinstitute.org/publications...
The Job Guarantee could be the answer.
levyinstitute.org/publications...
November 7, 2025 at 7:27 AM
“laying the foundation for a renewed social contract”
Reposted by Anne Maxwell
It's time for a Job Guarantee.
Our latest working paper from Levy President @ptcherneva.bsky.social traces the "enshittification" (Doctorow)) of the modern labor market and how the postwar promise of full employment turned into a trap of precarity and debt
The Job Guarantee could be the answer.
levyinstitute.org/publications...
The Job Guarantee could be the answer.
levyinstitute.org/publications...
November 6, 2025 at 11:42 PM
It's time for a Job Guarantee.
“The right frame is not volunteerism, but insurgent fiscal policy. “
November 7, 2025 at 7:14 AM
“The right frame is not volunteerism, but insurgent fiscal policy. “
Reposted by Anne Maxwell
A new FOI into the Deloitte nonsense has revealed:
-there were MORE AI errors in the Deloitte report than previously admitted
-DEWR knew about this for weeks & did nothing
-DEWR's Secretary lied in Estimates, when saying Deloitte never apologised to her
archive.is/F8qtG#select...
-there were MORE AI errors in the Deloitte report than previously admitted
-DEWR knew about this for weeks & did nothing
-DEWR's Secretary lied in Estimates, when saying Deloitte never apologised to her
archive.is/F8qtG#select...
November 6, 2025 at 11:03 PM
A new FOI into the Deloitte nonsense has revealed:
-there were MORE AI errors in the Deloitte report than previously admitted
-DEWR knew about this for weeks & did nothing
-DEWR's Secretary lied in Estimates, when saying Deloitte never apologised to her
archive.is/F8qtG#select...
-there were MORE AI errors in the Deloitte report than previously admitted
-DEWR knew about this for weeks & did nothing
-DEWR's Secretary lied in Estimates, when saying Deloitte never apologised to her
archive.is/F8qtG#select...
Reposted by Anne Maxwell
AI-tainted Deloitte report was worse than previously thought: "Department of Employment and Workplace Relations staff identified 59 potential errors in a 'quick review' of the report" after The AFR first reported claims that it included AI-induced flaws. www.afr.com/politics/ai-...
AI-tainted Deloitte report was worse than previously thought
Non-existent laws and a misnamed judge were among concerns raised with Deloitte about its artificial intelligence-tarnished report.
www.afr.com
November 6, 2025 at 10:53 PM
AI-tainted Deloitte report was worse than previously thought: "Department of Employment and Workplace Relations staff identified 59 potential errors in a 'quick review' of the report" after The AFR first reported claims that it included AI-induced flaws. www.afr.com/politics/ai-...
Reposted by Anne Maxwell
“My friends, the world is changing. It's not a question of whether that change will come. It's a question of who will change it.” @zohrankmamdani.bsky.social
People are choosing real alternatives instead of continuity. Mamdani stands for an antifascist economics in the name of the many. 🧵
People are choosing real alternatives instead of continuity. Mamdani stands for an antifascist economics in the name of the many. 🧵
November 6, 2025 at 2:23 PM
“My friends, the world is changing. It's not a question of whether that change will come. It's a question of who will change it.” @zohrankmamdani.bsky.social
People are choosing real alternatives instead of continuity. Mamdani stands for an antifascist economics in the name of the many. 🧵
People are choosing real alternatives instead of continuity. Mamdani stands for an antifascist economics in the name of the many. 🧵
podcasts.apple.com/au/podcast/7...
Well done NSW Greens MLC Abigail Boyd… for saying “public money” despite interviewer saying “taxpayer money“
ie taxes do *not* fund childcare
Well done NSW Greens MLC Abigail Boyd… for saying “public money” despite interviewer saying “taxpayer money“
ie taxes do *not* fund childcare
The woman who exposed the childcare industry
Podcast Episode · 7am · 02/11/2025 · 19m
podcasts.apple.com
November 4, 2025 at 10:06 PM
podcasts.apple.com/au/podcast/7...
Well done NSW Greens MLC Abigail Boyd… for saying “public money” despite interviewer saying “taxpayer money“
ie taxes do *not* fund childcare
Well done NSW Greens MLC Abigail Boyd… for saying “public money” despite interviewer saying “taxpayer money“
ie taxes do *not* fund childcare
Reposted by Anne Maxwell
I’ve always thought that privatising and monetising the micromanagement of poor people was one of the most evil, dystopian things I have ever seen.
October 25, 2025 at 5:01 AM
I’ve always thought that privatising and monetising the micromanagement of poor people was one of the most evil, dystopian things I have ever seen.