tinyurl.com/ynu2rkhd
tinyurl.com/ynu2rkhd
search.app/wDeVC
search.app/wDeVC
Why austerity doesn't work, my new MMT introductory course, what post-colonial countries can learn from MMT and why Scotland needs independence
mmt101.substack.com/p/my-chat-wi...
Why austerity doesn't work, my new MMT introductory course, what post-colonial countries can learn from MMT and why Scotland needs independence
mmt101.substack.com/p/my-chat-wi...
@MMT101DotORG
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2s
1. Tax revenues don't pay for services. All government spending is new money. There can be no tax revenue unless the government has first spent money into the economy.
The UK Government is the monopoly issuer of net new UK pounds.
@MMT101DotORG
·
2s
1. Tax revenues don't pay for services. All government spending is new money. There can be no tax revenue unless the government has first spent money into the economy.
The UK Government is the monopoly issuer of net new UK pounds.
Subscribe to join the quest for a fairer, better world by learning how the economy, money, and government funding really work
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Subscribe to join the quest for a fairer, better world by learning how the economy, money, and government funding really work
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bsky.app/profile/lear...
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And there’s no need for this underfunding. The UK Government runs what’s called a Fiat currency - i.e. it issues the currency and it is not backed up by a physical commodity.
And there’s no need for this underfunding. The UK Government runs what’s called a Fiat currency - i.e. it issues the currency and it is not backed up by a physical commodity.
"Though it is no longer an active area of research by economists, the Marshallian theory of the firm is still central to introductory
"Though it is no longer an active area of research by economists, the Marshallian theory of the firm is still central to introductory
Keep well, keep busy and have a good Sunday.
Keep well, keep busy and have a good Sunday.
mmt101.substack.com/p/my-mmt-top...
mmt101.substack.com/p/my-mmt-top...
"Though it is no longer an active area of research by economists, the Marshallian theory of the firm is still central to introductory
"Though it is no longer an active area of research by economists, the Marshallian theory of the firm is still central to introductory
For years the BBC’s coverage of the EU has been too negative.
Between 2001 and 2016, the BBC’s coverage of the EU veered between disinterest and EU-bashing.
Reports about the EU were so negative that Brussels came off worse than Putin.
#Brexit
www.politico.eu/blogs/on-med...
youtu.be/sg-j3H7KUt8?...
youtu.be/sg-j3H7KUt8?...
8 pertinent points from Bill Mitchell - written in 1997 - that have stood the test of time
This is an extract from my latest Substack post: 'Bill & Warren's Excellent MMT Adventure and the 1990s Post Keynesian Thought Discussion Group'.
8 pertinent points from Bill Mitchell - written in 1997 - that have stood the test of time
This is an extract from my latest Substack post: 'Bill & Warren's Excellent MMT Adventure and the 1990s Post Keynesian Thought Discussion Group'.