Experience with unemployment and self-study of MMT to advocate for social justice reforms.
https://darrenquinn.substack.com/
Are you watching insurance and living costs soar because of climate risk and wondering why policy can't fix it? It's not a failure of science; it's a failure of economic structure.
My post gives you the roadmap to resilience. 🧵👇 #ClimateAction #CostOfLiving
Are you watching insurance and living costs soar because of climate risk and wondering why policy can't fix it? It's not a failure of science; it's a failure of economic structure.
My post gives you the roadmap to resilience. 🧵👇 #ClimateAction #CostOfLiving
The **money is there**. The resources are available. The political will is the only constraint.
The **money is there**. The resources are available. The political will is the only constraint.
Perfect knowledge is useless without a policy framework that can translate it into action. Stop being trapped by economic myths that tell you we can't afford resilience.
Perfect knowledge is useless without a policy framework that can translate it into action. Stop being trapped by economic myths that tell you we can't afford resilience.
The biggest cost of climate vulnerability is that it systematically hits communities with the least power, forcing impossible trade-offs between affordability and safety.
The biggest cost of climate vulnerability is that it systematically hits communities with the least power, forcing impossible trade-offs between affordability and safety.
We need institutional tools that match the problem:
✅ **Fiscal policy** to support adaptation at scale.
✅ **Insurance frameworks** that spread risk equitably.
✅ **Housing policy** that curbs speculation in vulnerable areas.
We need institutional tools that match the problem:
✅ **Fiscal policy** to support adaptation at scale.
✅ **Insurance frameworks** that spread risk equitably.
✅ **Housing policy** that curbs speculation in vulnerable areas.
This post answers the vital question: **What tools do we use when monetary policy is powerless?**
The solution lies in targeted fiscal policy that builds resilience and absorbs climate costs structurally.
This post answers the vital question: **What tools do we use when monetary policy is powerless?**
The solution lies in targeted fiscal policy that builds resilience and absorbs climate costs structurally.
When floods hit, food prices rise, and insurance costs surge. The media screams for the RBA to act, but interest rates can't un-flood a field or lower an insurance premium. That policy tool is broken for climate shocks.
When floods hit, food prices rise, and insurance costs surge. The media screams for the RBA to act, but interest rates can't un-flood a field or lower an insurance premium. That policy tool is broken for climate shocks.
Stop debating rate hikes and start demanding structural change. Read the full analysis on **supply-side sovereignty constraints** here:
buff.ly/2Vx2Lup
Stop debating rate hikes and start demanding structural change. Read the full analysis on **supply-side sovereignty constraints** here:
buff.ly/2Vx2Lup
Monetary sovereignty is limited by real constraints. This post defines those limits and points to the only solution: **Fiscal policy that matches the sophistication of our science.**
Monetary sovereignty is limited by real constraints. This post defines those limits and points to the only solution: **Fiscal policy that matches the sophistication of our science.**
We have the scientific models, the engineers, and the data systems. What we lack are the institutional frameworks—in housing, insurance, and fiscal policy—to absorb the shock.
We have the scientific models, the engineers, and the data systems. What we lack are the institutional frameworks—in housing, insurance, and fiscal policy—to absorb the shock.
The core insight: **Climate vulnerability isn't a knowledge problem; it’s a structural economic problem.** We're letting institutional design fail the science.
The core insight: **Climate vulnerability isn't a knowledge problem; it’s a structural economic problem.** We're letting institutional design fail the science.
This is the **Structural Failure** nobody talks about: Monetary policy can only *redistribute* the burden of climate costs; it cannot *eliminate* them.
This is the **Structural Failure** nobody talks about: Monetary policy can only *redistribute* the burden of climate costs; it cannot *eliminate* them.
Why? Climate inflation operates through supply-side mechanisms that interest rates can't fix: rising insurance premiums, crop destruction, and rebuilding costs.
The RBA's impossible choice: Crush households with rate hikes, or embed climate-driven inflation.
Why? Climate inflation operates through supply-side mechanisms that interest rates can't fix: rising insurance premiums, crop destruction, and rebuilding costs.
The RBA's impossible choice: Crush households with rate hikes, or embed climate-driven inflation.
We know the risks. A researcher I know built the systems to predict bushfire risk decades ago. Yet today, communities they assessed are becoming uninsurable. **The knowledge is perfect; the policy is inadequate.**
We know the risks. A researcher I know built the systems to predict bushfire risk decades ago. Yet today, communities they assessed are becoming uninsurable. **The knowledge is perfect; the policy is inadequate.**
The work begins now. Let's end the myths.
What's the first thing you would do if you were in charge of the nation's budget?
Read the full announcement and get your toolkit here: 👇
buff.ly/645Ic4b
#MMT #Economics #AusPol #JobGuarantee #Inflation
The work begins now. Let's end the myths.
What's the first thing you would do if you were in charge of the nation's budget?
Read the full announcement and get your toolkit here: 👇
buff.ly/645Ic4b
#MMT #Economics #AusPol #JobGuarantee #Inflation
The "bond vigilante" is a myth. Austerity is a political choice. We are told we can't afford a better world.
That is a lie. We can afford anything that is for sale in our own currency. The only question is whether we have the political will to do it.
The "bond vigilante" is a myth. Austerity is a political choice. We are told we can't afford a better world.
That is a lie. We can afford anything that is for sale in our own currency. The only question is whether we have the political will to do it.
To get these tools into as many hands as possible, I'm offering a 25% discount on both eBooks and the Value Bundle for the first week.
CLOSING SOON! DON'T MISS OUT!!
This isn't about academia. It's a forensic investigation into building a better system. It's about arming the movement.
To get these tools into as many hands as possible, I'm offering a 25% discount on both eBooks and the Value Bundle for the first week.
CLOSING SOON! DON'T MISS OUT!!
This isn't about academia. It's a forensic investigation into building a better system. It's about arming the movement.
These books are designed to work together.
One gives you the lens to see the world as it is. The other gives you the blueprints to build the world as it should be. That's why I've bundled them together at a discount.
These books are designed to work together.
One gives you the lens to see the world as it is. The other gives you the blueprints to build the world as it should be. That's why I've bundled them together at a discount.
The second is for the builders & the advocates: Now That You Know: An MMT Policy Guide.
This is the "what now?" book. It’s a deep dive into policy engineering: how to design a Job Guarantee, tackle inflation without austerity, and build an economy that serves human need, not private agendas
The second is for the builders & the advocates: Now That You Know: An MMT Policy Guide.
This is the "what now?" book. It’s a deep dive into policy engineering: how to design a Job Guarantee, tackle inflation without austerity, and build an economy that serves human need, not private agendas