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The MMT Podcast with Patricia Pino & Christian Reilly

The MMT Podcast with Patricia Pino & Christian Reilly

221 episodes — Page 3 of 5

#111 Zdravka Todorova: Money And Households In A Capitalist Economy

In anticipation of her upcoming keynote speech at the 2nd International European MMT conference, Patricia & Christian talk to Professor Zdravka Todorova about her work, which brings together post-Keynesian, institutionalist and feminist economics. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our Job Guarantee Episodes https://www.patreon.com/posts/our-job-episodes-44722328 A quick overview of the Job Guarantee: https://en.wikipedia.org/wiki/NAIBER Zdravka Todorova's website: https://www.ztodorova.net/ Why Gender Matters in Macroeconomics, as in Real Life, by Zdravka Todorova: https://m.huffpost.com/us/entry/us_406140 Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/54897524

Aug 18, 20211h 8m

#110 L. Randall Wray: Are We Living In An MMT World?

In anticipation of his upcoming keynote speech at the 2nd International European MMT conference, Patricia & Christian talk to primary MMT academic Professor L. Randall Wray about MMT in the current context, and apply its insights to Europe. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with L Randall Wray: https://www.patreon.com/posts/44467066 Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu Books By L Randall Wray: https://www.amazon.co.uk/L-Randall-Wray/e/B001HP7OPG?ref=sr_ntt_srch_lnk_2&qid=1628616477&sr=8-2 More about endogenous money: https://www.patreon.com/posts/35073683 More about chartalism: https://en.wikipedia.org/wiki/Chartalism More on understanding government bond sales: Part 1: https://www.patreon.com/posts/29621245 Part 2: https://www.patreon.com/posts/29829500 A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/54750022

Aug 11, 20211h 19m

#109 Fadhel Kaboub: Unravelling Financial Media & Strategies For The Global South

Patricia & Christian talk to economist and President of The Global Institute for Sustainable Prosperity Professor Fadhel Kaboub about skewed media perceptions of inflation and quantitative easing, and strategies for developing nations to build economic power. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621 Stay up to date with Fadhel's work, which includes many online teach-ins and seminars: On Twitter: https://twitter.com/FadhelKaboub On Facebook: https://www.facebook.com/kaboubf More about the V20 (Vulnerable Twenty) Group: https://www.v-20.org/ Details about the MMT Summer School in Poznań, Poland: https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2021/ Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/54374769

Aug 4, 20211h 19m

#108 Steven Hail & Gabrielle Bond: Achieving Sustainable Prosperity

Christian talks to Gabrielle Bond and Steven Hail of the Sustainable Prosperity Action Group about their outreach work and their upcoming "Rethinking Capitalism" seminar in Melbourne. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Support The Sustainable Prosperity Action Group: https://sustainable-prosperity.net.au/ Details about Steven and Gabrielle's two-day "Rethinking Capitalism" seminar: https://sustainable-prosperity.net.au/summer-school/ Details about the MMT Summer School in Poznań, Poland: https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2021/ Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/54178535

Jul 28, 20211h 22m

EXTRA! Bill Mitchell & Luke McGregor: MMT and the media - Taking charge of the narrative

Our next full episode will be out on 21st July 2021, but in the meantime please enjoy this conversation. Jayne Flanagan and Dallas Lewis of Modern Money Australia host a conversation between comedian and actor Luke McGregor and Professor Bill Mitchell about all things MMT, their experience in the media, and how MMT advocates might best take charge of the media narrative. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Modern Money Australia: https://modernmoneyaustralia.org/ For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 About this event: "MMT and the media: Taking charge of the narrative In households across Australia we see a startling increase in the incidence of 'shouting-at-the-telly'. Experts say there's a strong correlation between 'shouting-at-the-telly' and the rise in the understanding of Modern Monetary Theory (MMT). Monitoring the hoarse throats of "telly-shouters" experts note that the telly brims full of talking heads fear-mongering about 'tax-payers money', 'the debt burden on future generations' and 'the government going broke'. Very concerning. But seriously, a free and independent media is a bulwark of a healthy, functioning democracy. Increasing attention is being paid to MMT in the media, particularly since the onset of this Covid era. Yet questions about media 'group think' and independence are being brought to the fore by a stubborn bias towards the false, orthodox, neoliberal economic narrative of 'sound finance' and fiscal austerity. A bias that is to the detriment (and ire) of us all. Our guest, Luke McGregor, actor and writer on the highly acclaimed comedy, Rosehaven, and comedian well-known on the stand-up circuit, has fortunately become a champion of MMT in the media. His Lukenomics segment, 'Will Australia Ever Run Out of Money?' on Charlie Pickering's The Weekly and his recent appearance on ABC's Q&A program being wonderful examples of his efforts. In this webinar, Luke McGregor and Professor Bill Mitchell, founding MMT scholar, economist, academic, author, prolific blogger and founder of MMTeD, will have a conversation about all things MMT, their experience in the media and how we might best take charge of the media narrative." All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Bill Mitchell: https://www.patreon.com/posts/42072816 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Two episodes about Quantitative Easing: Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 59 - Warren Mosler: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos

Jul 8, 20211h 28m

#107 Matthew Alford: Understanding Mass Media

Christian talks to author, documentary filmmaker, and lecturer in media Dr Matthew Alford about mass media as an institution and relates it to coverage of Modern Monetary Theory. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 National Security Cinema by Matthew Alford and Tom Secker: https://www.amazon.co.uk/National-Security-Cinema-Government-Hollywood/dp/1548084980 Follow Matthew on Facebook: https://www.facebook.com/TheWriterWithNoHands "A mainstream outlet accepted my pitch on what media refuses to say about US empire – then refused to let me say it" by Matthew Alford: https://thegrayzone.com/2021/05/13/mainstream-outlet-media-refuses-say/ For more on the Propaganda Model: https://www.medialens.org/the-propaganda-model/ Media critical projects: Media Lens: https://www.medialens.org/ Fairness And Accuracy In Reporting (FAIR): https://fair.org/ FAIR's podcast, "Counterspin": https://fair.org/counterspin-radio/ Citations Needed podcast: https://citationsneeded.libsyn.com/ Democracy Now!: https://www.democracynow.org/ Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos

Jun 30, 20211h 20m

#106 Clint Ballinger: Understanding Vertical And Horizontal Money

Patricia and Christian talk to geographer and author of 1000 Castaways Clint Ballinger about ways of understanding the relationship between commercial bank credit creation (horizontal money) and state-issued currency (vertical money) in a modern money system and much more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 1000 Castaways by Clint Ballinger: https://clintballinger.wordpress.com/2019/01/14/1000-castaways-introduction/ Decouple Spending From Bond Sales by Clint Ballinger: https://clintballinger.wordpress.com/2018/11/13/decouple-spending-from-bond-sales/ The Myth of Hyperinflation by Clint Ballinger: https://clintballinger.wordpress.com/2021/01/12/the-myth-of-hyperinflation/ Federal Debt and Modern Money by Steven Hail & David Joy: http://www.global-isp.org/policy-note-121/ An MMT Response on What Causes Inflation by Scott Fullwiler, Rohan Grey & Nathan Tankus: https://www.researchgate.net/publication/332318485_An_MMT_Response_on_What_Causes_Inflation Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/52539160

Jun 23, 20211h 11m

#105 Sam Levey: Krugman, Bond Markets & BS Jobs

Patricia and Christian talk to MMT scholar and Deficit Owl Sam Levey about recent press coverage of MMT and the late David Graeber's Bulls**t Jobs. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Sam Levey: https://www.patreon.com/posts/43189679 Our two-part interview with the authors of An Accounting Model Of The UK Exchequer: Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 An Accounting Model of the UK Exchequer by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/wp-content/uploads/2021/02/An-Accounting-Model-of-the-UK-Exchequer-2nd-edition.pdf Saving And Investment By Degrees by Sam Levey: https://slevey087.medium.com/saving-and-investment-by-degrees-6ec2a050c5f0 To Fight Bullshit Jobs, Run The Economy Really Hot by Sam Levey: https://slevey087.medium.com/to-fight-bullshit-jobs-run-the-economy-really-hot-f11206e024b1 Warren Mosler's talk in Chianciano, Italy, January 11, 2014: http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/52411206

Jun 16, 20211h 36m

#104 John T Harvey: Inflation, Stagflation & Healing The Nation

Patricia and Christian talk to author and economist Professor John T. Harvey about inflation, what mainstream neoclassical economics gets wrong, and how to put it right. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with John T. Harvey: https://www.patreon.com/posts/44371783 Our episode 47 with Pavlina Tcherneva: laying out the Job Guarantee https://www.patreon.com/posts/36034543 Four Reasons To Stop Panicking Over Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2021/05/12/four-reasons-to-stop-panicking-over-inflation/?sh=5ca7e8223a97 Money Growth Does Not Cause Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/?sh=63e1a9c42f58 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/52208093 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/52207835

Jun 9, 20211h 23m

#103 Ndongo Samba Sylla: The CFA Franc & The Movement For Monetary Sovereignty In Africa

Patricia and Christian talk to Senegalese development economist and author Ndongo Samba Sylla about the political challenges facing countries with limited financial sovereignty and Africa's last colonial currency - the CFA Franc. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Africa's Last Colonial Currency - The CFA Franc Story by Fanny Pigeaud & Ndongo Samba Sylla: https://www.plutobooks.com/9780745341798/africas-last-colonial-currency/ Our episode 12 with Fadhel Kaboub on monetary Sovereignty: https://www.patreon.com/posts/41790149 The New Economic Perspectives blog: http://neweconomicperspectives.org The website of The African Economic and Monetary Sovereignty initiative, which includes an open letter available for countersigning, calling on Africa's trading partners to acknowledge the failure of extractive economic models and to embrace a new cooperation model and for all African states to develop a strategic plan focused on reclaiming their monetary and economic sovereignty: http://mes-africa.org/ Follow The African Economic and Monetary Sovereignty initiative on Twitter for updates on their next conference: https://twitter.com/Mon_Sovereignty The website of the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/51864462 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/51864583

Jun 2, 20211h 9m

#102 Kairin Van Sweeden & Cameron Archibald: Scotland's Job Guarantee - An Employer Of Last Resort

Patricia and Christian talk to Kairin Van Sweeden & Cameron Archibald of Modern Money Scotland about their Job Guarantee proposal for an independent Scotland. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 SCOTLAND'S JOB GUARANTEE: AN EMPLOYER OF LAST RESORT by Cameron Archibald & Kairin van Sweeden: https://www.modernmoney.scot/policy-papers Kairin Van Sweeden's blog: https://www.indyanatomist.scot/ Our other episodes on MMT and Scottish Independence: Episode 15 on MMT & The Economics Of An Independent Scotland: https://www.patreon.com/posts/41805554 Episode 28 - Warren Mosler on starting a new currency: https://www.patreon.com/posts/29265974 Episode 29 - Bill Mitchell on MMT and Scottish independence: https://www.patreon.com/posts/29419615 Our episode with Fadhel Kaboub on monetary Sovereignty as it relates to independence movements: https://www.patreon.com/posts/41790149 Our episodes explaining the MMT Job Guarantee in detail: https://www.patreon.com/posts/44722328 Our episodes on An Accounting Model Of The UK Exchequer: Part 1: https://www.patreon.com/posts/46352183 Paet 2: https://www.patreon.com/posts/46865929 Warren Mosler proposal for member nations desiring to exit the Euro: https://youtu.be/LQRgJPEAvIM Tim Rideout on The Six Tests For Establishing a Scottish Currency: https://youtu.be/npP9WV97HsU More about the Common Weal group: https://commonweal.scot/ Quick overview of the non-accelerating inflation buffer employment ratio (NAIBER) framework: https://en.wikipedia.org/wiki/NAIBER The website of the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/51672599 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/51673111

May 26, 20211h 29m

#101 Warren Mosler: Q&A on CPI, Crypto, Capital Flight, Currency Prices & More

Patricia and Christian talk to MMT founder Warren Mosler about recent US inflation figures, Tesla and Bitcoin, currency prices, corporation tax, capital flight, and much more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 Money Growth Does Not Cause Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/?sh=7ab2305042f5 Four Reasons To Stop Panicking Over Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2021/05/12/four-reasons-to-stop-panicking-over-inflation/?fbclid=IwAR21C14nxFlfwjQ0FJBlXpDdwXH0mucGt9oMo9EbGD_2HDwUnkwDOdKjljI&sh=1c3528333a97 Our interview with Warren and Phil Armstrong about their paper, Weimar Republic Hyperinflation Through An MMT Lens: Part 1: https://www.patreon.com/posts/47638591 Part 2: https://www.patreon.com/posts/episode-89-phil-47904999 Warren's MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit Quick overview of the non-accelerating inflation buffer employment ratio (NAIBER) framework: https://en.wikipedia.org/wiki/NAIBER Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf The website of the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/51399493 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/51399536

May 19, 20211h 49m

#100 Dirk Ehnts: International Trade & China's New Digital Currency

Patricia and Christian talk to economist and author Dr Dirk Ehnts about central banking, international trade, China's new digital currency and the upcoming International European MMT conference in Berlin. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Dirk Ehnts: https://www.patreon.com/posts/44467243 Our episode 52 with Vincent Huang on a green Job Guarantee for China: https://www.patreon.com/posts/37436696 "China not to replace dollar with digital yuan" (Gulf Times): https://www.gulf-times.com/story/689415/China-not-to-replace-dollar-with-digital-yuan-PBoC The website of the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/51123809 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/51123672

May 12, 20211h 20m

#99 Rohan Grey: On The Deficit Myth - Don't Think Of A Household

Lawyer and Modern Money Network President Rohan Grey answers questions posed by readers of Stephanie Kelton's The Deficit Myth at a book club event hosted by Ramona Massachi of Real Progressives. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Real Progressives: https://www.patreon.com/realprogressives For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Rohan Grey: https://www.patreon.com/posts/43558419 Our episode 48 with Rohan on the #MintTheCoin initiative: https://www.patreon.com/posts/36292974 Our episode 90, with Stephanie Kelton: https://www.patreon.com/posts/48165836 Our Unpacking The Deficit Myth Series: https://www.patreon.com/posts/47191289 Our episodes explaining government bond issuance: Part 1: https://www.patreon.com/posts/29621245 Part 2: https://www.patreon.com/posts/29829500 Rohan Grey's website: https://rohangrey.net/ Administering Money: Coinage, Debt Crises, And The Future Of Fiscal Policy by Rohan Grey: https://rohangrey.net/files/coinage.pdf Monetary Resilience by Rohan Grey: https://digitalcommons.law.wne.edu/lawreview/vol41/iss3/4/ The Modern Money Network: https://www.modernmoneynetwork.org/ Listen to Macro N Cheese podcast: https://realprogressives.org/macro-n-cheese-podcast/#fwdmspPlayer0?catid=0&trackid=0 Most MMT resources can be found at We Can Have Nice Things: https://wecanhavenicethings.com/ A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/50680005 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/50672786

May 5, 20211h 20m

EXTRA: A new trailer and a new way to support the first MMT film!

Filmmaker Maren Poitras unveils a new trailer and her pitch to the panel at the Doclands documentary film festival. Her film "Finding The Money" (featuring Stephanie Kelton, Warren Mosler, L. Randall Wray and more) has a chance to win an audience award of $30,000, but it needs our votes before 10th May 2021. Voting takes less than a minute and a few clicks. Your vote could really make the difference. Let's get this film made! Vote here for "Finding The Money": https://www.doclands.com/docpitch-finding-the-money/ Video of Maren's pitch: https://www.doclands.com/docpitch-finding-the-money/ Trailer for Finding The Money: https://findingmoneyfilm.com/ Show notes: https://www.patreon.com/posts/50796744

May 3, 202113 min

#98 Asker Voldsgaard: A Green Job Guarantee For Denmark

Patricia and Christian talk to PhD student at the Institute for Innovation and Public Purpose, Asker Voldsgaard about his work, and a green Job Guarantee proposal for Denmark. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Follow Asker Voldsgaard on Twitter: https://twitter.com/AskerVoldsgaard Follow the Institute for Innovation and Public Purpose on Twitter: https://twitter.com/IIPP_UCL Asker's report on a green job guarantee in Denmark (in Danish): https://www.klimaogomstillingsraadet.dk/wp-content/uploads/2021/03/groen-jobgaranti_KOR_marts-2021.pdf Video of a seminar about Asker's report on a green job guarantee in Denmark with Pavlina Tcherneva (in English): https://www.facebook.com/103757181037695/videos/476085870480494/ Our episode 47 - with Pavlina Tcherneva explaining the MMT Job Guarantee in more detail: https://www.patreon.com/posts/36034543 Our episodes with Andrew Berkeley, Richard Tye & Neil Wilson on their Accounting Model Of The UK Exchequer Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 Our episode 43 on endogenous money: https://www.patreon.com/posts/35073683 A Paradigm Lost, a Paradigm Regained - A Reply to Druedahl on Modern Monetary Theory by Asker Voldsgaard and Dirk Ehnts: https://drive.google.com/file/d/13a2To14MLbCyUMPexNwciwk7Valv5MTY/view A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/50446752 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/50421904

Apr 28, 20211h 12m

#97 Fadhel Kaboub: On The Deficit Myth - Introduction

Professor of economics and president of the Global Institute For Sustainable Prosperity Fadhel Kaboub answers questions posed by readers of Stephanie Kelton's The Deficit Myth at a book club event hosted by Ramona Massachi of Real Progressives. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Real Progressives: https://www.patreon.com/realprogressives Video of this event: https://www.youtube.com/watch?v=ZqZc5b6Hq48&ab_channel=RealProgressives For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621 Our episode 90, with Stephanie Kelton: https://www.patreon.com/posts/48165836 Our episode 48, on the #MintTheCoin initiative with one of its architects, Rohan Grey: https://www.patreon.com/posts/36292974 Our Unpacking The Deficit Myth Series: https://www.patreon.com/posts/47191289 Warren Mosler's proposals for banking reform: http://moslereconomics.com/wp-content/pdfs/Proposals.pdf The Bank of England's "Independence" - A Handy Guide: https://www.patreon.com/posts/44617543 A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/50108848 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/50108906

Apr 21, 20211h 17m

#96 Deborah Harrington: The Fight For The NHS

Patricia and Christian talk to NHS campaigner and director of Public Matters Deborah Harrington about the history of the NHS and its conflict with neoliberalism. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Deborah's organisation, Public Matters: https://publicmatters.org.uk/category/economy/ Short films by Deborah and Public Matters: Privatising the NHS - A View from the Top: https://youtu.be/mZacwpsuOm0 Whose NHS Is it Anyway?: https://youtu.be/ZKGmejifw14 The NHS (Very) Long Term Plan: https://youtu.be/7_UUksSL-y8 A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/49819710 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49819223

Apr 14, 20211h 11m

#95 Shappi Khorsandi: The Ticket Analogy

Christian pitches Modern Monetary Theory to comedian and author Shappi Khorsandi. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our episode 65 on inflation with Phil Armstrong: https://www.patreon.com/posts/40672678 Our episodes 88 & 89 on hyperinflation with Warren Mosler and Phil Armstrong: https://www.patreon.com/posts/47638591 , https://www.patreon.com/posts/episode-89-phil-47904999 Our episode 47 on the Job Guarantee with Pavlina Tcherneva: https://www.patreon.com/posts/36034543 Our episode 8 on UK Labour's fiscal credibility rule with Richard Murphy: https://www.patreon.com/posts/41781319 Upcoming MMT events & courses: https://www.patreon.com/posts/47531455 Shappi Khorsandi's books and tour tickets available here: https://www.shappi.co.uk/ Transcript for opening monologue: https://www.patreon.com/posts/49642049 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49617770

Apr 7, 202150 min

#94 Olafur Margeirsson: A Job Guarantee For Iceland

Patricia and Christian talk with economist, writer, real estate market strategist and alternate member of the Supervisory Board of the Central Bank of Iceland Olaf Margeirsson about the economy of Iceland and his Job Guarantee proposal. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Olaf's work via Patreon: https://www.patreon.com/olafurmargeirsson Follow Olaf on Twitter (@IcelandicEcon): https://twitter.com/IcelandicEcon For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our episode 20 with Warren Mosler on the UMKC Buckaroo (starting at 13:48): https://www.patreon.com/posts/28004824 Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683 Olaf's writing: The State Can Afford This - But Should It?: https://sibs.is/fraedsla/greinar/rikid-hefur-efni-a-thessu-en-a-ad-gera-thad/ Iceland: We Need to Talk about Unemployment – and a Job Guarantee: http://www.global-isp.org/wp-content/uploads/PN-122.pdf Olaf's blog: https://icelandicecon.blogspot.com/ IS-LM: an explanation by John Hicks: attached Maastricht And All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/ Can Taxes and Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf Upcoming MMT events & courses: https://www.patreon.com/posts/47531455 Sign up for "Modern Monetary Theory and European Macroeconomics" (online course with Dr Dirk Ehnts, running 9th - 13th August 2021 - APPLICATION DEADLINE IS JULY 26TH 2021): https://maastricht.dreamapply.com/courses/course/134-modern-monetary-theory-and-european-macroeconomics?search=34057 Transcript for opening monologue: https://www.patreon.com/posts/49267705 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49267564

Mar 31, 20211h 45m

#93 Stuart Medina Miltimore & Modern Money Australia: The Battle For A Progressive Europe

Economist and founder of Spanish activist network Rete MMT (Red MMT) Stuart Medina Miltimore talks with the team at Modern Money Australia about the implications of MMT for the future of progressive reform in Europe and beyond, at a webinar which took place on the 20th March 2021. Slides for this event: attached Video of this event: https://www.youtube.com/watch?v=AelJ3zugax8&ab_channel=ModernMoneyAustralia Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Modern Money Australia: https://modernmoneyaustralia.org/ Find out more about Stuart's organisation, Rete MMT (Red MMT): http://www.redmmt.es/ For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Stuart Medina Miltimore: https://www.patreon.com/posts/44400459 Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Fadhel Kabouob on Monetary Sovereignty: https://inthesetimes.com/article/united-states-venezuela-modern-monetary-theory-trade-deficits-sovereignty Sign up for Professor Bill Mitchell's course "Modern Monetary Theory: Economics for the 21st Century": https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century Transcript for opening monologue: https://www.patreon.com/posts/49105385 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49105309

Mar 24, 20211h 54m

#92 Patricia & Christian: Interview With Physical Attraction Podcast (part 3)

Part 3: Patricia and Christian talk with the host of Physical Attraction podcast Thomas Hornigold about environmental policy, the Euro, monetary sovereignty, and the implications of MMT as they see it. Part 1 of this conversation: https://www.patreon.com/posts/42722165 Part 2 of this conversation: https://www.patreon.com/posts/45756021 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Thomas' Physical Attraction podcast: https://www.patreon.com/physicalattraction For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Overview of chartalism (the "taxes drive money" framework): https://en.wikipedia.org/wiki/Chartalism Sign up for Professor Bill Mitchell's course "Modern Monetary Theory: Economics for the 21st Century": https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century Transcript for opening monologue: https://www.patreon.com/posts/48816854 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48816832

Mar 17, 202153 min

#91 Bill Mitchell, Pavlina Tcherneva & Modern Money Australia: MMT And The New Social Contract

MMT co-founder Bill Mitchell and Job Guarantee expert Pavlina Tcherneva talk with the team at Modern Money Australia about lessons learned from the Covid crisis and a new way forward. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Modern Money Australia: https://sustainable-prosperity.net.au/about/https://modernmoneyaustralia.org/ For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with Bill Mitchell: https://www.patreon.com/posts/42072816 All of our episodes with Pavlina Tcherneva: https://www.patreon.com/posts/44405631 Our Job Guarantee episodes: https://www.patreon.com/posts/44722328 MMT-Informed Campaigns & Organisations Worldwide: https://www.patreon.com/posts/47900757 Our episodes with Bill Mitchell on Training The Trainers: Episode 35: https://www.patreon.com/posts/30605693 Episode 36: https://www.patreon.com/posts/30789543 A Quick overview of how the JG works as a macroeconomic stabiliser: https://en.wikipedia.org/wiki/NAIBER Books by Professor Bill Mitchell: http://www.billmitchell.org/ Pavlina Tcherneva's book, The Case For A Job Guarantee: https://politybooks.com/bookdetail/?isbn=9781509542093&subject_id=4&tag_id=49 Pavlina Tcherneva's Job Guarantee FAQ: https://www.pavlina-tcherneva.net/job-guarantee-faq Sign up for Professor Bill Mitchell's course "Modern Monetary Theory: Economics for the 21st Century": https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/48523897 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48523726

Mar 10, 20211h 37m

#90 Stephanie Kelton, Gabrielle Bond & Steven Hail: The Deficit Myth & A Green New Deal

Economist and best-selling author Professor Stephanie Kelton talks with Gabrielle Bond and Dr Steven Hail of the Sustainable Prosperity Action Group. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support the Sustainable Prosperity Action Group: https://sustainable-prosperity.net.au/about/ For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with Steven Hail: https://www.patreon.com/posts/43083051 Our Unpacking The Deficit Myth series: https://www.patreon.com/posts/47191289 Our episode 47 with Pavlina Tcherneva laying out the Job Guarantee: https://www.patreon.com/posts/36034543 Maastricht and All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/ Curried EMU - the meal that fails to nourish by Wynne Godley: https://www.concertedaction.com/2011/11/07/curried-emu/ Can Taxes And Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf Sign up for "Rethinking Capitalism" April 10th - 11th 2021 (in-person course with Dr Steven Hail at The University of Adelaide: https://sustainable-prosperity.net.au/summer-school/ A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/48167110 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48165836

Mar 3, 20211h 33m

#89 Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 2)

Part 2: Patricia and Christian talk to MMT founder Warren Mosler and MMT scholar Dr Phil Armstrong about their recent paper: "Weimar Republic Hyperinflation through a Modern Monetary Theory Lens". Part 1 of this conversation: https://www.patreon.com/posts/episode-88-phil-47638591 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 All of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Some of our other episodes with Warren Mosler which deal with inflation, interest rates and central bank policy: Episode 59: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 Episode 80: MMT Holiday Special (part 1): https://www.patreon.com/posts/45281376 Episode 81: MMT Holiday Special (part 2): https://www.patreon.com/posts/episode-81-mmt-2-45555840 Our episode 65 with Phil Armstrong on inflation (more on Paul Volcker as Fed chair in the intro): https://www.patreon.com/posts/40672678 Our episode 47 with Pavlina Tcherneva explaining the Job Guarantee: https://www.patreon.com/posts/36034543 Our episode 55 with Dr Dirk Ehnts on MMT in the context of the Eurozone: https://www.patreon.com/posts/38252014 Our episodes with Sam Levey that touch on the forward pricing channel: Episode 43: https://www.patreon.com/posts/35073683 Episode 76: https://www.patreon.com/posts/43697752 Episode 77: https://www.patreon.com/posts/43886189 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf Warren Mosler - MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit Michael Hudson - Government Debt and Deficits Are Not the Problem. Private Debt Is: https://michael-hudson.com/2013/03/government-debt-and-deficits-are-not-the-problem-private-debt-is/ Clint Ballinger - Airplane crashes aren't "hyperlandings": https://clintballinger.wordpress.com/2020/04/30/airplane-crashes-arent-hyperlandings-notes-on-zimbabwe/ A Discussion of Central Bank Operations and Interest Rate Policy by Warren Mosler and Phil Armstrong: https://gimms.org.uk/wp-content/uploads/2019/02/Central-Bank-Interest-Rate-Policy-Mosler-Armstrong.pdf Monopoly Money: The State as a Price Setter by Pavlina R. Tcherneva: http://moslereconomics.com/wp-content/uploads/2018/04/Tcherneva_MonopolyMoney_2002.pdf Bill Mitchell - Zimbabwe for hyperventilators 101: http://bilbo.economicoutlook.net/blog/?p=3773 Tickets for "An Introduction To Modern Monetary Theory: Reconceptualising The Nature Of Banking" (presentation by Phil Armstrong) on 26th March 2021, organised by Women in Banking and Finance: https://www.wibf.org.uk/events/details/modern-monetary-theory A list of other upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html Warren Mosler's (free) e-book, Seven Deadly Innocent Frauds Of Economic Policy: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Transcript for opening monologue: https://www.patreon.com/posts/47905062 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/47904999

Feb 24, 20211h 4m

#88 Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 1)

Part 1: Patricia and Christian talk to MMT founder Warren Mosler and MMT scholar Dr Phil Armstrong about their recent paper: "Weimar Republic Hyperinflation through a Modern Monetary Theory Lens". Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All of our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 All of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Some of our other episodes with Warren Mosler which deal with inflation, interest rates and central bank policy: Episode 59: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 Episode 80: MMT Holiday Special (part 1): https://www.patreon.com/posts/45281376 Episode 81: MMT Holiday Special (part 2): https://www.patreon.com/posts/episode-81-mmt-2-45555840 Our episode 65 with Phil Armstrong on inflation (more on Paul Volcker's policy decisions as Fed chair in the intro): https://www.patreon.com/posts/40672678 Our episode 55 with Dr Dirk Ehnts on MMT in the context of the Eurozone: https://www.patreon.com/posts/38252014 Our episodes with Sam Levey that touch on the forward pricing channel: Episode 43: https://www.patreon.com/posts/35073683 Episode 76: https://www.patreon.com/posts/43697752 Episode 77: https://www.patreon.com/posts/43886189 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf A Discussion of Central Bank Operations and Interest Rate Policy by Warren Mosler and Phil Armstrong: https://gimms.org.uk/wp-content/uploads/2019/02/Central-Bank-Interest-Rate-Policy-Mosler-Armstrong.pdf Monopoly Money: The State as a Price Setter by Pavlina R. Tcherneva: http://moslereconomics.com/wp-content/uploads/2018/04/Tcherneva_MonopolyMoney_2002.pdf Bill Mitchell - Zimbabwe for hyperventilators 101: http://bilbo.economicoutlook.net/blog/?p=3773 Warren Mosler on Paul Volcker (from 13:25): https://youtu.be/6WSQ20I1Jv4?t=809 Tickets for "An Introduction To Modern Monetary Theory: Reconceptualising The Nature Of Banking" (presentation by Phil Armstrong) on 26th March 2021, organised by Women in Banking and Finance: https://www.wibf.org.uk/events/details/modern-monetary-theory A list of other upcoming MMT events and courses: https://www.patreon.com/posts/47531455 Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html Warren Mosler's (free) e-book, Seven Deadly Innocent Frauds Of Economic Policy: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Transcript for opening monologue: https://www.patreon.com/posts/47638641 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/47638591

Feb 17, 20211h 1m

#87 Patricia & Christian: Unpacking The Deficit Myth (part 3)

Part 3: Patricia and Christian continue their conversation about Stephanie Kelton's best-seller The Deficit Myth. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our Unpacking The Deficit Myth Series: https://www.patreon.com/posts/47191289 Our episodes with Steven Hail on understanding government bonds: Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500 The Bank of England's "Independence" - A Handy Guide: https://www.patreon.com/posts/44617543 A Discussion of Central Bank Operations and Interest Rate Policy by Warren Mosler and Phil Armstrong: https://gimms.org.uk/wp-content/uploads/2019/02/Central-Bank-Interest-Rate-Policy-Mosler-Armstrong.pdf Some of our episodes with Warren Mosler which deal with inflation, interest rates and central bank policy: Episode 59: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 Episode 80: MMT Holiday Special (part 1): https://www.patreon.com/posts/45281376 Episode 81: MMT Holiday Special (part 2): https://www.patreon.com/posts/episode-81-mmt-2-45555840 Stephanie Kelton's introduction to MMT: "The Public Purse" The Deficit Myth reading group questions: https://www.patreon.com/posts/39967940 A quick overview on functional finance: https://en.wikipedia.org/wiki/Functional_finance Bill Mitchell on Abba Lerner and Functional Finance: http://bilbo.economicoutlook.net/blog/?p=5762 Tickets for "The Deficit Myth and a Green New Deal" (Stephanie Kelton in conversation with Steven Hail) on 24th February 2021: https://www.trybooking.com/events/landing?eid=711442&fbclid=IwAR0OzXT1ANRDv4L66ZZcg2wN0YNeimhZmYuwvSZI9uuDeIAX3r2q3jBJwd4 Tickets for "MMT and the new social contract: Lessons from Covid-19" (A conversation with Pavlina Tcherneva & Bill Mitchell) on 26th February 2021: https://www.eventbrite.com.au/e/mmt-and-the-new-social-contract-lessons-from-covid-19-tickets-140454277525?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&utm-source=strongmail&utm-term=listing Sign up for Professor Bill Mitchell's online course in March 2021- Modern Monetary Theory: Economics for the 21st Century: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century Tickets for "An Introduction To Modern Monetary Theory: Reconceptualising The Nature Of Banking" (presentation by Phil Armstrong) on 26th March 2021, organised by Women in Banking and Finance: https://www.wibf.org.uk/events/details/modern-monetary-theory Sign up for Steven Hail and the Sustainable Prosperity Action Group's 2-day course in Adelaide April 2021 "Rethinking Capitalism": https://sustainable-prosperity.net.au/summer-school/ Sign up for Dirk Ehnts' online Maastricht University course "Modern Monetary Theory and European Macroeconomics", running from 9th August - 13th August (APPLICATION DEADLINE IS JULY 26TH): https://maastricht.dreamapply.com/courses/course/134-modern-monetary-theory-and-european-macroeconomics?search=34057 Join the Real Progressives Deficit Myth book club every Tuesday at 8:30pm EST: https://zoom.us/webinar/register/WN_VlfZuk_KRZmJzOnGyBna1A Apply for MMT Summer School in Poznań, Poland 8th-12th September 2021: https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2021/ Transcript for opening monologue: https://www.patreon.com/posts/47325405 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/47325194

Feb 10, 20211h 15m

#86 Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2)

Part 2: Patricia and Christian talk to the authors of a groundbreaking new study that details the internal accounting operations of the UK exchequer and the ultimate impact of government spending and taxing on the private sector. Part 1 of this conversation: https://www.patreon.com/posts/46352183 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Neil Wilson: https://www.patreon.com/posts/46352519 Our episode 13 - Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Our episode 16, with Andrew Berkeley chatting with Warren Mosler and Tim Rideout in a noisy (sorry!) Glasgow pub: https://www.patreon.com/posts/41806207 Our episode 45 with Steve Keen, which touches on the history of tally sticks: https://www.patreon.com/posts/35701076 Our episode 53 with L. Randall Wray, which also touches on the history of tally sticks: https://www.patreon.com/posts/37728507 Some of the papers from the Bank of England referred to by Andrew are on this thread: https://twitter.com/spatchcockable/status/1353022727993626624 For other material referred to in the conversation, check out the footnotes and references in the paper - An Accounting Model of the UK Exchequer: https://gimms.org.uk/wp-content/uploads/2020/12/An-Accounting-Model-of-the-UK-Exchequer-Google-Docs.pdf To give constructive feedback on the paper directly, the authors have requested that a group email is best: [email protected] [email protected] [email protected] Neil Wilson's blog: https://new-wayland.com/blog/# Sign up for Professor Bill Mitchell's online course - Modern Monetary Theory: Economics for the 21st Century: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century Transcript for opening monologue: https://www.patreon.com/posts/46866433 Show notes: https://www.patreon.com/posts/46865929

Feb 3, 20211h 12m

#85 Pavlina Tcherneva & Phil Armstrong: In Conversation

Author and MMT scholar Phil Armstrong talks to author of "The Case For A Job Guarantee" Professor Pavlina Tcherneva. Event organised by the Gower Initiative For Modern Money Studies. Please help sustain this podcast: Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support The Gower Initiative For Modern Money Studies (GIMMS): https://gimms.org.uk/donate/ For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 All our episodes with Pavlina Tcherneva: https://www.patreon.com/posts/44405631 Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683 Our episode 55 with Dirk Ehnts on completing the Euro: https://www.patreon.com/posts/38252014 Our episode 53 with Professor L. Randall Wray: https://www.patreon.com/posts/37728507 Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html Pavlina Tcherneva's book, "The Case For A Job Guarantee": https://politybooks.com/bookdetail/?isbn=9781509542093&subject_id=4&tag_id=49 Pavlina's Job Guarantee FAQ: https://www.pavlina-tcherneva.net/job-guarantee-faq Pavlina's earlier articles on the Covid 19 response: https://www.project-syndicate.org/commentary/coronavirus-cash-support-job-guarantee-by-pavlina-r-tcherneva-2020-03 http://multiplier-effect.org/what-if-we-nationalized-payroll/ Transcript for opening monologue: https://www.patreon.com/posts/46691515 Show notes: https://www.patreon.com/posts/46691623

Jan 27, 20211h 36m

#84 Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1)

Patricia and Christian talk to the authors of a groundbreaking new study that details the internal accounting operations of the UK exchequer and the ultimate impact of government spending and taxing on the private sector. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Neil Wilson: https://www.patreon.com/posts/46352519 Our episode 13 - Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Our episode 16, with Andrew Berkeley chatting with Warren Mosler and Tim Rideout in a noisy (sorry!) Glasgow pub: https://www.patreon.com/posts/41806207 Our episodes with Sam Levey on the economics of wartime mobilisation: https://www.patreon.com/posts/30005574 https://www.patreon.com/posts/30112818 https://www.patreon.com/posts/43886189 An Accounting Model of the UK Exchequer: https://gimms.org.uk/wp-content/uploads/2020/12/An-Accounting-Model-of-the-UK-Exchequer-Google-Docs.pdf Neil Wilson's blog: https://new-wayland.com/blog/# Tickets for Pavlina Tcherneva and Phil Armstrong in conversation event on 24th January 2021: https://gimms.org.uk/events/ Sign up for Professor Bill Mitchell's online course - Modern Monetary Theory: Economics for the 21st Century: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century Transcript for opening monologue: https://www.patreon.com/posts/46352937 Show notes: https://www.patreon.com/posts/46352183

Jan 20, 20211h 23m

#83 Fadhel Kaboub & Phil Armstrong: In Conversation

Author and MMT Scholar Phil Armstrong talks to professor of economics and president of the Global Institute for Sustainable Prosperity Fadhel Kaboub about how MMT insights apply to the global south, colonial reparations, the MMT Job Guarantee contrasted with Universal Basic Income, and much more. Event organised by the Gower Initiative For Modern Money Studies. Please help sustain this podcast: Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support The Gower Initiative For Modern Money Studies (GIMMS): https://gimms.org.uk/donate/ For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 All our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621 Our episode 4 with Fadhel Kaboub laying out the MMT Job Guarantee: https://www.patreon.com/posts/41742701 Our episode 35a with Fadhel Kaboub talking about MMT in the African context: https://www.patreon.com/posts/31062237 Our episode 5, featuring a discussion of UBI contrasted against the MMT Job Guarantee: https://www.patreon.com/posts/41778696 Phil's Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html The website of The African Economic and Monetary Sovereignty initiative, includes an open letter to African states and Africa's trading partners: http://mes-africa.org/ Follow the African Economic and Monetary Sovereignty initiative on Twitter: https://twitter.com/Mon_Sovereignty

Jan 13, 20211h 55m

#82 Patricia & Christian: Interview With Physical Attraction Podcast (part 2)

Part 2: Patricia and Christian talk with the host of Physical Attraction podcast Thomas Hornigold about the implications of MMT as they see it. Part 1 of this conversation: https://www.patreon.com/posts/42722165 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Thomas' Physical Attraction podcast: https://www.patreon.com/physicalattraction For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 An overview of the Job Guarantee and NAIBER concept: https://en.wikipedia.org/wiki/NAIBER Warren Mosler's business card analogy: https://youtu.be/t9xjxLm4Zvk Transcript for opening monologue: https://www.patreon.com/posts/45755829 Show notes: https://www.patreon.com/posts/45756021

Jan 6, 202157 min

#81 Warren Mosler: MMT Q&A Holiday Special! (part 2)

Part 2: Patricia and Christian ask MMT founder Warren Mosler questions written by podcast patrons. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Part 1 of this conversation: https://www.patreon.com/posts/45281376 For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 Episode 59 - Warren Mosler: What Do Central Banks Do? https://www.patreon.com/posts/39070023 Episode 65 - Phil Armstrong: Understanding Inflation https://www.patreon.com/posts/40672678 Episode 9 - MMT Activism, The Job Guarantee And Automatic Stabilisers: https://www.patreon.com/posts/41782123 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 Our episode 12 on monetary sovereignty: https://www.patreon.com/posts/41790149 Our episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014 Warren's MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit Seven Deadly Innocent Frauds Of Economic Policy, by Warren Mosler: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Warren's website: http://moslereconomics.com Warren's mandatory readings: http://moslereconomics.com/mandatory-readings/ The Natural Rate of Interest Is Zero, by Mathew Forstater and Warren Mosler: http://www.moslereconomics.com/wp-content/graphs/2009/07/natural-rate-is-zero.PDF Maximizing Price Stability in a Monetary Economy by Warren Mosler & Damiano B. Silipo: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2775400 More on underconsumption: https://en.wikipedia.org/wiki/Underconsumption Transcript for opening monologue: https://www.patreon.com/posts/45556519 Show notes: https://www.patreon.com/posts/45555840

Dec 30, 20201h 9m

#80 Warren Mosler: MMT Q&A Holiday Special! (part 1)

Patricia and Christian ask MMT founder Warren Mosler questions written by patrons. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 Our episode 12 on monetary sovereignty: https://www.patreon.com/posts/41790149 Our episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014 Warren's MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit Seven Deadly Innocent Frauds Of Economic Policy, by Warren Mosler: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Warren's website: http://moslereconomics.com Warren's mandatory readings: http://moslereconomics.com/mandatory-readings/ The Natural Rate of Interest Is Zero, by Mathew Forstater and Warren Mosler: http://www.moslereconomics.com/wp-content/graphs/2009/07/natural-rate-is-zero.PDF Maximizing Price Stability in a Monetary Economy by Warren Mosler & Damiano B. Silipo: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2775400 More on underconsumption: https://en.wikipedia.org/wiki/Underconsumption Transcript for opening monologue: https://www.patreon.com/posts/45281242 Show notes: https://www.patreon.com/posts/45281376

Dec 23, 20201h 21m

#79 John Morrison: Deciphering Economists

Christian talks to teacher, astute commentator, and aspiring economist understander John Morrison about mainstream economic models. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 John Morrison on Twitter (@J_MoAGoGo): https://twitter.com/J_MoAGoGo Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Our episode 7 with Steven Hail: https://www.patreon.com/posts/41780508 Our episodes explaining the Job Guarantee: https://www.patreon.com/posts/44698508 L. Randall Wray introductory video: https://www.youtube.com/watch?v=i35uBVeNp6c Bill Mitchell's blog: http://bilbo.economicoutlook.net/blog/ An MMT response on what causes inflation by Scott Fullwiler, Rohan Grey and Nathan Tankus: https://www.businesstelegraph.co.uk/an-mmt-response-on-what-causes-inflation/ An overview of chartalism: https://en.wikipedia.org/wiki/Chartalism Books by Frederic Sterling Lee: https://en.wikipedia.org/wiki/Frederic_Sterling_Lee#Books Debunking Economics by Steve Keen: https://www.amazon.co.uk/Debunking-Economics-Naked-Emperor-Dethroned/dp/1848139926 Transcript for opening monologue: https://www.patreon.com/posts/44757920 Show notes: https://www.patreon.com/posts/44722042

Dec 16, 202056 min

#78 John T. Harvey: International Monetary Economics

Patricia and Christian talk to Professor John T Harvey about international monetary economics, what influences currency prices, and much more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our episodes with John T. Harvey: https://www.patreon.com/posts/44371783 Our episodes on inflation: Episode 7: https://www.patreon.com/posts/41780508 Episode 65: https://www.patreon.com/posts/40672678 Our episode on the external sector: Episode 72: https://www.patreon.com/posts/43043601 Previous episodes on currency prices: Episode 6: https://www.patreon.com/posts/41779230 Episode 41:https://www.patreon.com/posts/32695528 Episode 64: https://www.patreon.com/posts/40518059 Episode 72: https://www.patreon.com/posts/43043601 Our Episode 10 with Chiara Zoccarato on The Eurozone crisis: https://www.patreon.com/posts/41789282 Our Episode 55 with Dr Dirk Ehnts on A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014 Professor John T Harvey's writing: Money Growth Does Not Cause Inflation!: https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/?sh=d18253a42f58#185812f542f5 Currencies, Capital Flows and Crises: A Post Keynesian Analysis of Exchange Rate Determination: https://www.amazon.com/gp/product/B002132QYM/ref=dbs_a_def_rwt_hsch_vapi_taft_p1_i0 Transcript for opening monologue: https://www.patreon.com/posts/44373910 Show notes: https://www.patreon.com/posts/44373728

Dec 9, 20201h 16m

#77 Sam Levey: MMT For Mainstream Economists And Mobilisation Theory (part 2)

Part 2: Patricia and Christian continue their conversation with MMT scholar Sam Levey about his "MMT For Mainstream Economists" website. Part 1 of this conversation: https://www.patreon.com/posts/43697752 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 Sam's MMT For Mainstream Economists website: https://deficitowls.wixsite.com/mmt4mainstreamecons Our episode with Sam on understanding endogenous money: Episode 43: https://www.patreon.com/posts/35073683 All our episodes with Sam: https://www.patreon.com/posts/43189679 Sam's article - Monopoly Money Redux: https://medium.com/@slevey087/monopoly-money-redux-a4d96f156f7 Sam's paper - Mobilization Theory: Some Lessons from the Literature for Today: http://www.global-isp.org/wp-content/uploads/WP-126.pdf Other Recommended Reading: Michael Kalecki - Political Aspects of Full Employment: https://delong.typepad.com/kalecki43.pdf Warren Mosler's Talk In Chianciano, Italy, January 11, 2014 - What A Good Economy Should Look Like: http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html How to Pay for the Green New Deal by Yeva Nersisyan and L. Randall Wray: http://www.levyinstitute.org/publications/how-to-pay-for-the-green-new-deal Quick explanation of NAIBER: https://en.wikipedia.org/wiki/NAIBER Miscellaneous: https://sci-hub.st/ Transcript for opening monologue: https://www.patreon.com/posts/44254311 Show notes: https://www.patreon.com/posts/43886189

Dec 2, 20201h 14m

#76 Sam Levey: MMT For Mainstream Economists And Mobilisation Theory (part 1)

Part 1: Patricia and Christian talk to MMT scholar Sam Levey about a collection of resources he put together to help people with a more mainstream grasp of economics get acquainted with MMT. Part 2 of this conversation: https://www.patreon.com/posts/43886189 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 Sam's MMT For Mainstream Economists page: https://deficitowls.wixsite.com/mmt4mainstreamecons Our episode with Sam on understanding endogenous money: Episode 43: https://www.patreon.com/posts/35073683 All our episodes with Sam: https://www.patreon.com/posts/43189679 Sam's article - Monopoly Money Redux: https://medium.com/@slevey087/monopoly-money-redux-a4d96f156f7 Sam's paper - Mobilization Theory: Some Lessons from the Literature for Today: http://www.global-isp.org/wp-content/uploads/WP-126.pdf Other Recommended Reading: Michael Kalecki - Political Aspects of Full Employment: https://delong.typepad.com/kalecki43.pdf Warren Mosler's Talk In Chianciano, Italy, January 11, 2014 - What A Good Economy Should Look Like: http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html How to Pay for the Green New Deal by Yeva Nersisyan and L. Randall Wray: http://www.levyinstitute.org/publications/how-to-pay-for-the-green-new-deal Miscellaneous: https://sci-hub.st/ Transcript for opening monologue: https://www.patreon.com/posts/43741980

Nov 25, 20201h 8m

#75 Neil Wilson & Phil Armstrong: In Conversation

Author and MMT Scholar Phil Armstrong talks to finance and information systems expert Neil Wilson. Event organised by the Gower Initiative For Modern Money Studies. Please help sustain this podcast: Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support The Gower Initiative For Modern Money Studies (GIMMS): https://gimms.org.uk/donate/ For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Our episode 47 with Pavlina Tcherneva on the Job Guarantee: https://www.patreon.com/posts/36034543 Phil's Book: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html Neil's Articles: This is how you abolish tuition fees: https://new-wayland.com/blog/how-you-abolish-tuition-fees/ Running a Modern Money Economy: https://new-wayland.com/blog/running-a-modern-money-economy/ All: https://new-wayland.com/blog/# Bill Mitchell's blog: http://bilbo.economicoutlook.net/blog/ Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: https://gimms.org.uk/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf Sign up for Dr Steven Hail's in-person seminar in Adelaide: "Rethinking Capitalism - Economics as if people and the environment matter.": https://www.trybooking.com/events/landing?eid=682133 Transcript for opening monologue: https://www.patreon.com/posts/43959649

Nov 18, 20201h 36m

#74 Robert Hockett: Spreading The Fed & Why Wicksell Matters (part 2)

Part 2: Patricia and Christian continue the conversation with Professor Robert Hockett about his work on digitising the dollar and financing the Green New Deal. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Part 1 of this conversation: https://www.patreon.com/posts/43321755 For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 Our episode on understanding endogenous money: Episode 43 with Sam Levey: https://www.patreon.com/posts/35073683 Our episodes on understanding government bonds with Dr Steven Hail: Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500 Our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621 Our episode 47 with Pavlina Tcherneva: https://www.patreon.com/posts/36034543 Robert's articles: On Knut Wicksell: https://www.forbes.com/sites/rhockett/2020/10/26/modern-pre-modern-or-post-modern-money-a-brief-guide-for-the-perplexed/amp/#click=https://t.co/BonZ1NY19m Discussion on the above article: https://twitter.com/rch371/status/1320765097246117890?s=20 Spread The Fed, Part I: https://lpeproject.org/blog/spread-the-fed-part-i/ Spread The Fed, Part II: https://lpeproject.org/blog/spread-the-fed-part-ii/ Robert's books: Money from Nothing: https://www.publishersweekly.com/978-1-61219-856-9?fbclid=IwAR1gIK5rP6dshLqO-pvSouJfBHw7uvYbEr9TqOtG-lZ48BMAwVts8LAD46g Financing the Green New Deal: https://www.palgrave.com/gp/book/9783030484491?fbclid=IwAR0ZJMz7EsBF1WhnDZOHsoHjJwDrcV_1CAhw79N8WjbKGK_KUTKYHfK_HlI#aboutBook Robert's paper: The Fed's Municipal Liquidity Facility: Community QE at Last: http://www.global-isp.org/wp-content/uploads/PN-120.pdf Transcript for opening monologue: https://www.patreon.com/posts/43489077

Nov 11, 20201h 13m

#73 Robert Hockett: Spreading The Fed & Why Wicksell Matters (part 1)

Patricia and Christian talk to Professor Robert Hockett about his roots as a scholar, the man he describes as "the most important economist you've never heard of", and about digitising the dollar. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417 Our episode on understanding endogenous money: Episode 43 with Sam Levey: https://www.patreon.com/posts/35073683 Our episodes on understanding government bonds with Dr Steven Hail: Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500 Robert's articles: On Knut Wicksell: https://www.forbes.com/sites/rhockett/2020/10/26/modern-pre-modern-or-post-modern-money-a-brief-guide-for-the-perplexed/amp/#click=https://t.co/BonZ1NY19m Discussion on the above article: https://twitter.com/rch371/status/1320765097246117890?s=20 Spread The Fed, Part I: https://lpeproject.org/blog/spread-the-fed-part-i/ Spread The Fed, Part II: https://lpeproject.org/blog/spread-the-fed-part-ii/ Robert's books: Money from Nothing: https://www.publishersweekly.com/978-1-61219-856-9?fbclid=IwAR1gIK5rP6dshLqO-pvSouJfBHw7uvYbEr9TqOtG-lZ48BMAwVts8LAD46g Financing the Green New Deal: https://www.palgrave.com/gp/book/9783030484491?fbclid=IwAR0ZJMz7EsBF1WhnDZOHsoHjJwDrcV_1CAhw79N8WjbKGK_KUTKYHfK_HlI#aboutBook Robert's paper: The Fed's Municipal Liquidity Facility: Community QE at Last: http://www.global-isp.org/wp-content/uploads/PN-120.pdf Transcript for opening monologue: https://www.patreon.com/posts/43321843

Nov 4, 20201h 5m

#72 Steven Hail: The External Sector

Patricia and Christian talk to Dr Steven Hail about imports and exports, and the effect they have on a nation's balance sheet, using the sectoral balance framework. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 Sectoral balance accounting identity: (G - T) = (S - I) + (M - X) G = government spending T= taxes paid back to government S= private savings I= private investment spending M= exports X= imports Our Episode 64 with John T Harvey on exchange rates: https://www.patreon.com/posts/40518059 Our episode 65 with Phil Armstrong on inflation: https://www.patreon.com/posts/40672678 Bill Mitchell on the external sector: http://bilbo.economicoutlook.net/blog/?p=40433 Videos from the Sustainable Prosperity Conference in Adelaide 2020: https://www.youtube.com/channel/UCOa-eNvDrPWp_-7QnLGwZNQ/videos Sustainable prosperity action group website: https://www.sustainable-prosperity.net.au/?fbclid=IwAR2bFeGKYODjinrrzcJKlHrpT-Bs18NyyxkY1miYmvGl-avC70aLBw42VjA Australian Unemployed Workers Fight Back Podcast: https://unemployedworkersunion.com/fight-back-radio/ Modern Money Australia: https://modernmoneyaustralia.org Transcript for opening monologue: https://www.patreon.com/posts/43048015 Show notes: https://www.patreon.com/posts/43043601

Oct 28, 20201h 28m

#71 Warren Mosler & Phil Armstrong: In Conversation

Author and MMT Scholar Phil Armstrong in conversation with MMT co-founder Warren Mosler. Event organised by the Gower Initiative For Modern Money Studies. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support The Gower Initiative For Modern Money Studies (GIMMS): https://gimms.org.uk/donate/ For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Our episode 59, where Warren talks about interest rates: https://www.patreon.com/posts/39070023 Our episode 50, with an explanation of why bond sales are a reserve drain: https://www.patreon.com/posts/36846931 Warren's free book, Seven Deadly Innocent Frauds Of Economic Policy: https://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf Warren's mandatory readings: https://moslereconomics.com/mandatory-readings/ Transcript for opening monologue: https://www.patreon.com/posts/42972027

Oct 21, 20201h 48m

#70 Patricia & Christian: Interview With Physical Attraction Podcast

Patricia and Christian talk with the host of Physical Attraction podcast Thomas Hornigold about how they came to MMT. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Thomas' Physical Attraction podcast: https://www.patreon.com/physicalattraction For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 Transcript for opening monologue: https://www.patreon.com/posts/42723873

Oct 14, 202049 min

#69 Scott Ferguson & Maxx Seijo: The Choreographers Of Credit

Patricia and Christian talk to the hosts of Money On The Left podcast Maxx Seijo and Scott Ferguson about mesoeconomics and the Uni Currency Project. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Money On The Left Podcast: https://mronline.org/money-on-the-left/ Superstructure Podcast: https://podcasts.apple.com/us/podcast/superstructure/id1509809243 For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 Scott on Twitter: https://twitter.com/videotroph Maxx on Twitter: https://twitter.com/MaxSeijo Our episode 17 with Scott on MMT and Marxism: https://www.patreon.com/posts/41806295 The Uni Currency Project: Democratic Finance for Public Higher Education After COVID-19: http://www.global-isp.org/working-paper-no-128/ More on Mesoeconomics: https://en.wikipedia.org/wiki/Mesoeconomics Warren Mosler on the Buckaroo in our episode 20: https://www.patreon.com/posts/28004824 Warren writing on the Buckaroo: http://moslereconomics.com/2011/09/19/the-umkc-buckaroo-a-curreny-model-for-world-prosperity/ More on the Denison Dollar: https://www.youtube.com/watch?v=vSQ6POEV86U Our episode 43 with Sam Levey on understanding endogenous money: https://www.patreon.com/posts/35073683 Transcript for opening monologue: https://www.patreon.com/posts/42552817

Oct 11, 20201h 25m

#68 Cory Doctorow: Digital Rights, Surveillance Capitalism & Interoperable Socks

Patricia and Christian talk to author and digital rights advocate Cory Doctorow about his new book, Attack Surface, and where his work intersects with economics, and also about the importance of the work of David Graeber. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Cory's "Attack Surface" Audiobook Kickstarter: https://www.kickstarter.com/projects/doctorow/attack-surface-audiobook-for-the-third-little-brother-book Cory's podcast, with a big excerpt from "Attack Surface" and a continuing series of "Someone Comes to Town, Someone Leaves Town" read by Cory: http://feeds.feedburner.com/doctorow_podcast Cory's Daily Blog: https://pluralistic.net All our episodes with Cory: https://www.patreon.com/posts/41970049 For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 Bill Mitchell on the Job Guarantee: http://bilbo.economicoutlook.net/blog/?p=40464 , http://bilbo.economicoutlook.net/blog/?p=3737 Our Job Guarantee episodes: Ep 4 with Fadhel Kaboub: https://www.patreon.com/posts/41742701 Ep 47 with Pavlina Tcherneva: https://www.patreon.com/posts/36034543 Pavlina Tcherneva's excellent Job Guarantee FAQ: http://pavlina-tcherneva.net/job-guarantee-faq/ Read about opposition to the NHS at the planning stage: https://www.independent.co.uk/life-style/health-and-families/features/the-birth-of-the-nhs-856091.html https://www.nationalarchives.gov.uk/cabinetpapers/alevelstudies/origins-nhs.htm Read about The Philip Cross affair: https://www.craigmurray.org.uk/archives/2018/05/the-philip-cross-affair/ Transcript for opening monologue: https://www.patreon.com/posts/42042235

Sep 30, 20201h 44m

#67 Phil Armstrong & Bill Mitchell: In Conversation

Author and MMT Scholar Phil Armstrong in conversation with MMT co-founder Professor Bill Mitchell. Event organised by the Gower Initiative For Modern Money Studies. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support The Gower Initiative For Modern Money Studies (GIMMS): https://gimms.org.uk/donate/ Listen to the Australian Unemployed Workers Fight Back Podcast: https://unemployedworkersunion.com/fight-back-radio/ More on Bill Mitchell's MMTed facility, which will offer on-line, interactive tuition in Modern Monetary Theory with leading proponents of MMT: http://www.mmted.org For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 Our Bill Mitchell episodes: https://www.patreon.com/posts/42072816 Our Phil Armstrong episodes: https://www.patreon.com/posts/42072846 Bill Mitchell on the Job Guarantee: http://bilbo.economicoutlook.net/blog/?p=40464 http://bilbo.economicoutlook.net/blog/?p=3737 Bill Mitchell on the European Union and Brexit: http://bilbo.economicoutlook.net/blog/?p=33876 Transcript for opening monologue: https://www.patreon.com/posts/42076057

Sep 27, 20201h 42m

#66 - Patricia & Christian: Unpacking The Deficit Myth (part 2)

Part 2: Patricia and Christian talk about Stephanie Kelton's best-seller The Deficit Myth. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Our first three episodes: https://www.patreon.com/posts/41742417 Our episodes with Steven Hail on understanding government bonds: Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500 Our episodes with Sam Levey about War Bonds: Episode 32: https://www.patreon.com/posts/30005574 Episode 33: https://www.patreon.com/posts/30112818 Stephanie Kelton's "green dollar, yellow dollar" explanation of government bonds (but in pink!) starts at 19:49: https://youtu.be/c6ss3p4jjI4 Dr Steven Hail's introductory article, "Explainer: what is modern monetary theory?": https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Stephanie Kelton's introduction to MMT: "The Public Purse" Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf Our two-part interview with Warren Mosler: https://www.patreon.com/posts/28004824 https://www.patreon.com/posts/28142083 The Deficit Myth reading group questions: https://www.patreon.com/posts/39967940 Part 1 of our Unpacking The Deficit Myth series: https://www.patreon.com/posts/39964869 Transcript for opening monologue: https://www.patreon.com/posts/41893376

Sep 23, 20201h 4m

#65 Phil Armstrong: Understanding Inflation

Patricia and Christian talk to author and MMT scholar Phil Armstrong about inflation, hyperinflation, the gold standard, John Maynard Keynes' Bancor plan and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Phil's recent presentation - The Post-Covid Economy: https://www.patreon.com/posts/40249996 Phil's book, Can Heterodox Economics Make a Difference? will be available in November: https://www.e-elgar.com/shop/gbp/catalogsearch/result/?q=armstrong Our other episodes with Phil: https://www.patreon.com/posts/36619334 https://www.patreon.com/posts/36846931 Phil talks about the Ruhr Valley, the industrial region of Germany which was invaded and occupied by French and Belgian troops from 1921 to 1925 as a reprisal for Germany failing to fulfil World War I reparation payments. More here: https://en.wikipedia.org/wiki/Occupation_of_the_Ruhr Phil talks about the ERM (European Exchange Rate Mechanism), which locked together the various currencies of what were to become the Eurozone member nations at fixed or semi-pegged exchange rates. More here: https://en.wikipedia.org/wiki/European_Exchange_Rate_Mechanism Warren Mosler on Paul Volcker (from 13:25) : https://youtu.be/6WSQ20I1Jv4?t=809 Transcript for opening monologue: https://www.patreon.com/posts/40672579

Aug 23, 20201h 22m

Ep 64#64 John T Harvey: Exchange Rate Theory - Is It As Horrifically Boring As It Sounds? (presentation)

Author and Cowboy Economist Professor John T Harvey gives a presentation on exchange rate theory. Event organised by Modern Money Australia. Video of this event: https://www.youtube.com/watch?v=1bypu9wnLuA Modern Money Australia website (join mailing list for updates): https://modernmoneyaustralia.org Sign up for the next online Modern Money Australia event, "Solving unemployment in a Covid-19 world": https://www.eventbrite.com.au/e/solving-unemployment-in-a-covid-19-world-tickets-116846624399?aff=ebdssbonlinesearch Our episode 41 with Steven Hail explaining some of the mechanics of the foreign exchange market: https://www.patreon.com/posts/32695528 Our episodes 18, 19, 42, 57 and 58 and with John T Harvey: https://pileusmmt.libsyn.com/18-john-t-harvey-macroeconomics-done-properly-part-1, https://www.patreon.com/posts/27838781, https://www.patreon.com/posts/33460238 , https://www.patreon.com/posts/38637864, https://www.patreon.com/posts/38826846 Support this podcast: https://www.patreon.com/MMTpodcast Transcript for opening monologue: https://www.patreon.com/posts/40518138

Aug 16, 20201h 41m