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Why is modern monetary theory so important? youtu.be/DKoQAYPU_rE?si… Some people argue that modern monetary theory is irrelevant or that it changes nothing. They’re wrong. MMT fundamentally reframes the power relationships within our economy, moving power away from banking and the

The global financial crisis had nothing to do with govt spending, it was cascading failures of *private* junk debt (mortgage-backed securities). It makes me so angry that people like this are running things - come learn about how we can do this better ucl.ac.uk/bartlett/publi…

Persistently high inequality post-Thatcher has severely damaged democracy It took the rise of the unions/Labour, two world wars & a depression+ Keynesian econ to reverse before The rise of a new left, using MMT & ecological econ in an era of climate change can restore democracy

Why should Sharon Graham Of Unite think for a minute that the current Labour Party and government have any intention of making things better for pensioners, children or anyone other than Starmer's donors?

Finally some real challenges on Question Time! Come to this screening of FINDING THE MONEY Film and hear from Mariana Mazzucato’s colleagues on exactly how govts create money (the borrowing part comes afterwards!), and from Zack Polanski on implications for politics ucl.ac.uk/bartlett/publi…

Mariana Mazzucato BBC Question Time Thank you for making the case that the U.K. government is not like a household and highlighting the costly societal consequences of austerity. The BBC have a public duty to inform people truthfully, as public fear over borrowing and deficits are destroying lives and prosperity.

Sheridan Kates 🕊️ Gower Initiative for Modern Money Studies FINDING THE MONEY Film Mariana Mazzucato Zack Polanski She’s said it before, even more clearly. BBC TV Newsnight, 6 March 2023

What Sheridan says here is completely spot on. Watching this film is an intellectual adventure and lots of fun. Please come.

Time for new thinking on public finance as we start the reign of a new Government. The Gower Initiative is a key voice in the public debate on this topic. Time to burst the bubble of conventional thinking.

There is plenty of money. And to see why come and watch this mind stretching film:

Ain't no problem, as you know, Eddy. For those unsure and living in or near London, come see this film. It has all the explanation you need.

Instead, check out the economics of the many not these finance and energy industry lobbyists. Come to this event at UCL on 3 October. (Excuse the trolling.)

Working class power depends on having a parliamentary majority that understands Britain's true fiscal capacity, see below, and makes use of this capacity for the public purpose, see below.

For more on this line of thought, come to London to watch on 3 October this great film all about MMT for progressives:

Also come to this film showing below and you can hear Josh develop these points in person.

If you want to hear Patricia develop her thoughts further on our Government's fiscal capacity come to this film event, at which she will be part of the panel handling the Q&A afterwards.

I was there. Nelson was incredible. Not only a hugely effective leader of her union but also a major champion of MMT thinking. Also a friend of Stephanie Kelton who is the star of the following film which is coming to London on 3 October. See you there.

I am not disinterested but Patricia gave a compelling case at this conference for why we need to rethink the conventional view of our country's fiscal capacity. There are no fiscal constraints just real resource constraints. Her whole panel on Class and Labour was excellent.

In case you missed it! Some inspiring talks by Stephen Houlgate, Robb Dunphy, Robert Bergman, and Richard Winfield. All the talks engaged the work of William Maker and the theme of foundation free philosophy. m.youtube.com/watch?v=FvD0R1…