All solid #MMT stuff this. Steven Hail Dr. Steve Keen Stephanie Kelton Fadhel Kaboub فاضل قابوب Dirk Ehnts Randy Wray Pavlina R Tcherneva Richard Murphy and me would all sign off in this. Why James is deaf to MMT gets more baffling each day.

Interesting perspective here #MMT

Highly recommend this. A ‘game-changer’ if you’ve got the time and energy to put towards setting yourself straight on ‘real-world’ economics & whats wrong with everything you thought you knew from Econ101. The lecturers/tutors are world-class, often those who wrote the text book.

And comes HIGHLY recommended!!!!!! #MMT #EcologicalEconomics #HeterodoxEconomics

Probably not far off the truth. This is around the historic average. Most other 'regions' of the UK will be the same. It is inevitable, considering the institutional design of Scotland within the UK. An independent Scotland would likely start off in a very similar position.

Here is Scotland's historic public debt from its three levels of government. The dotted line is the limit allowed by the EU's Stability and Growth Pact. The SNP says it will align with this on day one of independence. The question they refuse to answer is exactly how?

Many of us rely on BLS data daily. Their frequency and methods are crucial for our work. I'm pleased to welcome ex-BLS Commissioner Erika McEntarfer (Bard College alumna '95) to Levy Institute for a discussion on why data and measurement matter—for policy, markets, & our own lives. 🧵

It really doesn't.

And James Galbraith said exactly the same thing to me at Levy Institute over the summer.

Mexico has the right idea - since 2022 they've put together a guide price for basket of basic goods for a family, and they broadcast weekly updates on the best/worst-performing supermarkets against these prices. We need more public shaming for outrageous behaviour like this.

Wholesale inflation is up dramatically, but corporate profits aren't going down. A CNBC guest explains:  "Corporations are actually able to protect their profit margins and even increase their profit margins at times, using inflation and uncertainty as cover for price hikes..."

Join us to learn about Levy's graduate programs, scholarships, and new opportunities for students.

I've lived in Spain 6 years & this is by far the worst heatwave I've seen. I'm in the north which should be cooler but we've already had 2 days over 40C this week & 2 more to come. The country is covered in flames & it's obvious neither govt nor the people are prepared for this.

We have funds via our not-for-profit for two further part-time Global South scholarships on our ONLINE Masters program in modern monetary theory and ecological economics at Torrens University. For information, potential candidates should write to [email protected]

A cracking 'general' summary of the problems with a fixation on a neoliberal market economy.

Has the #GERS nonsense ended? Is it safe to come out?

On Barra today where 75 out of 400 crofters chose not to submit their statutory annual notice this year confirming they are living on and using their croft. Need to understand what lies behind this before we decide next steps.

Man. The paper I have written with Dirk Ehnts is going to cause a right stouche. We discuss fiscal rules and public deficts and the impact they have on the case for independence. Paper out 15th September.

Massive demonstration in Glasgow today. Stop starving Gaza. End the genocide.

Had fun with this podcast - Biz focused - different sort of questions. Check it out: youtube.com/watch?v=eR8xTm…