Tag Archives: Bill Mitchell

As part of my recent European speaking engagements, I went to Rome on February 5, 2020 to speak at the Italian Senate on Modern Monetary Theory (MMT) and the dysfunctional state of the European Union. The next day I had long discussions with one of my co-authors, Thomas Fazi, who I wrote – Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Books, September 2017) with. We have been working on the sequel to that book for some time, and, in the...

Very brief first impressions. Bond Economics Initial Comments On The New MMT Macro TextbookBrian Romanchuk

Professor Stephanie Kelton to join group of economics advisers to new MMT Scotland group New Scottish economics group to argue for Modern Monetary Theory policies for independent state. Some of the worlds most influencial MMT advocates to join advisory panel, including key Sanders 2016 campaign adviser Prof Stephanie Kelton. MMT part of a new wave of economic thought around the developed world. Heterodox economic school sets economic thinkers in opposition to Growth Commission...

Last week, Warren Mosler and I had one of our regular catchups and we discussed at length the state of play in Modern Monetary Theory (MMT). We are quite protective of it. We mused about how we started out on this Project and where it has gone. As old stagers do when they get together. We also reflected and compared notes on what the state of MMT is now, given the increasing visibility of the ideas in the mainstream media all around the world and the proliferation of social media activists...

Review of Bill Mitchell and Thomas Fazi's Reclaiming the State.Village‘Reclaiming the State – a Progressive Vision of Sovereignty for a Post-Neoliberal World’Anthony Coughlan | Associate Professor Emeritus in Social Policy, Trinity College Dublin

In a Jacobin article earlier this year, Thomas Fazi and Bill Mitchell argued in favour of a hard Brexit. We published a reply, also in Jacobin. Fazi and Mitchell (FM) responded with accusations of strawman arguments, false claims, bias and muddled thinking. We intended to write a reply at the time, but other commitments got in the way. However we believe that FM’s reply was sufficiently inaccurate – and in places, dishonest – that a reply is required, even if belatedly.... Critical Macro...

More framing.This is a really good article. Concise, precise, and clearly formulated so that anyone can understand it. Disseminate widely.Here is the lede: Governments of all stripes base their policies on mainstream economics. Powerful challenges to the mainstream, especially from ecological economics and modern monetary theory, explain why we are in a hole and can’t seem to get out. If this article is largely correct, we can conclude that the economics profession is a major cause –...

I had an impromptu debate with Warren Mosler, the founder and still one of the leading figures of "Modern Monetary Theory" recently. We disagreed on the role of trade deficits, and this has led another MMT luminary, Bill Mitchell, to write two commentaries critiquing my position (see "Trade and external finance mysteries – Part 1" and "Trade and finance mysteries – Part 2". This is my partial reply to Mitchell—there are more issues that I want to take up when I have time to do so.......

One video is by Bill Mitchell, another is by Steve Keen, and another by Immanuel Wallerstein.Naked KeynesianismOn the Blogs -- The Video EditionMatias Vernengo | Associate Professor of Economics, Bucknell University

Remainers claim that Brexit will be an economic apocalypse. But it provides the opportunity for a radical break with neoliberalism. JacobinWhy the Left Should Embrace Brexit Thomas Fazi and Bill Mitchell