MMT Tools for Sceptics: How to Convince Your Friend You’re Not A Conspiracy Theorist mmt101.substack.com/p/mmt-tools-...

MMT Tools for Sceptics: How to Convince Your Friend You’re Not A Conspiracy Theorist mmt101.substack.com/p/mmt-tools-...

SIR Keir Starmer... I had no idea...

1. There’s an irony at the core of central bank independence: it is sold as a way to keep economic decision-making free from ‘political influence’, yet the idea itself emerged from a particular political worldview.

New on MMT101: Is Central Bank Independence Just A Neoliberal Shield Against Democracy? tinyurl.com/55t9vzch

1. Where did the idea of the ‘independent central bank’ come from in the first place, and what was the idea behind it? This is an important question, as it has an impact on both the material wellbeing of citizens and on democratic accountability.

6. Socrates is trying to snap us out of a trance by asking questions, but the benefits are lost on those who are still entranced.”

New on MMT101: Is Central Bank Independence Just A Neoliberal Shield Against Democracy? tinyurl.com/55t9vzch

Nearly the New Year! Here’s a roundup of IndyPodcasters in Thumbnails. Pt1 @pensioners4indy.bsky.social @patkane.bsky.social @anthonycarroll.bsky.social @fatima-joji.bsky.social @thessp.bsky.social @snpcnd.bsky.social @revivecoalition.bsky.social @scottishgreens.org

What the United States did in Venezuela is prohibited under international law, which bars the use of force as an instrument of national policy.

Tonight, the President of the United States has launched an unconstitutional war of aggression, dooming another generation to spill their blood for oil, and lay waste to a sovereign nation. I demand that Congress exercise its power, halt this conflict, and impeach this war criminal president.

My latest blog piece, Trump's attack on Venezuela shows that the USA is now the superpower of piracy. Scotland needs to reintegrate with Europe in order to protect itself weegingerdug.wordpress.com/2026/01/03/t...

People are going to try and lure you into debates about whether Maduro was a good guy or not and the thing is, it doesn’t matter for the purposes of discussing whether violent kidnappings and extrajudicial murders by the US government are ok. No, they aren’t! End of convo.

You should be embarrassed to be a member of congress and issuing anything other than impeachment resolutions. You're in the model UN. They should give you legos and a propeller hat

More reaction to Maduro’s “arrest”

1. Does a government running a surplus mean it can spend more in the future? If governments were like households then sure, it would work that way. The capacity of households to buy stuff is constrained by what they can earn, borrow or sell.

Thanks for pointing out Harvey book. Did not know about it. . History of economic thought was one of my favourite university courses

Yeah it's a cracker. :-)

1. Do Governments Need To Save For Future Needs? We often hear politicians claim that by cutting spending today the government will be able to save to meet the needs of tomorrow. One frequently cited example is the idea that ‘we need to plan for future pension demands’, i.e.,

1. I’m reading a book called ‘How To Think Like Socrates’ by Donald J. Robertson. It’s a cracker. Note that it’s not a complete surprise that I’m reading this, as one of the subjects I took when I was at university was Political Ideologies - and on that course I studied

The Piggy Bank Myth: Why Governments Can’t ‘Save for A Rainy Day’ Surpluses, Wealth Funds, The Gold Standard, and the Government Piggy Bank Myth tinyurl.com/3ams8b3z

Top MMT economics books 2025, for festive reading. mmt101.substack.com/p/mmt101s-fe...

MMT Economics in 5 Boxes: Why Governments Spend the Way They Do tinyurl.com/46y6frhf

UK now an authoritarian regime.

The biggest shock is that this is happening under a Labour government who are also prepared to sell off our NHS and strip us of our Human Rights. #Labour. Let that sink in

1. MMT in Five Boxes: A Simple Framework for Understanding Government Spending Decisions This week I’m sharing a very simple idea you can use as an overall framework for understanding government spending decisions and the relationship between five key variables.

1. MMT in Five Boxes: A Simple Framework for Understanding Government Spending Decisions This week I’m sharing a very simple idea you can use as an overall framework for understanding government spending decisions and the relationship between five key variables.

New on MMT101: MMT economics in 5 Boxes: Why Governments Spend the Way They Do tinyurl.com/3bsrurm4

Gift a Subscription to MMT101 – As a Christmas Present It’s for people who want to build a fairer, greener world by understanding how money and government spending really work Click the link for details: tinyurl.com/yede4aa4

1. My reply to a critic throwing mud at MMT. Thanks for your input Kevin. At least MMT doesn't base an entire discipline on made-up assumptions, ideologically based human behaviours and an absence of empirical data to back up its assertions: which sadly for us all is what the

Gift a Subscription to MMT101 – As a Christmas Present It’s for people who want to build a fairer, greener world by understanding how money and government spending really work Click the link for details: tinyurl.com/yede4aa4

Top MMT economics books 2025, for festive reading. mmt101.substack.com/p/mmt101s-fe...

New on MMT101: MMT101’s Festive Reading List – My Top Three Books From 2025. Plus book recommendations from the MMT community. tinyurl.com/ym5w2x92

New on MMT101: MMT101’s Festive Reading List – My Top Three Books From 2025. Plus book recommendations from the MMT community. tinyurl.com/ym5w2x92

I’m compiling a ‘MMT Christmas Reading List’ - for my MMT101 Substack newsletter. What are your favourite MMT books? And if you have some thoughts on why they are your favourites please share. Thanks.

MMT101 - Modern Monetary Theory (MMT) – Why, What & How Learn MMT: A Comprehensive Beginners & Intermediate Course: Currency Issuers vs Users, Government Spending, Tax & More tinyurl.com/4e295m5m

1. Addressing the myth that commercial bank money is the same as government money Yes, commercial banks do create new money (in economic jargon this is called endogenous money) and the amount of that money available to spend within the economy goes up and down over time -

1. Why I Teach Modern Monetary Theory and What I’m Trying to Do I’m reposting the text from my ‘About’ page which I updated again this morning. MMT101 is for people who believe we can build a fairer, greener world by understanding how our monetary system works

New on MMT101: Commercial Banks Money Versus Government Money - Which is 'Top Dog'? What Modern Monetary Theory (MMT) reveals about bank money, government money and the interaction between the two mmt101.substack.com/p/commercial...

1. My reply to a question on my Substack about job guarantee - JG work for people who get paid to don't produce anything (my paraphrase) in relation to inflation and rousource use. "Good question, you’re right – planetary resources are finite and therefore what we need is

The optimal level of deficit is the level needed to support real outcomes: full employment; full use of available resources (and not beyond). It's all about managing real resources - there's no need to look at the level of spending. Real resource use tells us what's needed.

MMT101 is for people who believe we can build a firer, greener world by understanding how the economy and our monetary system work. Subscribe for free to get my weekly post: mmt101.substack.com/subscribe

1.MMT Basics: Why is a fixed exchange rate a barrier to implementing more progressive policies? If the government increases spending, citizens will have more money in their pockets and some of that money will be spent on imports.

1. Why fixed exchange rates create problems and distract governments from improving people’s lives In this post I explain why floating exchange rates along with a fiat currency are the core conditions that make MMT’s key insights possible.

New on MMT101. MMT Basics: Why Floating Exchange Rates Are Central to the Modern Monetary Theory (MMT) Story tinyurl.com/bdfyxy5u

Today - budget day - is the day to start learning how government spending works. #Budget2025 Take this course with coupon code LEARNGOVSPENDINGWRKS www.udemy.com/course/mmt10...

1. The fact that some governments issue their own currency and can’t run out, isn’t a secret Your friend has never heard of the idea that some governments issue their own currency, even thought it’s not a secret - it’s public knowledge;

19 credible quotes that you can use to help persuaded non-believers that currency issuing governments do indeed exist and they cannot run out of their own currency: tinyurl.com/mns4cw67

1. Tools and strategies to explain core MMT concepts to your sceptical friend In this week’s post I aim to provide you with a set of tools you can use to convince your friends that Modern Monetary Theory (MMT) does indeed have the potential to be the answer to many of the