William Mitchell
@billmitchell.org
π€ 718
π₯ 21
π 147
Professor of Economics, one of founders of MMT, professional musician.
https://www.billmitchell.org
pinned post!
My new book with Warren Mosler - Modern Monetary Theory: Bill and Warren's Excellent Adventure. More information about the book from the Lola Books -
www.lolabooks.eu/products/mod...
It is available from most bookshops. In Australia, you can get it from -
www.readings.com.au/product/9783...
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Modern Monetary Theory - Bill & Warren's excellent adventure
In this book, William Mitchell and Warren Mosler, original proponents of what's come to be known asΒ Modern Monetary Theory (MMT), discuss their perspectives about how MMT has evolved over the last 30...
https://www.lolabooks.eu/products/modern-monetary-theory-bill-warrens-excellent-adventure
11 months ago
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Thursday's blog post (13/11) is now posted (10:28 Kyoto Time) - Australian labour market - slight improvement after two bad months -
billmitchell.org/blog/?p=62899
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Australian labour market β slight improvement after two bad months β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62899
about 5 hours ago
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Tuesday's blog post (11/11) is now posted (13:35 Kyoto Time) - Kyoto Report 2025 β 7 -
billmitchell.org/blog/?p=62884
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Kyoto Report 2025 β 7 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62884
2 days ago
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Monday's blog post (10/11) is now posted (13:46 Kyoto Time) - IMF comes late to the party but then cannot quite admit it -
billmitchell.org/blog/?p=62882
#mmt
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IMF comes late to the party but then cannot quite get admit it β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62882
3 days ago
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Tuesday's blog post (04/11) is now posted (16:52 Kyoto Time) - Kyoto Report 2025 β
billmitchell.org/blog/?p=62875
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Kyoto Report 2025 β 6 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62875
9 days ago
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Monday's blog post (03/11) is now posted (14:11 Kyoto Time) - Supply-side employment services models fail and promote sociopaths -
billmitchell.org/blog/?p=62873
#JobGuarantee
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Supply-side employment services models fail and promote sociopaths β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62873
10 days ago
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Thursday's blog post (30/10) is now posted (17:14 Kyoto time) - Japan β errant fiscal rule is sure to backfire -
billmitchell.org/blog/?p=62871
#mmt
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Japan β errant fiscal rule is sure to backfire β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62871
14 days ago
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Tuesday's blog post (28/10) is now posted (12:37 Kyoto Time) - Kyoto Report 2025 β 5 -
billmitchell.org/blog/?p=62860
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Kyoto Report 2025 β 5 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62860
16 days ago
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Monday's blog post (27/10) is now posted (15:56 Kyoto Time) - Japan challenges β is there really a labour shortage? β Part 6 -
billmitchell.org/blog/?p=62856
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Japan challenges β is there really a labour shortage? β Part 6 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62856
17 days ago
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Thursday's blog post (23/10) is now posted (12:47 Kyoto time) - Japan challenges - is there really a labour shortage? - Part 5 -
billmitchell.org/blog/?p=62852
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Japan challenges β is there really a labour shortage? β Part 5 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62852
21 days ago
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Tuesday's blog post (21/10) is now posted (12:16 Kyoto Time) - Kyoto Report 2025 β 4 -
billmitchell.org/blog/?p=62846
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Kyoto Report 2025 β 4 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62846
23 days ago
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Monday's blog post (20/10) is now posted (17:01 Kyoto Time) - Japan - where will the productivity growth come from? -
billmitchell.org/blog/?p=62842
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Japan β where will the productivity growth come from? β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62842
24 days ago
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Thursday's blog post (16/10) is now posted (11:54 Kyoto Time) - Australian labour market - getting worse due to policy failure -
billmitchell.org/blog/?p=62831
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Australian labour market β getting worse due to policy failure β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62831
28 days ago
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Please sign the petition to stop coal ship movements at the Port of Newcastle between November 29-30, during the Peopes Blockade of the Worldβs largest coal export port. Sign now
risingtide.nationbuilder.com/stop_the_coa...
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Stop the Coal Ships
https://risingtide.nationbuilder.com/stop_the_coal_ships?utm_campaign=council_approval_petition_cta&utm_medium=email&utm_source=risingtide
29 days ago
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Tuesday's blog post (14/10) is now posted (13:14 Kyoto time) - Kyoto Report 2025 β 3 -
billmitchell.org/blog/?p=62828
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Kyoto Report 2025 β 3 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62828
about 1 month ago
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Monday's blog post (13/10) is now posted (17:13 Kyoto Time) - Japan β the challenges facing the new LDP leader β Part 3 -
billmitchell.org/blog/?p=62823
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Japan β the challenges facing the new LDP leader β Part 3 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62823
about 1 month ago
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Thursday's blog post (09/10) is now posted (15:07 Kyoto time) - Japan β the challenges facing the new LDP leader - Part 2 -
billmitchell.org/blog/?p=62818
#mmt
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Japan β the challenges facing the new LDP leader β Part 2 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62818
about 1 month ago
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Tuesday's blog post (07/10) is now posted (15:52 Kyoto Time) - Kyoto Report 2025 β 3 -
billmitchell.org/blog/?p=62814
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Kyoto Report 2025 β 3 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62814
about 1 month ago
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Monday's blog post (06/10) is now posted (16:32 Kyoto Time) - Japan - the challenges facing the new LDP leader -
billmitchell.org/blog/?p=62810
#mmt
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Japan β the challenges facing the new LDP leader β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62810
about 1 month ago
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Thursday's blog post (02/10) is now posted (15:41 Kyoto Time) - My current number one candidate for the worst economics article of the year -
billmitchell.org/blog/?p=62809
#mmt
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My current number one candidate for the worst economics article of the year β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62809
about 1 month ago
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Tuesday's blog post (30/09) is now posted (15:26 EAST) - Kyoto Report 2025 β 2 -
billmitchell.org/blog/?p=62805
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Kyoto Report 2025 β 2 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62805
about 1 month ago
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Monday's blog post (29/09) is now posted (16:10 EAST) - Argentina entering the usual doom loop that austerity inevitably creates -
billmitchell.org/blog/?p=62797
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Argentina entering the usual doom loop that austerity inevitably creates β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62797
about 1 month ago
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Thursday's blog post (25/09) is now posted (12:19 EAST) - Bank of Japan's ETF sell-off is a sideshow -
billmitchell.org/blog/?p=62794
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Bank of Japanβs ETF sell-off is a sideshow β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62794
about 2 months ago
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Tuesday's blog post (23/09) is now posted (14:00 EAST) - Kyoto Report 2025 - 1 -
billmitchell.org/blog/?p=62792
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Kyoto Report 2025 β 1 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62792
about 2 months ago
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Monday's blog post (22/09) is now posted (17:25 EAST) - Australian Senate enquiry finds that the university sector is rotten to the core -
billmitchell.org/blog/?p=62789
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Australian Senate enquiry finds that the university sector is rotten to the core β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62789
about 2 months ago
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Thursday's blog post (18/09) is now posted (12:44 EAST) - Australian labour market takes a backward step -
billmitchell.org/blog/?p=62776
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Australian labour market takes a backward step β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62776
about 2 months ago
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Monday's blog post (15/09) is now posted (17:07 EAST) - Terrestrial water storage capacity is declining fast and is hardly getting any attention -
billmitchell.org/blog/?p=62770
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Terrestrial water storage capacity is declining fast and is hardly getting any attention β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62770
about 2 months ago
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Thursday's blog post (11/09) is now posted (16:21 EAST) - US Bureau of Labor Statistics revisions are not some arbitrary act but an attempt at making the data as accurate as possible -
billmitchell.org/blog/?p=62767
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US Bureau of Labor Statistics revisions are not some arbitrary act but an attempt at making the data as accurate as possible β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62767
2 months ago
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Monday's blog post (08/09) is now posted (17:51 EAST) - Some discussion about taxation -
billmitchell.org/blog/?p=62764
#mmt
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Some discussion about taxation β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62764
2 months ago
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Thursday's blog post (04/09) is now posted (11:08 EAST) - Recent podcast and some thoughts on trade -
billmitchell.org/blog/?p=62762
#mmt
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Recent podcast and some thoughts on trade β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62762
2 months ago
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Monday's blog post (01/09) - The struggles to teach political economy and the aftermath β we all lost -
billmitchell.org/blog/?p=62745
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The struggles to teach political economy and the aftermath β we all lost β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62745
2 months ago
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Wednesday's blog post (03/09) is now posted (15:22 EAST) - Australia national accounts - stronger economic growth in June-quarter 2025 -
billmitchell.org/blog/?p=62748
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Australia national accounts β stronger economic growth in June-quarter 2025 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62748
2 months ago
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Friday's blog post (29/08) is now posted (17:10 EAST) - The Smith Family MMT Manga - Episode 3 for Season 3 is now available -
billmitchell.org/blog/?p=62743
#mmt
3 months ago
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Thursday's blog post (28/08) is now posted (17:32 EAST) - Australia's unemployment rate is well above any reasonable full employment level -
billmitchell.org/blog/?p=62738
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Australiaβs unemployment rate is well above any reasonable full employment level β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62738
3 months ago
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Monday's blog post (25/08) is now posted (17:47 EAST) - Cryptocurrencies are not currencies -
billmitchell.org/blog/?p=62736
#mmt
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Cryptocurrencies are not currencies β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62736
3 months ago
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Thursday's blog post (21/08) is now posted (16:37 EAST) - Basing a childcare system on how much private profit it generates is a recipe for certain disaster -
billmitchell.org/blog/?p=62732
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Basing a childcare system on how much private profit it generates is a recipe for certain disaster β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62732
3 months ago
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Monday's blog post (18/08) is now posted (16:51 EAST) - Productivity growth is not the only source of increases in material well-being for the majority -
billmitchell.org/blog/?p=62727
#mmt
#degrowth
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Productivity growth is not the only source of increases in material well-being for the majority β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62727
3 months ago
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Thursday's blog post (14/08) is now posted (12:41 EAST) - Australian labour market - slight improvement but uncertainty continues -
billmitchell.org/blog/?p=62715
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Australian labour market β slight improvement but uncertainty continues β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62715
3 months ago
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Wednesday's blog post (13/08) is now posted (14:17 EAST) - Australian workers get modest real wage gains in latest data - finally -
billmitchell.org/blog/?p=62711
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Australian workers get modest real wage gains in latest data β finally β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62711
3 months ago
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Monday's blog post (11/08) is now posted (16:31 EAST) - What does it mean for a nation to become bankrupt? -
billmitchell.org/blog/?p=62707
#mmt
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What does it mean for a nation to become bankrupt? β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62707
3 months ago
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Our latest estimates of government investment required to introduce a Job Guarantee in Australia - Federal net outlays $A24.8 billion for 386.8 thousand jobs. Compare that to pandemic direct stimulus of $A311 billion over 2020-22. Access our report -
www.fullemployment.net/publications...
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https://www.fullemployment.net/publications/reports/2025/CofFEE_Research_Report_2025_01.pdf
3 months ago
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Thursday's blog post (07/08) is now posted (17:28 EAST) - The British government's obsession with the fiscal rules is driving the economy towards recession -
billmitchell.org/blog/?p=62704
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The British governmentβs obsession with the fiscal rules is driving the economy towards recession β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62704
3 months ago
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Monday's blog post (04/08) is now posted (17:34 EAST) - The so-called 'land of the free' is now a failed state and heading towards totalitarianism -
billmitchell.org/blog/?p=62700
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The so-called βland of the freeβ is now a failed state and heading towards totalitarianism β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62700
3 months ago
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Thursday's blog post (31/07) is now posted (16:51 EAST) - Major shifts in sentiment within Japan as they try to escape the cost-cutting excess profits mindset -
billmitchell.org/blog/?p=62696
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Major shifts in sentiment within Japan as they try to escape the cost-cutting excess profits mindset β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62696
3 months ago
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Wednesday's blog post (30/07) is now posted (13:15 EAST) - Inflation continuing to fall in Australia further exposing the incompetence of our central bank -
billmitchell.org/blog/?p=62686
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Inflation continuing to fall in Australia further exposing the incompetence of our central bank β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62686
4 months ago
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Monday's blog post (28/07) is now posted (16:42 EAST) - State level fire services need to be adequately funded - land tax hikes are necessary and progressive -
billmitchell.org/blog/?p=62681
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State level fire services need to be adequately funded β land tax hikes are necessary and progressive β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62681
4 months ago
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Friday's blog post (25/07) is now posted (08:42 EAST) - The Smith Family MMT Manga β Episode 2 for Season 3 is now available -
billmitchell.org/blog/?p=62678
4 months ago
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Thursday's blog post (24/07) is now posted (16:09 EAST) - The report of the Special Envoy to Combat Antisemitism in Australia should be categorically rejected by government -
billmitchell.org/blog/?p=62677
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The report of the Special Envoy to Combat Antisemitism in Australia should be categorically rejected by government β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62677
4 months ago
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Monday's blog post (21/07) is now posted (16:03 EAST) - Britain's Leeds Reforms - jumping the shark comes to mind -
billmitchell.org/blog/?p=62675
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Britainβs Leeds Reforms β jumping the shark comes to mind β William Mitchell β Modern Monetary Theory
The so-called βLeeds Reformsβ are a package of policy changes that will reduce the accountability of senior management in the large financial corporations and entice ordinary consumers to become sharemarket speculators.
https://billmitchell.org/blog/?p=62675
4 months ago
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Can you believe all these financial market economists talking about how todayβs labour market results are not bad and that underutilisation is βclose to a record lowβ? That rate is 10.3%. Record lows were unemployment < 2 per cent (not 4.3 per cent) and almost zero underemployment (not 6 per cent).
4 months ago
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Thursday's blog post (17/07) is now posted (12:38 EAST) - Australian labour market - evidence is mounting of policy sabotage driving the unemployment rate up -
billmitchell.org/blog/?p=62662
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Australian labour market β evidence is mounting of policy sabotage driving the unemployment rate up β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62662
4 months ago
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