William Mitchell
@billmitchell.org
π€ 769
π₯ 21
π 212
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
over 1 year ago
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Monday's blog post (22/06) is now posted (16:23 EAT) - Replacing Starmer/Reeves with another captive of the finance sector will change nothing -
billmitchell.org/blog/?p=63235
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Replacing Starmer/Reeves with another captive of the finance sector will change nothing β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63235
3 days ago
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Thursday's blog post (18/06) is now posted (12:07 EAT) - Towards a progressive rebuttal of the far Right narratives -
billmitchell.org/blog/?p=63233
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Towards a progressive rebuttal of the far Right narratives β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63233
7 days ago
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Monday's blog post (15/06) is now posted (17:59 EAT) - Can capitalism survive? Not if we want to solve the climate and poverty crisis -
billmitchell.org/blog/?p=63230
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Can capitalism survive? Not if we want to solve the climate and poverty crisis β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63230
10 days ago
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Thursday's blog post (11/06) is now posted (12:20 EAT) - Apparently the UK government is about to do the impossible - run out of sterling -
billmitchell.org/blog/?p=63226
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Apparently the UK government is about to do the impossible β run out of sterling β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63226
14 days ago
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Thursday's blog post (04/06) is now posted (16:41 EAT) - Australia's lowest paid workers enjoy a modest real wage gain courtesy Fair Work Commission -
billmitchell.org/blog/?p=63218
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Australiaβs lowest paid workers enjoy a modest real wage gain courtesy Fair Work Commission β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63218
21 days ago
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Wednesday's blog post (03/06) is now posted (14:42 EAST) - Australian national accounts - economy weakened in the March-quarter (and we are yet to see the Trump War impact) -
billmitchell.org/blog/?p=63204
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Australian national accounts β economy weakened in the March-quarter (and we are yet to see the Trump War impact) β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63204
22 days ago
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Monday's blog post (01/06) is now posted (17:00 EAT) - Monetary policy is not fit for purpose -
billmitchell.org/blog/?p=63197
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Monetary policy is not fit for purpose β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63197
24 days ago
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Thursday's blog post (28/05) is now posted (12:14 EAT) - Latest changes to Australian privatised job service industry are just window dressing and the sociopaths remain dominant -
billmitchell.org/blog/?p=63195
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Latest changes to Australian privatised job service industry are just window dressing and the sociopaths remain dominant β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63195
28 days ago
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Monday's blog post (25/05) is now posted (14:38 EAT) - Another major disservice in the quest for an enlightened society -
billmitchell.org/blog/?p=63192
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Another major disservice in the quest for an enlightened society β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63192
about 1 month ago
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Thursday's blog post (21/05) is now posted (12:32 EAT) - Australian labour market - sharp deterioration in April (RBA will be happy!) -
billmitchell.org/blog/?p=63177
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Australian labour market β sharp deterioration in April (RBA will be happy!) β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63177
about 1 month ago
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Monday's blog post (18/05) is now posted (17:34 EAT) - Australian government being bullied by the RBA to move towards irresponsible austerity -
billmitchell.org/blog/?p=63171
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Australian government being bullied by the RBA to move towards irresponsible austerity β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63171
about 1 month ago
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Thursday's blog post (14/05) is now posted (15:38 EAT) - Latest wages data makes a mockery of the RBA claims that the economy is overheating -
billmitchell.org/blog/?p=63166
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Latest wages data makes a mockery of the RBA claims that the economy is overheating β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63166
about 1 month ago
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Monday's blog post (11/05) is now posted (16:50 EAT) - Article 4 of the Bank of Japan Act 1997 ensures fiscal and monetary policy must work together -
billmitchell.org/blog/?p=63165
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Article 4 of the Bank of Japan Act 1997 ensures fiscal and monetary policy must work together β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63165
about 1 month ago
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Thursday's blog post (07/05) is now posted (12:14 EAT) - RBA rate hikes - ideology triumphing over evidence and reason -
billmitchell.org/blog/?p=63161
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RBA rate hikes β ideology triumphing over evidence and reason β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63161
about 2 months ago
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Monday's blog post (04/05) is now posted (16:31 EAST) - US economy on an unstable knife edge at present -
billmitchell.org/blog/?p=63155
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US economy on an unstable knife edge at present β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63155
about 2 months ago
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Thursday's blog post (30/04) is now posted (16:45 EAT) - Has the UAE seen the writing on the wall (peak oil that is)? -
billmitchell.org/blog/?p=63150
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Has the UAE seen the writing on the wall (peak oil that is)? β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63150
about 2 months ago
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Thursday's blog post (23/04) is now posted (17:35 EAT) - Robert Skidelsky death - some recollections -
billmitchell.org/blog/?p=63146
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Robert Skidelsky death β some recollections β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63146
2 months ago
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Monday's blog post (20/04) is now posted (16:56 EAT) - A classic case of the Australian government denying that it is the Australian government -
billmitchell.org/blog/?p=63144
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A classic case of the Australian government denying that it is the Australian government β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63144
2 months ago
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Thursday's blog post (16/04) is now posted (12:47 EAST) - Australian labour market - largely stable but dark clouds present -
billmitchell.org/blog/?p=63134
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Australian labour market β largely stable but dark clouds present β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63134
2 months ago
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Monday's blog post (13/04) is now posted (16:33 EAST) - A structured approach for progressive political ambitions β Part 7 -
billmitchell.org/blog/?p=63131
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A structured approach for progressive political ambitions β Part 7 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63131
2 months ago
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Thursday's blog post (09/04) is now posted (11:55 EAST) - A structured approach for progressive political ambitions β Part 6 -
billmitchell.org/blog/?p=63129
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A structured approach for progressive political ambitions β Part 6 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63129
3 months ago
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Thursday's blog post (02/04) is now posted (16:34 EAST) - A structured approach for progressive political ambitions β Part 5 -
billmitchell.org/blog/?p=63126
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A structured approach for progressive political ambitions β Part 5 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63126
3 months ago
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Monday's blog post (30/03) is now posted (17:26 EAST) - The Manosphere fills a void created by neoliberalism which has been largely ignored by progressives -
billmitchell.org/blog/?p=63124
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The Manosphere fills a void created by neoliberalism which has been largely ignored by progressives β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63124
3 months ago
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Thursday's blog post (26/03) is now posted (16:59 EAST) - New Green-linked report in Britain avoids the critical issue -
billmitchell.org/blog/?p=63122
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New Green-linked report in Britain avoids the critical issue β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63122
3 months ago
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Monday's blog post (23/03) is now posted (16:44 EAST) - A structured approach for progressive political ambitions β Part 4 -
billmitchell.org/blog/?p=63120
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A structured approach for progressive political ambitions β Part 4 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63120
3 months ago
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Thursday's blog post (19/03) is now posted (13:06 EAST) - Australian labour market - unemployment rises sharply - hard to reconcile with RBA's excess demand claim -
billmitchell.org/blog/?p=63108
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Australian labour market β unemployment rises sharply β hard to reconcile with RBAβs excess demand claim β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63108
3 months ago
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RBA Boss says they are trying to "bring the excess demand down" - which excess demand? Unemployment is already rising and consumer spending is weak. The current inflation is supply-driven. The RBA is repeating mistakes it made in 2022 when supply fell. Now they are hiking because ships cannot sail.
3 months ago
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Somehow the Reserve Bank thinks ships will sail through the Strait of Hormuz more quickly if they hike Australian interest rates. All they are doing is adding to the pain for low income earners of the higher petrol prices and ensuring unemployment rises (more paid). Their decision defies reason.
3 months ago
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Monday's blog post (16/03) is now posted (08:00 EAST) - A structured approach for progressive political ambitions β Part 3 -
billmitchell.org/blog/?p=63101
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A structured approach for progressive political ambitions β Part 3 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63101
3 months ago
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@noexitlovenow.bsky.social
Thursday's blog post (12/03) is now posted (16:58 EAST) - Interest rate hikes will not get ships moving through the Strait of Hormuz more quickly -
billmitchell.org/blog/?p=63096
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Interest rate hikes will not get ships moving through the Strait of Hormuz more quickly β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63096
3 months ago
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Monday's blog post (09/03) is now posted (17:06 EAST) - A structured approach for progressive political ambitions β Part 2 -
billmitchell.org/blog/?p=63094
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A structured approach for progressive political ambitions β Part 2 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63094
4 months ago
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Thursday's blog post (05/03) is now posted (16:24 EAST) - Australian national accounts - growth is up but mostly because of inventory buildup which will reverse -
billmitchell.org/blog/?p=63081
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Australian national accounts β growth is up but mostly because of inventory buildup which will reverse β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63081
4 months ago
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Monday's blog post (02/03) is now posted (02:06 London time) - A structured approach for progressive political ambitions - Part 1 -
billmitchell.org/blog/?p=63079
#mmt
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A structured approach for progressive political ambitions β Part 1 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63079
4 months ago
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Thursday's blog post (26/02) is now posted (05:28 London) - Inflation in Japan - invariant to monetary policy and be careful what you wish for (tourism) -
billmitchell.org/blog/?p=63075
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Inflation in Japan β invariant to monetary policy and be careful what you wish for (tourism) β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63075
4 months ago
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Monday's blog post (23/02) is now posted (04:09 London time) - A successful degrowth strategy will require a massive redistribution of income and wealth towards the poorest -
billmitchell.org/blog/?p=63071
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A successful degrowth strategy will require a massive redistribution of income and wealth towards the poorest β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63071
4 months ago
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Thursday's blog post (19/02) is now posted (09:52 Londong Time) - Australian labour market - labour demand tracks labour supply - steady -
billmitchell.org/blog/?p=63060
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Australian labour market β labour demand tracks labour supply β steady β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63060
4 months ago
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Monday's blog post (16/02) is now posted (13:57 EAST) - Actions by our governments are the opposite to what we require from them on climate change -
billmitchell.org/blog/?p=63058
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Actions by our governments are the opposite to what we require from them on climate change β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63058
4 months ago
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Thursday's blog post (12/02) is now posted (13:58 EAST) - Those who invoke the 'Truss Moment' should look at what is happening in Japan -
billmitchell.org/blog/?p=63057
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Those who invoke the βTruss Momentβ should look at what is happening in Japan β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63057
4 months ago
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Event Announcement - Upcoming London visit and public event details -
billmitchell.org/blog/?p=63055
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Upcoming London visit and public event details β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63055
5 months ago
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Monday's blog post (09/02) is now posted (15:39 EAST) - Australian government aids and abets the view of a person implicated for inciting genocide -
billmitchell.org/blog/?p=63053
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Australian government aids and abets the view of a person implicated for inciting genocide β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63053
5 months ago
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Thursday's blog post (05/02) is now posted (15:40 EAST) - RBA bows to financial market pressure and boost bank profits at the expense of low-income mortgage holders -
billmitchell.org/blog/?p=63049
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RBA bows to financial market pressure and boost bank profits at the expense of low-income mortgage holders β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63049
5 months ago
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The Australian gov't is facilitating a visit of a head of a state, that is in breach of international law and has a PM who is wanted for genocide. In doing so, they are aiding and abetting the terror that that state has launched against the Palestinian people.
www.theguardian.com/commentisfre...
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Isaac Herzog is accused of inciting genocide in Gaza. He shouldnβt be welcomed to Australia | Chris Sidoti
Anthony Albanese should recognise he made a terrible mistake in inviting the Israeli president to Australia and put a stop to this divisive political visit
https://www.theguardian.com/commentisfree/2026/feb/05/albanese-can-still-withdraw-the-invitation-to-israels-president-he-should-do-so-for-the-sake-of-social-cohesion-ntwnfb
5 months ago
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Monday's blog post (02/02) is now posted (18:03 EAST) - Japan's Government Pension Investment Fund and the yen - mainstream macro myths driving bad policy -
billmitchell.org/blog/?p=63044
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Japanβs Government Pension Investment Fund and the yen β mainstream macro myths driving bad policy β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63044
5 months ago
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Thursday's blog post (29/01) is now posted (13:10 EAST) - Japan goes to an election accompanied by a very confused economic debate -
billmitchell.org/blog/?p=63043
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Japan goes to an election accompanied by a very confused economic debate β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63043
5 months ago
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Monday's blog post (26/01) is now posted (15:50 EAST) - Recent extended discussion with RadioMMT - Part 1 -
billmitchell.org/blog/?p=63041
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https://billmitchell.org/blog/?p=63041
5 months ago
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Thursday's blog post (22/01) is now posted (13:15 EAST) - Australian labour market - stronger as employment growth outstrips the growth in the working age population -
billmitchell.org/blog/?p=63029
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Australian labour market β stronger as employment growth outstrips the growth in the working age population β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63029
5 months ago
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Monday's blog post (19/01) is now posted (16:23 EAST) - AI is is fast becoming another control tool of capitalism -
billmitchell.org/blog/?p=63027
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AI is is fast becoming another control tool of capitalism β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63027
5 months ago
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Thursday's blog post (15/01) is now posted (11:05 EAST) - Curbing the freedom of writers will not advance human rights -
billmitchell.org/blog/?p=63023
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Curbing the freedom of writers will not advance human rights β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63023
5 months ago
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Monday's blog post (12/01) is now posted (17:27 EAST) - India's employment guarantee sabotaged to the point of extinction by the neoliberal Narendra Modi -
billmitchell.org/blog/?p=63021
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Indiaβs employment guarantee sabotaged to the point of extinction by the neoliberal Narendra Modi β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63021
5 months ago
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Thursday's blog post (08/01) is now posted (17:24 EAST) - Is there hope for a post neoliberal world? -
billmitchell.org/blog/?p=63019
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Is there hope for a post neoliberal world? β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63019
6 months ago
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