William Mitchell
@billmitchell.org
π€ 758
π₯ 21
π 192
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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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
1 day 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
8 days 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
11 days 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
15 days 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
18 days 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
22 days 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.
24 days 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.
24 days 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
25 days 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
29 days 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
about 1 month 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
about 1 month 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
about 1 month 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
about 1 month 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
about 2 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
about 2 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
about 2 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
about 2 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
about 2 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
about 2 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
2 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
2 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
2 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
2 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
2 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
3 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
3 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
3 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
3 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
3 months ago
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Monday's blog post (05/01) is now posted (17:03 EAST) - When contraction is called expansion - Japanese government style -
billmitchell.org/blog/?p=63017
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When contraction is called expansion β Japanese government style β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63017
3 months ago
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Monday's blog post (22/12) is now posted (16:46 EAST) - Video - Japan at a Crossroads: Fiscal Policy, China, and the Growth -
billmitchell.org/blog/?p=63013
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Video β Japan at a Crossroads: Fiscal Policy, China, and the Growth β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63013
4 months ago
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Thursday's blog post (18/12) is now posted (17:20 EAST) - Trump's "best is yet to come" and the data reality are diverging - for the worse! -
billmitchell.org/blog/?p=63006
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Trumpβs βbest is yet to comeβ and the data reality are diverging β for the worse! β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63006
4 months ago
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Monday's blog post (15/12) is now posted (15:47 EAST) - The US attack on Europe misses the point entirely -
billmitchell.org/blog/?p=63004
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The US attack on Europe misses the point entirely β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=63004
4 months ago
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Thursday's blog post (11/12) is now posted (12:59 EAST) - Australian labour market - considerably weaker in November (not even close to full employment) -
billmitchell.org/blog/?p=62989
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Australian labour market β considerably weaker in November (not even close to full employment) β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62989
4 months ago
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Monday's blog post (08/12) is now posted (15:31 EAST) - A lower yen is not inflationary once the adjustments are absorbed -
billmitchell.org/blog/?p=62981
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A lower yen is not inflationary once the adjustments are absorbed β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62981
4 months ago
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Thursday's blog post (04/12) is now posted (17:41 EAST) - British Labour's obsession with fiscal rules is untenable and ignores the reality of the situation -
billmitchell.org/blog/?p=62980
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British Labourβs obsession with fiscal rules is untenable and ignores the reality of the situation β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62980
4 months ago
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Wednesday's blog post (03/12) is now posted (15:09 EAST) - Australian national accounts - government spending saves nation from zero growth -
billmitchell.org/blog/?p=62965
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Australian national accounts β government spending saves nation from zero growth β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62965
4 months ago
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Monday's blog post (01/12) is now posted (17:56 EAST) - Talk of a Plaza Accord 2.0 should heed the lessons of Plaza Accord 1.0 -
billmitchell.org/blog/?p=62958
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Talk of a Plaza Accord 2.0 should heed the lessons of Plaza Accord 1.0 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62958
4 months ago
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@nofinancialedu.bsky.social
Thursday's blog post (27/11) is now posted (13:10 EAST) - Panel of Japanese economists mired in erroneous mainstream constructions and logic -
billmitchell.org/blog/?p=62953
#mmt
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Panel of Japanese economists mired in erroneous mainstream constructions and logic β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62953
4 months ago
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Tuesday's blog post (25/11) is now posted (18:02 EAST) - Kyoto Report 2025 β 9 -
billmitchell.org/blog/?p=62935
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Kyoto Report 2025 β 9 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62935
5 months ago
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Monday's blog post (24/11) is now posted (15:23 EAST) - Corporate welfare is rife in Japanβs banking sector -
billmitchell.org/blog/?p=62931
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Corporate welfare is rife in Japanβs banking sector β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62931
5 months ago
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Thursday's blog post (20/11) is now posted (06:00 Kyoto Time) - Japan GDP growth contracts as politicians fight it out over size of fiscal stimulus -
billmitchell.org/blog/?p=62923
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Japan GDP growth contracts as politicians fight it out over size of fiscal stimulus β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62923
5 months ago
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Tuesday's blog post (18/11) is now posted (17:06 Kyoto Time) - Kyoto Report 2025 β 8 -
billmitchell.org/blog/?p=62912
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Kyoto Report 2025 β 8 β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62912
5 months ago
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Monday's blog post (17/11) is now posted (15:14 Kyoto Time) - The achievement of a degrowth future requires system change not green new deals =
billmitchell.org/blog/?p=62911
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The achievement of a degrowth future requires system change not green new deals β William Mitchell β Modern Monetary Theory
https://billmitchell.org/blog/?p=62911
5 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
5 months 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
5 months 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
5 months 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
5 months 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
5 months ago
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