Our final programme for our three-day festival in Edinburgh. Tickets are still available for most of the sessions! www.tickettailor.com/events/scotl...

Calling it a “budget crisis” tends to make the destruction of capacity—closures, understaffing, deferred maintenance—appear as the responsible form of settlement, which is the upside-down austerity world that neoliberal governance has taught us to accept. 5/

If you’ve been interested in universal basic income, then you need to know about this alternative… the Job Guarantee. Read the details of how it would work here.

MMTUK has launched We're a new, independent research organisation bringing Modern Monetary Theory to UK policy debates. Our first paper launches later this month: a fully-costed UK Job Guarantee proposal. mmtuk.org #MMT #UKPolitics

If you’ve previously written off LLM’s as hype-based hallucinators, you might be forgiven, based on the early models. But that view isn’t accurate any more. Current versions are seriously impressive. Pay attention to what us scientists and coders are reporting. youtu.be/PctlBxRh0p4?...

Here’s a post I wrote about The Illusion of Explanatory Depth drbenvincent.medium.com/the-illusion... (but also sneaks in some #mmt)

Not an Economic Question but a Question about Economics open.substack.com/pub/susanbor...

When I hear “LLMs are just guessing words,” I think “Bayes is just arithmetic.” True at one level - yet it misses the emergent capabilities.

Scotland’s Economics Festival is a unique, public-facing celebration of economic thinking – designed to challenge, inform, and inspire. Edinburgh 19th- 21st March 2026. www.scoteconfest.org/. Tickets are available now. Speakers include 🎤

Introducing: The Bayesian Marketing Analytics Course by PyMC Labs. Stop guessing if your ROI is real or just market noise. Master uncertainty-aware decision rules and causal inference in a course led by #PyMC lead practitioners. Join our February cohort: dub.link/AHtL0NY

My EV does 3.1–4 miles per kWh and my off-peak rate is 8.5p/kWh. That’s about 2.13–2.74p per mile in electricity. Add the new 3p/mile tax and it jumps to 5.13–5.74p per mile – more than doubling my running costs (about 2.1–2.4× higher). Punishing EV’as is a bizarre policy choice.

The very first thing the Prime Minister does is use the household budget metaphor. A metaphor - this report into BBC coverage - said could be "easily misleading." Why is the government trying to mislead the country?

#CausalPy 0.6.0 adds Bayesian Propensity Score Enhancements! Flexible spline adjustments, improved joint modeling, and an example notebook make scoring more robust, showing how design thinking complements #Bayesian estimation. 🧩Try it on Github: dub.link/9jkcRao

🚀 #CausalPy 0.6.0 is live! A key highlight: the new Prior class, enabling fully custom #Bayesian priors and advanced setups like spike-and-slab or synthetic control models. More flexibility, more transparency, better causal modeling. 🧩 𝗖𝗵𝗲𝗰𝗸 𝗶𝘁 𝗼𝘂𝘁 𝗼𝗻 𝗚𝗶𝘁𝗛𝘂𝗯: dub.link/QrkzW8C

Random data viz. Solar generation from our modest array. From May 2023 onwards.

I've finally got around to curating a selection of films about the #climate crisis 🎥 There's lot of mediocre climate films out there, but for me these stand out head & shoulders above the rest 🎞️ They make excellent resources for classrooms, lecture halls, or community cinema's 🎬 Thread:🧵Plz RT

Lost like this is going to be interesting. This guy knows more than me, no doubt, but at 7m 7s he says something which seems totally wrong. That there is no government money, only private bank money 🤨 youtu.be/GKvSMtqhccw?...

Every time the chancellor or the media mention fiscal black holes, I just can’t help think about this video which explains it in a way that a 5 year old would understand. #sectoralbalances youtu.be/mtDzC3i9i6A?...

Realising the great transition Part 1: youtu.be/kIWF_XcU40Q?...

Sign & share comrade petition.parliament.uk/petitions/73...

If I can’t make it live (toddler duties) can I ask, “Sectoral balances seem pretty easy to explain. Would you say that this is a good gateway drug into MMT?”

Very informative preprint written by several leading causal inference authors that addresses 12 current issues in the field. arxiv.org/abs/2508.17099

Impedance scales are rubbish. They indicate no change - very demoralising. Using skinfold callipers reveals the truth - fat loss and lean mass gain 💪🏻🏋🏻‍♂️

The most recent Scottish Government prospectus for independence announced its desire to follow the EU's fiscal rules, the "SGP", once Scotland was independent and BEFORE it joined the EU. No one has ever considered the economic impact of that decision until now. Thread. 1/10

This is quite a painful watch for anyone who understands #MMT. Governments are not households! youtu.be/KHdUAZnGS50?...

The UK's Online Safety Act has caused a massive increases in Google searches for "VPN." Quick little Bayesian Causal analysis of Google Trends data. See more on the linked in post here: www.linkedin.com/posts/benjam...

This is a good example of an (ex) MP not understanding fiat currency. The hard money view is so appealing, people find it hard to escape from its gravitational pull. An alternative argument would be that £ has value because we go to prison if we don’t pay our taxes. #mmt youtu.be/Li3L1s5VKK0?...

Hope you don’t mind @patriciapino.bsky.social & co, but I’ve been trying to point YouTubers in your direction. I assume you’d be receptive? IMHO getting some YouTubers savvy on MMT would be force multiplier. This channel has showed some interest youtube.com/@maximilienr... #mmt

Hi @octopus.energy I love the app, but the estimated costs is confusing. The graph includes standing charges, but the question mark icon next to the estimated cost says it doesn't include fixed charges. Any chance you could clear that up?

Anyone familiar with the VO2 max ➡️ longevity literature? Isn't relative VO2 max (ml/kg/min) a terrible measure, being conflated with body mass? Isn't this collider bias / backdoor path city? #causality

🚨 We’re opening our private Bayesian modeling workshops to the public — for the first time After this course, you won’t just build better models. You’ll know how to explain them — to technical and non-technical stakeholders alike 🎓 Led by top PyMC experts. 📎 Register here: dub.link/68uMjpp

How I explain frequentism vs Bayesianism to my students

CausalPy hits 1000 stars on GitHub 🤩

What I want Apple Intelligence to do (non-exhaustive): - I want to interact with and and ask questions of pdf files in Preview, and web pages in Safari - Way better understanding of what I’m trying to type when using the keyboard swipe input method (as opposed to the traditional tap tap method)

This video will change your life*. #MMT ‘ers need to do more like this. Sectoral balances is definitely over route “in”. youtu.be/mtDzC3i9i6A?... *or at least how you understand the world.

New blog post: drbenvincent.github.io/posts/mcmc_g...

Climbing the causal ladder for fun and profit… The recording of my @pydata.bsky.social 2024 talk is up! Learn about causal inference, illustrated with an interesting demand estimation business problem. youtu.be/ajLPA34upQY?...

[CausalPy news] BBC Studios are using CausalPy for their out-of-home marketing analytics. medium.com/bbc-studios-...

Well this is a very interesting documentary, watching with your #mmt glasses on. “… but where was the money going to come from? … since the nazi’s had none, they invented it.” youtu.be/VXnuIbGCYG8?...

What’s the difference between private and central bank money creation? Do feel free to let me know any mistakes - this is a technical topic! Unpaywalled link: drbenvincent.medium.com/whats-the-di... #mmt

This is interesting by @garyseconomics.bsky.social but I don’t buy step 3 - governments who issue their own currency don’t borrow to fund spending as such. They issue bonds for other reasons, not to generate income. They are the ones who create currency in the first place. youtu.be/pUKaB4P5Qns?...

30m documentary by the FT on government debt. Wouldn’t it be totally amazing if all these confident & highly paid people are totally wrong and a plucky bunch #mmt ‘ers got it right! youtu.be/n1jhoU9Mp_U?...

At PyMC Labs I've been working with a group developing synthetic consumers for marketing research. We just published this white paper with an overview of work in this space -- and we have a blog post coming next week with some experimental results. www.pymc-labs.com/blog-posts/s...

Austerity as Self-Imposed Anaemia: Rethinking Government Deficits Unpaywalled link: drbenvincent.medium.com/austerity-as... #MMT

My latest. stephaniekelton.substack.com/p/elon-musk-...

By joining a cooperative energy generation company @rippleenergy.bsky.social, it looks like we’re carbon neutral! (At least in tens of our electricity use) In December we net generated more carbon than we consumed. But over multiple months we’re hovering around net zero.

✨ This year, we saw many new contributors contribute to PyMC-Marketing & CausalPy. Their work has made a real difference. 🌱 Some are first-time contributors, while others are experienced developers. 🙏 Thank you to everyone who contributed this year we’re excited to see what’s next!

Everything you wanted to know about about #MMT and Father Christmas drbenvincent.medium.com/father-chris...

#causal folk… This sound about right?