"Decolonise to Decarbonise"

"“Meritocracy” has become a self-serving fiction"

"to tolerate fascist violence as a harsh necessity in the face of Left provocation"

A narrative for a Scottish currency www.taxresearch.org.uk/Blog/2025/10...

"“Meritocracy” has become a self-serving fiction"

As Brett Scott would say, physical cash is the bicycle or the hi rise building staircase. You might not wanna use it every day but very useful to have

“The self-made man is a lie that we have taught people to keep them from complaining, to keep them from whining, to keep them from asking for better from their government, to keep them from asking for better from their employer.” realprogressives.org/mnc-podcast-...

"when money rebuilds power, citizens lose it"

"We’re told tax is a curse and even “theft.” That’s wrong"

Zack Polanski, the leader of the Green Party, recently invited me to discuss economics. There was a lot to talk about. youtu.be/a27AfFTOW3o?...

Rachel Reeves has blamed a heavier than anticipated blow from Brexit and austerity for forcing her to take action to balance the books at next month’s autumn budget. THE BOOKS DO NOT NEED TO BALANCE WE ARE A NATION STATE NOT A HOUSEHOLD!!! www.theguardian.com/politics/202...

There will be a lot of nonsense talked about government borrowing today www.taxresearch.org.uk/Blog/2025/10...

When he right he right firstmonday.org/ojs/index.ph...

Economics is not neutral. Every choice about tax, spending & ownership reflects power A currency-issuing government creates money by spending; taxation follows to manage inflation, redistribute & give money value. Pretending otherwise hides who really benefits www.taxresearch.org.uk/Blog/2025/10...

Every pound of so-called “government debt” is a private financial asset. When the government spends, it creates money that becomes your wealth. Yet politicians pretend debt is a burden, and that is just wrong. youtu.be/lixZeo_jn-k?...

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

"the problem is getting them accepted"

Interesting on China’s internal debate between neoliberalism & Modern Monetary Theory: www.youtube.com/live/l6ahbf9...

An example of a government that actually governs. Not like in Australia, where they just leave it up to 'the market', where big business rakes in grotesque profits.

Economic gibberish from the FT. In a fiat currency regime such as ours, there can't be a 'hole' in public finances. Taxes do not have to be raised. You'd really expect that a publication that purports to report on financial matters would understand how public finances work.

Isn't neoliberal ideology so efficient and productive?

Also, to correct Corcoran: There's no such thing as a taxpayer funded breakfast. There's no such thing as a taxpayer funded anything. It's a breakfast paid for by the government using the power of our sovereign fiat currency, paid in the same way as all government spending.

This is the sort of nonsense we have to endure when we misunderstand and misrepresent the purposes of taxation. We need to tax the rich to help curb their disproportionate power and tackle damaging inequality. It is *not* to raise money and, in that respect, it harms no-one if a rich person leaves.

The question is not whether the gov't can 'afford' to supply free school meals. The key questions are: Is enough food available? Can it be supplied to schools? Are there people and facilities to cook and serve it? Ideally fresh, local food. And imagine the boost to farmers, suppliers, caterers etc.

A new Cowboy Economist video just hit the airwaves, this time on tariffs! I've tried writing this one numerous times since Jan 20, the problem being that explaining tariff incidence is complicated without drawing a graph or two. But, I did my best. youtu.be/ksJPi2lCHhA?...

"how can we live with private luxury alongside public squalor?"

Must-read article on higher ed funding in the UK—and just as relevant everywhere. Congrats once again on this one @robbhawkes.bsky.social 🔥

When govts treat housing as asset class instead of a vital service. Australia's latest policy from Albanese is just another con job. Every "first home buyer scheme" since 1983 has driven prices up. I break down the data & show how these policies transfer wealth from young renters to older landlords

Exactly. Fascism is expensive. And, Fascists know that the state creatures the currency & banks issue loans Argentina has dollar denominated debts. Which is why it needs Trump to print dollars to pay those dollar denominated debts. UK has no foreign debts bsky.app/profile/theo...

Tuesday's blog post (30/09) is now posted (15:26 EAST) - Kyoto Report 2025 – 2 - billmitchell.org/blog/?p=62805

"an ideological tool that protects elite power"

"But, like how your household’s net savings must come from outside your household, the private sector’s net savings must come from outside of it"

Job Guarantee FAQ sheet by @ptcherneva.bsky.social pavlina-tcherneva.net/job-guarante...

The super wealthy can never be trusted, you don’t make that sort of money by being green, clean or fair. www.theguardian.com/world/video/...

As it is in the US, so it is in the UK... "our Constitution established our national currency out of the thin blue sky of Law"