Price competition breaks peer reviewed mainstream agent model

Hierarchical structure of banking as described by Modern Money Theory

Kudos to the Australian contingent getting this sketch on The Weekly. Can’t see the BBC doing something like this - either about MMT or a decent comedy show.

An overview of the Modern Money Theory viewpoint

Why there is no need to raise taxes just because more government bonds have been issued

Overview of a UK Job Guarantee

Overview of a UK Job Guarantee

Why do those people who agitate for a fixed exchange rate between currencies also advocate for a floating rate between government bonds and the currency?

If a move between bonds and currency needs to be discouraged by a floating rate, then why doesn’t a move between a local currency and a foreign currency need to be discouraged by a floating rate?

If the Euro is such a great idea across such a wide area, why aren’t Eurozone government bonds payable at par on demand at any bank in the Eurozone?

Updated Robin Hood Script for an Modern Money Theory World

From the archives: Post War Banking Policy - Reginald McKenna

Putting it all together

Things make a lot more sense when you realise other currency areas love your savings products — a lot

Employment is about buying the former and generating the latter. How does that relate to the Job Guarantee?

Basic income is a desire to be paid twice - once self consuming your own hours and once consuming the output of somebody else’s hours

How the Job Guarantee solves the matching problem

Student debt is another set of debt that isn’t really a debt. So just cancel it all

How to contact me.