by Patricia Pino & Christian Reilly
The MMT Podcast offers economic analysis on current issues from a Modern Monetary Theory perspective. Aimed at anyone who has ever felt lost in the jargon used by mainstream economics commentators. We believe economics is for everyone. You can help sustain this podcast via Patreon: https://www.patreon.com/MMTpodcast
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Publishing Since
4/13/2018
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April 18, 2025
Patricia Pino and Christian Reilly interview economist Steven Hail about the unintended consequences of wealth taxes in funding social support
March 22, 2025
<p class="p1">Patricia and Christian talk with author and activist Cory Doctorow about capitalism, culture and… [checks notes] marshmallows!</p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Please help sustain this podcast!<span class= "Apple-converted-space"> </span></strong></p> <p class="p1">Patrons get early access to all episodes and patron-only episodes: <a href= "https://www.patreon.com/MMTpodcast"><span class= "s1">https://www.patreon.com/MMTpodcast</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>All our episodes in chronological order:</strong> <a href= "https://www.patreon.com/posts/43111643"><span class= "s1">https://www.patreon.com/posts/43111643</span></a></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>All our patron-only episodes:</strong> <a href= "https://www.patreon.com/posts/57542767"><span class= "s3">https://www.patreon.com/posts/57542767</span></a></span></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>TAKE ACTION ON DISABILITY RIGHTS:</strong></p> <p class="p3"><span class="s2">Find your MP: <a href= "https://members.parliament.uk/FindYourMP"><span class= "s3">https://members.parliament.uk/FindYourMP</span></a></span></p> <p class="p3"><span class="s2">Consultation on UK government “reforms” to benefits: <a href= "https://www.gov.uk/government/consultations/pathways-to-work-reforming-benefits-and-support-to-get-britain-working-green-paper"> <span class= "s3">https://www.gov.uk/government/consultations/pathways-to-work-reforming-benefits-and-support-to-get-britain-working-green-paper</span></a></span></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>LIVE EVENTS!</strong></p> <p class="p1">March 22nd & 23rd Scotonomics Festival of Economics: <a href="https://scotonomics.scot/event/"><span class= "s3">https://scotonomics.scot/event/</span></a></p> <p class="p2"> </p> <p class="p1"><strong>SAVE THE DATES!</strong></p> <p class="p1">Modern Money Lab UK weekend Seminars featuring Dr Steven Hail:<span class="Apple-converted-space"> </span></p> <p class="p1">June 21st & 22nd - Rethinking Capitalism</p> <p class="p1">June 28th & 29th - Money, Government and the Public Interest - Beyond The Deficit Myth</p> <p class="p3"><span class="s2">Further details here: <a href= "https://modernmoneylab.org.uk/events/"><span class= "s3">https://modernmoneylab.org.uk/events/</span></a></span></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>JOIN PATRICIA’S MMT ACTIVIST NETWORK (MMT UK):</strong> <a href= "https://actionnetwork.org/forms/activist-registration-form"><span class="s3"> https://actionnetwork.org/forms/activist-registration-form</span></a></span></p> <p class="p2"> </p> <p class="p1"><strong>MMT: THE MOVIE!</strong></p> <ul class="ul1"> <li class="li1">“Finding The Money”, a documentary by Maren Poitras featuring Stephanie Kelton is now available worldwide to rent or buy: <a href= "https://findingthemoney.vhx.tv/products/finding-the-money"><span class="s3"> https://findingthemoney.vhx.tv/products/finding-the-money</span></a></li> <li class="li1">Updates on worldwide screenings of “Finding The Money” can be found here: <a href= "https://findingmoneyfilm.com/where-to-watch/"><span class= "s3">https://findingmoneyfilm.com/where-to-watch/</span></a></li> <li class="li1">To arrange a screening of “Finding The Money”, apply here: <a href= "https://findingmoneyfilm.com/host-a-screening/"><span class= "s3">https://findingmoneyfilm.com/host-a-screening/</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>STUDY THE ECONOMICS OF SUSTAINABILITY!</strong></p> <ul class="ul1"> <li class="li1">Details of Modern Money Lab’s online graduate, postgraduate and standalone courses in economics are here: <a href= "https://modernmoneylab.org.au/"><span class= "s3">https://modernmoneylab.org.au/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Relevant to this episode:</strong></p> <ul class="ul1"> <li class="li3"><span class="s2">Buy Cory’s Doctorow’s latest book: <a href= "https://us.macmillan.com/books/9781250865908/picksandshovels/"><span class="s3"> https://us.macmillan.com/books/9781250865908/picksandshovels/</span></a></span></li> <li class="li3"><span class="s2">Cory’s daily blog: <a href= "https://pluralistic.net/"><span class= "s3">https://pluralistic.net/</span></a><span class= "Apple-converted-space"> </span></span></li> <li class="li3"><span class="s2">Cory’s live dates: <a href= "https://pluralistic.net/2025/03/20/birchpunk/#upcoming"><span class="s3"> https://pluralistic.net/2025/03/20/birchpunk/#upcoming</span></a><span class="Apple-converted-space"> </span></span></li> <li class="li3"><span class="s2">“What is money” by A. Mitchell-Innes: <a href= "https://www.community-exchange.org/docs/what%20is%20money.htm"><span class="s3"> https://www.community-exchange.org/docs/what%20is%20money.htm</span></a></span></li> <li class="li1">Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: <a href= "https://www.patreon.com/posts/41780508"><span class= "s3">https://www.patreon.com/posts/41780508</span></a></li> <li class="li1">Episode 65 - Phil Armstrong: Understanding Inflation: <a href= "https://www.patreon.com/posts/40672678"><span class= "s3">https://www.patreon.com/posts/40672678</span></a></li> <li class="li1">Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: <a href= "https://www.patreon.com/posts/52207835"><span class= "s3">https://www.patreon.com/posts/52207835</span></a></li> <li class="li1">Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: <a href= "https://www.patreon.com/posts/59856379"><span class= "s3">https://www.patreon.com/posts/59856379</span></a></li> <li class="li1">Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: <a href= "https://www.patreon.com/posts/63776558"><span class= "s3">https://www.patreon.com/posts/63776558</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>For an intro to MMT:</strong></p> <ul class="ul1"> <li class="li1">Our first three episodes: <a href= "https://www.patreon.com/posts/41742417"><span class= "s1">https://www.patreon.com/posts/41742417</span></a></li> <li class="li1">Episode 126 - Dirk Ehnts: How Banks Create Money: <a href="https://www.patreon.com/posts/62603318"><span class= "s3">https://www.patreon.com/posts/62603318</span></a></li> </ul> <p class="p4"> </p> <p class="p1"><strong>Quick MMT reads:</strong></p> <ul class="ul1"> <li class="li3"><span class="s2">Warren’s Mosler’s MMT white paper: <a href="http://moslereconomics.com/mmt-white-paper/"><span class= "s3">http://moslereconomics.com/mmt-white-paper/</span></a></span></li> <li class="li3"><span class="s2">Steven Hail’s quick MMT explainer: <a href= "https://theconversation.com/explainer-what-is-modern-monetary-theory-72095"> <span class= "s3">https://theconversation.com/explainer-what-is-modern-monetary-theory-72095</span></a></span></li> <li class="li1">Quick explanation of government debt and deficit: “Some Numbers Are Big. Let Me Help You Get Over It”: <a href= "https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/"> <span class= "s3">https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>For a short, non-technical, free ebook explaining MMT, download Warren Mosler’s “7 Deadly Innocent Frauds Of Economic Policy” here:</strong> <a href= "http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf"><span class="s3"> http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Episodes on monetary operations:<span class= "Apple-converted-space"> </span></strong></p> <ul class="ul1"> <li class="li1">Episode 20 - Warren Mosler: The MMT Money Story (part 1): <a href= "https://www.patreon.com/posts/28004824"><span class= "s3">https://www.patreon.com/posts/28004824</span></a></li> <li class="li1">Episode 126 - Dirk Ehnts: How Banks Create Money: <a href="https://www.patreon.com/posts/62603318"><span class= "s3">https://www.patreon.com/posts/62603318</span></a></li> <li class="li1">Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: <a href= "https://www.patreon.com/posts/41790887"><span class= "s3">https://www.patreon.com/posts/41790887</span></a></li> <li class="li1">Episode 43 - Sam Levey: Understanding Endogenous Money: <a href= "https://www.patreon.com/posts/35073683"><span class="s3">https://www.patreon.com/posts/35073683</span></a><span class="Apple-converted-space"> </span></li> <li class="li1">Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): <a href="https://www.patreon.com/posts/46352183"><span class= "s3">https://www.patreon.com/posts/46352183</span></a></li> <li class="li1">Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): <a href="https://www.patreon.com/posts/46865929"><span class= "s3">https://www.patreon.com/posts/46865929</span></a> </li> </ul> <p class="p2"> </p> <p class="p1"><strong>For more on Quantitative Easing:</strong></p> <ul class="ul1"> <li class="li1">Episode 59 - Warren Mosler: What Do Central Banks Do?: <a href="https://www.patreon.com/posts/39070023"><span class= "s3">https://www.patreon.com/posts/39070023</span></a></li> <li class="li1">Episode 143 - Paul Sheard: What Is Quantitative Easing?: <a href= "https://www.patreon.com/posts/71589989?pr=true"><span class= "s3">https://www.patreon.com/posts/71589989?pr=true</span></a><span class="Apple-converted-space"> </span></li> </ul> <p class="p2"> </p> <p class="p1"><strong>Episodes on inflation:</strong></p> <ul class="ul1"> <li class="li1">Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: <a href= "https://www.patreon.com/posts/41780508"><span class= "s3">https://www.patreon.com/posts/41780508</span></a></li> <li class="li1">Episode 65 - Phil Armstrong: Understanding Inflation: <a href= "https://www.patreon.com/posts/40672678"><span class= "s3">https://www.patreon.com/posts/40672678</span></a></li> <li class="li1">Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: <a href= "https://www.patreon.com/posts/52207835"><span class= "s3">https://www.patreon.com/posts/52207835</span></a></li> <li class="li1">Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: <a href= "https://www.patreon.com/posts/59856379"><span class= "s3">https://www.patreon.com/posts/59856379</span></a></li> <li class="li1">Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: <a href= "https://www.patreon.com/posts/63776558"><span class= "s3">https://www.patreon.com/posts/63776558</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>Our Job Guarantee episodes:<span class= "Apple-converted-space"> </span></strong></p> <ul class="ul1"> <li class="li1">Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: <a href= "https://www.patreon.com/posts/41742701"><span class= "s3">https://www.patreon.com/posts/41742701</span></a></li> <li class="li1">Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: <a href= "https://www.patreon.com/posts/36034543"><span class= "s3">https://www.patreon.com/posts/36034543</span></a></li> <li class="li1">Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: <a href= "https://www.patreon.com/posts/episode-148-why-73211346"><span class="s3"> https://www.patreon.com/posts/episode-148-why-73211346</span></a></li> <li class="li1"><strong>Quick read: Pavlina Tcherneva’s</strong> <strong>Job Guarantee FAQ page:</strong> <a href= "https://pavlina-tcherneva.net/job-guarantee-faq/"><span class= "s3">https://pavlina-tcherneva.net/job-guarantee-faq/</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>More on government bonds (and “vigilantes”):</strong></p> <ul class="ul1"> <li class="li1">Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):<a href= "https://www.patreon.com/posts/29621245"><span class= "s3">https://www.patreon.com/posts/29621245</span></a></li> <li class="li1">Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): <a href= "https://www.patreon.com/posts/29829500"><span class= "s3">https://www.patreon.com/posts/29829500</span></a></li> <li class="li1">Episode 143 - Paul Sheard: What Is Quantitative Easing?: <a href= "https://www.patreon.com/posts/71589989?pr=true"><span class= "s3">https://www.patreon.com/posts/71589989?pr=true</span></a></li> <li class="li1">Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: <a href= "https://www.patreon.com/posts/episode-147-dirk-72906421"><span class="s3"> https://www.patreon.com/posts/episode-147-dirk-72906421</span></a></li> <li class="li1">Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: <a href= "https://www.patreon.com/posts/71966513"><span class= "s3">https://www.patreon.com/posts/71966513</span></a></li> <li class="li1">Episode 145 - John T Harvey: What Determines Currency Prices?: <a href= "https://www.patreon.com/posts/72283811?pr=true"><span class= "s3">https://www.patreon.com/posts/72283811?pr=true</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>More on bank runs banking regulation:</strong><span class= "Apple-converted-space"> </span></p> <ul class="ul1"> <li class="li1">Episode 162 - Warren Mosler: Anatomy Of A Bank Run: <a href= "https://www.patreon.com/posts/80157783?pr=true"><span class= "s3">https://www.patreon.com/posts/80157783?pr=true</span></a></li> <li class="li1">Episode 163 - L. Randall Wray: Breaking Banks - The Fed’s Magical Monetarist Thinking Strikes Again: <a href= "https://www.patreon.com/posts/80479169?pr=true"><span class= "s3">https://www.patreon.com/posts/80479169?pr=true</span></a></li> <li class="li1">Episode 165 - Robert Hockett: Sparking An Industrial Renewal By Building Banks Better: <a href= "https://www.patreon.com/posts/81084983?pr=true"><span class= "s3">https://www.patreon.com/posts/81084983?pr=true</span></a></li> <li class="li1">MMT founder <strong>Warren Mosler’s Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System:</strong> <a href= "https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html"> <span class= "s3">https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>MMT Events And Courses:</strong></p> <ul class="ul1"> <li class="li1">More information about Professor Bill Mitchell’s MMTed project (free public online courses in MMT) here: <a href= "http://www.mmted.org/"><span class= "s3">http://www.mmted.org/</span></a></li> <li class="li1">Details of Modern Money Lab’s online graduate and postgraduate courses in MMT are here: <a href= "https://modernmoneylab.org.au/"><span class= "s3">https://modernmoneylab.org.au/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Order the Gower Initiative’s “Modern Monetary Theory - Key Insights, Leading Thinkers”:</strong> <a href= "https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html"> <span class= "s1">https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html</span></a></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies:</strong> <a href= "https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies"> <span class= "s3">https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies</span></a></span></p> <p class="p2"> </p> <p class="p1"><strong>MMT scholarship compiled by New Economic Perspectives:</strong> <a href= "http://neweconomicperspectives.org/mmt-scholarship"><span class= "s1">http://neweconomicperspectives.org/mmt-scholarship</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>A list of MMT-informed campaigns and organisations worldwide:</strong> <a href= "https://www.patreon.com/posts/47900757"><span class= "s1">https://www.patreon.com/posts/47900757</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel:</strong> <a href= "https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos"><span class="s1"> https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Show notes:</strong> <a href= "https://www.patreon.com/posts/124913674?pr=true">https://www.patreon.com/posts/124913674?pr=true</a></p>
March 13, 2025
<p class="p1">Patricia and Christian talk with economist and author Dr Dirk Ehnts about Elon Musk’s nonsensical ideas about how the money system works.</p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Please help sustain this podcast!<span class= "Apple-converted-space"> </span></strong></p> <p class="p1">Patrons get early access to all episodes and patron-only episodes: <a href= "https://www.patreon.com/MMTpodcast"><span class= "s1">https://www.patreon.com/MMTpodcast</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>All our episodes in chronological order:</strong> <a href= "https://www.patreon.com/posts/43111643"><span class= "s1">https://www.patreon.com/posts/43111643</span></a></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>All our patron-only episodes:</strong> <a href= "https://www.patreon.com/posts/57542767"><span class= "s3">https://www.patreon.com/posts/57542767</span></a></span></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>LIVE EVENTS!</strong></p> <p class="p1">March 22nd & 23rd Scotonomics Festival of Economics: <a href="https://scotonomics.scot/event/"><span class= "s3">https://scotonomics.scot/event/</span></a></p> <p class="p2"> </p> <p class="p1"><strong>SAVE THE DATES!</strong></p> <p class="p1">Modern Money Lab UK weekend Seminars featuring Dr Steven Hail:<span class="Apple-converted-space"> </span></p> <p class="p1">June 21st & 22nd - Rethinking Capitalism</p> <p class="p1">June 28th & 29th - Money, Government and the Public Interest - Beyond The Deficit Myth</p> <p class="p1">Further details unavailable at time of publication, but will appear on this link as and when they do: <a href= "https://modernmoneylab.org.uk/"><span class= "s3">https://modernmoneylab.org.uk/</span></a></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>JOIN PATRICIA’S MMT ACTIVIST NETWORK (MMT UK):</strong> <a href= "https://actionnetwork.org/forms/activist-registration-form"><span class="s3"> https://actionnetwork.org/forms/activist-registration-form</span></a></span></p> <p class="p2"> </p> <ul class="ul1"> <li class="li1">“Finding The Money”, a documentary by Maren Poitras featuring Stephanie Kelton is now available worldwide to rent or buy: <a href= "https://findingthemoney.vhx.tv/products/finding-the-money"><span class="s3"> https://findingthemoney.vhx.tv/products/finding-the-money</span></a></li> <li class="li1">Updates on worldwide screenings of “Finding The Money” can be found here: <a href= "https://findingmoneyfilm.com/where-to-watch/"><span class= "s3">https://findingmoneyfilm.com/where-to-watch/</span></a></li> <li class="li1">To arrange a screening of “Finding The Money”, apply here: <a href= "https://findingmoneyfilm.com/host-a-screening/"><span class= "s3">https://findingmoneyfilm.com/host-a-screening/</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>STUDY THE ECONOMICS OF SUSTAINABILITY!</strong></p> <ul class="ul1"> <li class="li1">Details of Modern Money Lab’s online graduate, postgraduate and standalone courses in economics are here: <a href= "https://modernmoneylab.org.au/"><span class= "s3">https://modernmoneylab.org.au/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Relevant to this episode:</strong></p> <ul class="ul1"> <li class="li1">Episode 30 - Steven Hail: Understanding Government Bonds (Part 1) :<a href= "https://www.patreon.com/posts/29621245"><span class= "s3">https://www.patreon.com/posts/29621245</span></a></li> <li class="li1">Episode 31 - Steven Hail: Understanding Government Bonds (Part 2):<span class="Apple-converted-space"> </span> <a href="https://www.patreon.com/posts/29829500"><span class= "s3">https://www.patreon.com/posts/29829500</span></a></li> <li class="li1">“Federal Debt and Modern Money” by Steven Hail & David Joy: <a href= "https://www.global-isp.org/wp-content/uploads/PN-121.pdf"><span class="s3"> https://www.global-isp.org/wp-content/uploads/PN-121.pdf</span></a></li> <li class="li1">"There is no need to issue public debt” by Bill Mitchell: <a href= "https://billmitchell.org/blog/?p=31715"><span class= "s3">https://billmitchell.org/blog/?p=31715</span></a></li> <li class="li1">For more on the <strong>endogenous money</strong> <strong>view</strong> (the non-fringe, very mainstream view <strong>that</strong> <strong>bank loans create deposits, not the other way around</strong>), listen to episode 126 - Dirk Ehnts: How Banks Create Money: <a href= "https://www.patreon.com/posts/62603318"><span class= "s1">https://www.patreon.com/posts/62603318</span></a> and episode 43 - Sam Levey: Understanding Endogenous Money: <a href= "https://www.patreon.com/posts/35073683"><span class= "s1">https://www.patreon.com/posts/35073683</span></a></li> <li class="li1">Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: <a href= "https://www.patreon.com/posts/episode-147-dirk-72906421"><span class="s3"> https://www.patreon.com/posts/episode-147-dirk-72906421</span></a><span class="Apple-converted-space"> </span></li> <li class="li3"><span class="s2">Modern Money Theory: A Simple Guide to the Monetary System by Dirk Ehnts: <a href= "https://www.amazon.co.uk/Modern-Money-Theory-Professional-Organizations-ebook/dp/B0CV7M25VT/"> <span class= "s3">https://www.amazon.co.uk/Modern-Money-Theory-Professional-Organizations-ebook/dp/B0CV7M25VT/</span></a></span></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>For an intro to MMT:</strong></p> <ul class="ul1"> <li class="li1">Our first three episodes: <a href= "https://www.patreon.com/posts/41742417"><span class= "s1">https://www.patreon.com/posts/41742417</span></a></li> <li class="li1">Episode 126 - Dirk Ehnts: How Banks Create Money: <a href="https://www.patreon.com/posts/62603318"><span class= "s3">https://www.patreon.com/posts/62603318</span></a></li> </ul> <p class="p4"> </p> <p class="p1"><strong>Quick MMT reads:</strong></p> <ul class="ul1"> <li class="li3"><span class="s2">Warren’s Mosler’s MMT white paper: <a href="http://moslereconomics.com/mmt-white-paper/"><span class= "s3">http://moslereconomics.com/mmt-white-paper/</span></a></span></li> <li class="li3"><span class="s2">Steven Hail’s quick MMT explainer: <a href= "https://theconversation.com/explainer-what-is-modern-monetary-theory-72095"> <span class= "s3">https://theconversation.com/explainer-what-is-modern-monetary-theory-72095</span></a></span></li> <li class="li1">Quick explanation of government debt and deficit: “Some Numbers Are Big. Let Me Help You Get Over It”: <a href= "https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/"> <span class= "s3">https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>For a short, non-technical, free ebook explaining MMT, download Warren Mosler’s “7 Deadly Innocent Frauds Of Economic Policy” here:</strong> <a href= "http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf"><span class="s3"> http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Episodes on monetary operations:<span class= "Apple-converted-space"> </span></strong></p> <ul class="ul1"> <li class="li1">Episode 20 - Warren Mosler: The MMT Money Story (part 1): <a href= "https://www.patreon.com/posts/28004824"><span class= "s3">https://www.patreon.com/posts/28004824</span></a></li> <li class="li1">Episode 126 - Dirk Ehnts: How Banks Create Money: <a href="https://www.patreon.com/posts/62603318"><span class= "s3">https://www.patreon.com/posts/62603318</span></a></li> <li class="li1">Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: <a href= "https://www.patreon.com/posts/41790887"><span class= "s3">https://www.patreon.com/posts/41790887</span></a></li> <li class="li1">Episode 43 - Sam Levey: Understanding Endogenous Money: <a href= "https://www.patreon.com/posts/35073683"><span class="s3">https://www.patreon.com/posts/35073683</span></a><span class="Apple-converted-space"> </span></li> <li class="li1">Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): <a href="https://www.patreon.com/posts/46352183"><span class= "s3">https://www.patreon.com/posts/46352183</span></a></li> <li class="li1">Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): <a href="https://www.patreon.com/posts/46865929"><span class= "s3">https://www.patreon.com/posts/46865929</span></a> </li> </ul> <p class="p2"> </p> <p class="p1"><strong>For more on Quantitative Easing:</strong></p> <ul class="ul1"> <li class="li1">Episode 59 - Warren Mosler: What Do Central Banks Do?: <a href="https://www.patreon.com/posts/39070023"><span class= "s3">https://www.patreon.com/posts/39070023</span></a></li> <li class="li1">Episode 143 - Paul Sheard: What Is Quantitative Easing?: <a href= "https://www.patreon.com/posts/71589989?pr=true"><span class= "s3">https://www.patreon.com/posts/71589989?pr=true</span></a><span class="Apple-converted-space"> </span></li> </ul> <p class="p2"> </p> <p class="p1"><strong>Episodes on inflation:</strong></p> <ul class="ul1"> <li class="li1">Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: <a href= "https://www.patreon.com/posts/41780508"><span class= "s3">https://www.patreon.com/posts/41780508</span></a></li> <li class="li1">Episode 65 - Phil Armstrong: Understanding Inflation: <a href= "https://www.patreon.com/posts/40672678"><span class= "s3">https://www.patreon.com/posts/40672678</span></a></li> <li class="li1">Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: <a href= "https://www.patreon.com/posts/52207835"><span class= "s3">https://www.patreon.com/posts/52207835</span></a></li> <li class="li1">Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: <a href= "https://www.patreon.com/posts/59856379"><span class= "s3">https://www.patreon.com/posts/59856379</span></a></li> <li class="li1">Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: <a href= "https://www.patreon.com/posts/63776558"><span class= "s3">https://www.patreon.com/posts/63776558</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>Our Job Guarantee episodes:<span class= "Apple-converted-space"> </span></strong></p> <ul class="ul1"> <li class="li1">Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: <a href= "https://www.patreon.com/posts/41742701"><span class= "s3">https://www.patreon.com/posts/41742701</span></a></li> <li class="li1">Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: <a href= "https://www.patreon.com/posts/36034543"><span class= "s3">https://www.patreon.com/posts/36034543</span></a></li> <li class="li1">Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: <a href= "https://www.patreon.com/posts/episode-148-why-73211346"><span class="s3"> https://www.patreon.com/posts/episode-148-why-73211346</span></a></li> <li class="li1"><strong>Quick read: Pavlina Tcherneva’s</strong> <strong>Job Guarantee FAQ page:</strong> <a href= "https://pavlina-tcherneva.net/job-guarantee-faq/"><span class= "s3">https://pavlina-tcherneva.net/job-guarantee-faq/</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>More on government bonds (and “vigilantes”):</strong></p> <ul class="ul1"> <li class="li1">Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):<a href= "https://www.patreon.com/posts/29621245"><span class= "s3">https://www.patreon.com/posts/29621245</span></a></li> <li class="li1">Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): <a href= "https://www.patreon.com/posts/29829500"><span class= "s3">https://www.patreon.com/posts/29829500</span></a></li> <li class="li1">Episode 143 - Paul Sheard: What Is Quantitative Easing?: <a href= "https://www.patreon.com/posts/71589989?pr=true"><span class= "s3">https://www.patreon.com/posts/71589989?pr=true</span></a></li> <li class="li1">Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: <a href= "https://www.patreon.com/posts/episode-147-dirk-72906421"><span class="s3"> https://www.patreon.com/posts/episode-147-dirk-72906421</span></a></li> <li class="li1">Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: <a href= "https://www.patreon.com/posts/71966513"><span class= "s3">https://www.patreon.com/posts/71966513</span></a></li> <li class="li1">Episode 145 - John T Harvey: What Determines Currency Prices?: <a href= "https://www.patreon.com/posts/72283811?pr=true"><span class= "s3">https://www.patreon.com/posts/72283811?pr=true</span></a></li> </ul> <p class="p2"> </p> <p class="p1"><strong>More on bank runs banking regulation:</strong><span class= "Apple-converted-space"> </span></p> <ul class="ul1"> <li class="li1">Episode 162 - Warren Mosler: Anatomy Of A Bank Run: <a href= "https://www.patreon.com/posts/80157783?pr=true"><span class= "s3">https://www.patreon.com/posts/80157783?pr=true</span></a></li> <li class="li1">Episode 163 - L. Randall Wray: Breaking Banks - The Fed’s Magical Monetarist Thinking Strikes Again: <a href= "https://www.patreon.com/posts/80479169?pr=true"><span class= "s3">https://www.patreon.com/posts/80479169?pr=true</span></a></li> <li class="li1">Episode 165 - Robert Hockett: Sparking An Industrial Renewal By Building Banks Better: <a href= "https://www.patreon.com/posts/81084983?pr=true"><span class= "s3">https://www.patreon.com/posts/81084983?pr=true</span></a></li> <li class="li1">MMT founder <strong>Warren Mosler’s Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System:</strong> <a href= "https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html"> <span class= "s3">https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>MMT Events And Courses:</strong></p> <ul class="ul1"> <li class="li1">More information about Professor Bill Mitchell’s MMTed project (free public online courses in MMT) here: <a href= "http://www.mmted.org/"><span class= "s3">http://www.mmted.org/</span></a></li> <li class="li1">Details of Modern Money Lab’s online graduate and postgraduate courses in MMT are here: <a href= "https://modernmoneylab.org.au/"><span class= "s3">https://modernmoneylab.org.au/</span></a></li> </ul> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>Order the Gower Initiative’s “Modern Monetary Theory - Key Insights, Leading Thinkers”:</strong> <a href= "https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html"> <span class= "s1">https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html</span></a></p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies:</strong> <a href= "https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies"> <span class= "s3">https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies</span></a></span></p> <p class="p2"> </p> <p class="p1"><strong>MMT scholarship compiled by New Economic Perspectives:</strong> <a href= "http://neweconomicperspectives.org/mmt-scholarship"><span class= "s1">http://neweconomicperspectives.org/mmt-scholarship</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>A list of MMT-informed campaigns and organisations worldwide:</strong> <a href= "https://www.patreon.com/posts/47900757"><span class= "s1">https://www.patreon.com/posts/47900757</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1"><strong>We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel:</strong> <a href= "https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos"><span class="s1"> https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos</span></a></p> <p class="p2"> </p> <p class="p2"> </p> <p class="p3"><span class="s2"><strong>Show notes:</strong> <a href="https://www.patreon.com/posts/124280013?pr=true"><span class="s3"> https://www.patreon.com/posts/124280013?pr=true</span></a></span></p>
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