Has the ‘Guardian’ got it?

This must be the first ‘Guardian’ editorial to quote Prof Stephanie Kelton – and the first one for a long time to suggest that deficit financing is a good idea. Before spending more money on the NHS, British politicians should take the advice of the US economist Stephanie Kelton: in a UK lecture this week,… Read more

Money for nothing is everything

There is an excellent summary in one easy blog on TRUK of Modern Monetary Theory* (MMT), which should more properly be called Modern Monetary Practice or the Modern Monetary System (MMS). As usual, below the article are the comments, many of which are highly critical, usually on the basis that if you are stupid enough… Read more

“The UK’s bargaining power, with A50 untriggered, would have been much greater.”

The title is a quote from a recent Simon Wren Lewis blog on the disastrous Brexit performance of our current, so called government. I’ve always maintained that Theresa May is easily the worst Prime Minister since the Second World War. I’m, in an odd way, reassured that Simon Wren Lewis has written an excoriating article… Read more

Are we the Moneytreeists?

Having recently attended an exhibition on suffragettes I was struck by the fact that the name which we all now recognise was, it transpires, coined by none other than the ‘Daily Mail’ as a derogatory term for the suffragists. That set me thinking on what we could call those who understand money is a social… Read more