Suggested requirements for a properly functioning Monetary system based on MMT in the UK

It is interesting that Fadhel Kaboub, Associate Professor of Economics at Denison University, and president of the Global Institute for Sustainable Prosperity, who is a great Modern Monetary Theory ‘MMT’ (Charles Adams’ summary here) and Job Guarantee Advocate, seems to be rather opposed to the Warren Mosler and Bill Mitchell idea that exports are like a… Read more

Ready to Eat – or not?

We should not forget that “Prêt à manger” actually means “Ready to eat”. Calling it PRET disguises the idea, though I’m sure those that work for them have rarely, if indeed ever, thought about their origins. So they completely lost the philosophy of the company name when a poor girl succumbed to her allergy. We… Read more