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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#186 Phil Armstrong: MMT & Austrian Economics (part 1)
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Part 1: Christian talks to Dr Phil Armstrong about his recent paper: “History and origin of money in MMT and Austrian Economics: The difference methodology makes?” Full conversation available here: https://www.patreon.com/posts/95846517?pr=true Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: http…
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#185 Dirk Ehnts: The public debt is what we own, not what we owe
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Patricia and Christian talk to Dr Dirk Ehnts about the origins and nature of money, and what it means for tackling our various planetary emergencies. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com…
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#184 Steven Hail: What if people aren’t utility-maximising omniscient supercomputers?
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STOP PRESS! FOR OUR AUSTRALIAN PALS - THE “FINDING THE MONEY” FILM TOUR STARTS THIS WEEK - AS IN 27TH OF FEBRUARY! MORE DETAILS HERE: https://modernmoneylab.org.au/events/film-tour/ Patricia and Christian talk to Professor Steven Hail about behavioural economics as a vital corrective to the unreal assumptions in mainstream models. Just as MMT model…
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#183 Mark Diesendorf: The Path To An Ecologically Just Civilisation
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Christian talks to Mark Diesendorf, a physicist and professor in the Environment & Society Group at the University of New South Wales, about the economics underpinning his latest book, “The Path To An Ecologically Just Civilisation”. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.pat…
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#182 Warren Mosler & Cory Doctorow In Conversation
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Christian talks to author Cory Doctorow and MMT founder Warren Mosler about Cory’s latest book “The Lost Cause” (set in a post-Green New Deal future), framing the MMT Job Guarantee, and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in ch…
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#181 Erik Dean: What’s Standing Between Us And A 15-Hour Work Week?
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Patricia and Christian talk to economist, author and Modern Money Lab instructor Dr Erik Dean about the history of Keynesianism, BS jobs, and Keynes’ “Economic Possibilities For Our Grandchildren”. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes…
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#180 John T. Harvey: MMT, The UK, and Pound Sterling
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To commemorate the anniversary of Trussonomic Mini-budgeting, Christian talks to Professor John T. Harvey about what determines currency prices and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon…
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#178 Building An Economy For The People - Unpacking The Deficit Myth Part 7
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Patricia & Christian conclude their conversation about Stephanie Kelton’s best-seller The Deficit Myth. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our patron-only episodes: …
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#177 L. Randall Wray: Money For Beginners - A Politician’s Guide
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As opposition politicians lecture their constituents about not loving growth enough, and vow to keep children in poverty to achieve it, Patricia & Christian talk to award-winning economist and author of “Money For Beginners - An Illustrated Guide” Professor L. Randall Wray about how governments spend and the legacy of 40 years of ignoring it. Pleas…
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#176 Dirk Ehnts: Ending The Polycrisis
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Patricia & Christian talk to economist, author and one of the organisers of the 2023 European MMT conference (September 9th & 10th, details below) Dr Dirk Ehnts about Bidenomics, Britain’s bankrupt water utilities, and how understanding the plumbing of modern money is vital to bringing about a just and green energy transition in the face of multipl…
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#175 Yan Liang: China, Trade & Reforming The System
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Patricia & Christian talk to Kremer Endowed Chair of Economics at Willamette University, Professor Yan Liang about China’s economy, international trade, sovereign wealth funds, de-dollarisation, and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our e…
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#174 Phil Armstrong: Taking A Mallet To Monetarists
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As the Bank of England plays one-club golf with interest rates, (using the wrong end of the golf club while dressed in scuba gear) Patricia & Christian talk to economist and author of “Can Heterodox Economics Make A Difference?” Dr Phil Armstrong about changing the game. Please help sustain this podcast! Patrons get early access to all episodes and…
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#173 Warren Mosler: The Financial Sector - A Cost-Benefit Analysis
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Patricia & Christian talk to MMT founder Warren Mosler about bond markets, Beyoncéflation and degrowing the financial sector. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our …
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#172 Steven Hail: Bond Vigilantes! Inflation! The National Debt! The Excuseonomics Killing The Planet
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Patricia & Christian talk to economist and founder of the ground-breaking Modern Money Lab project Professor Steven Hail about the urgency of a swift and just transition to a sustainable economy and examine some of the excuses politicians selectively employ to avoid policymaking as if people and the planet matter. Please help sustain this podcast! …
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#171 Pavlina Tcherneva: Three Lessons From Government Spending And The Post-Pandemic Recovery
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Patricia & Christian talk to economist and author of “The Case For A Job Guarantee” Professor Pavlina Tcherneva about her chapter in the recently-published “MMT: Key Insights, Leading Thinkers”. Three Lessons From Government Spending And The Post-Pandemic Recovery: (1) The funding is always there. (2) Unemployment is a policy choice. (3) Large gove…
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#170 Cory Doctorow: Shakedowns, Shell Games & Other Silicon Valley Shenanigans
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Patricia & Christian talk to acclaimed author and activist Cory Doctorow, about his new crypto heist thriller “Red Team Blues”, and the real-world money mechanics and shady shenanigans that inform the story. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Order …
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#169 Daniel Kostzer: Building A Job Guarantee In Practice
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Patricia & Christian talk to Daniel Kostzer, chief economist at the International Trade Union Confederation and contributor to “Modern Monetary Theory: Key Insights, Leading thinkers” about his chapter, which revisits Argentina’s 2002 Jefes de Hogar employment guarantee programme, and details considerations to be weighed in the implementation of an…
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#168 You’re Entitled! Unpacking The Deficit Myth Part 6
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As the UK celebrates the coronation of its most famous pensioner and its central bank tells everybody else to accept being poor, Patricia and Christian continue their conversation about Stephanie Kelton’s best-seller, The Deficit Myth and ask: can the world’s 5th richest economy afford dignity for all, or just those with their own anthem? Please he…
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#167 Richard Tye: The Bank of England - The Prequel
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Patricia & Christian talk to Richard Tye, contributor to the recently-published “MMT: Key Insights, Leading thinkers”, about his chapter: “Credit and The Exchequer since the Restoration”. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Order the Gower Initiative…
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#166 Dirk Ehnts: What Are Taxes For?
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For currency-issuing governments, taxes for revenue are obsolete, so what *are* they for? Patricia & Christian talk to economist and author Dr Dirk Ehnts about the role of taxation in modern money systems, banking regulation, inflation, new eurozone fiscal rule proposals, and more. Please help sustain this podcast! Patrons get early access to all e…
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#165 Robert Hockett: Sparking An Industrial Renewal By Building Banks Better
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Christian talks to Edward Cornell Professor of Law, public finance consultant, and author of “Financing The Green New Deal” Robert Hockett about the recent collapses in the banking system and how to make banks work for people, rather than the other way around. Please help sustain this podcast! Patrons get early access to all episodes and patron-onl…
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#164 Yeva Nersisyan: Saving Social Security From Its Saviours
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Patricia & Christian talk to Associate Professor of Economics at Franklin & Marshall college Yeva Nersisyan about ensuring the sustainability of Social Security (state pensions) with this one not-so-weird trick that unmitigatedly works for all other types of government spending. Please help sustain this podcast! Patrons get early access to all epis…
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#163 L. Randall Wray: Breaking Banks - The Fed’s Magical Monetarist Thinking Strikes Again
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Patricia and Christian talk to award-winning economist and author of “Making Money Work For Us” Professor L. Randall Wray about how central banks use [checks notes] *vibes* to “anchor inflation expectations”, why it keeps failing, and what might work instead. Please help sustain this podcast! Patrons get early access to all episodes and patron-only…
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#162 Warren Mosler: Anatomy Of A Bank Run
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Patricia and Christian talk to MMT founder Warren Mosler about the recent collapse of Silicon Valley Bank and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Order the Gower Initiative’s “Modern Monetary Theory - Key Insights, Leading Thinkers” (2023): htt…
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#161 Phil Armstrong: What’s Fiscal Policy For Again?
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Christian talks to economist and author Dr Phil Armstrong about what’s likely to be missing from coverage of the UK budget this week and what functional fiscal policy might look like. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Order the Gower Initiative’s “…
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