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Patricia and Christian talk to the authors of a groundbreaking new study that details the internal accounting operations of the UK exchequer and the ultimate impact of government spending and taxing on the private sector.

Please help sustain this podcast!

Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast

For an intro to MMT:

Listen to our first three episodes: https://www.patreon.com/posts/41742417

All our episodes in chronological order: https://www.patreon.com/posts/43111643

All our episodes with Neil Wilson: https://www.patreon.com/posts/46352519

Our episode 13 - Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887

Our episode 16, with Andrew Berkeley chatting with Warren Mosler and Tim Rideout in a noisy (sorry!) Glasgow pub: https://www.patreon.com/posts/41806207

Our episodes with Sam Levey on the economics of wartime mobilisation:

https://www.patreon.com/posts/30005574

https://www.patreon.com/posts/30112818

https://www.patreon.com/posts/43886189

An Accounting Model of the UK Exchequer: https://gimms.org.uk/wp-content/uploads/2020/12/An-Accounting-Model-of-the-UK-Exchequer-Google-Docs.pdf

Neil Wilson’s blog: https://new-wayland.com/blog/#

Tickets for Pavlina Tcherneva and Phil Armstrong in conversation event on 24th January 2021: https://gimms.org.uk/events/

Sign up for Professor Bill Mitchell’s online course - Modern Monetary Theory: Economics for the 21st Century: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century

Transcript for opening monologue: https://www.patreon.com/posts/46352937

Show notes: https://www.patreon.com/posts/46352183