

#15 Warren Mosler, Bill Mitchell, Patricia Pino, Chris Cook: Modern Monetary Theory and the economics of an independent Scotland
May 9, 2019
Warren Mosler, co-founder of Modern Monetary Theory, and Bill Mitchell, a professor and economist, delve into how MMT could reshape an independent Scotland's economy. They discuss the importance of rethinking currency and debt, advocating for a job guarantee system to enhance employment. The duo critiques conventional fiscal policies and reflects on Argentina's economic lessons following its debt crisis. Patricia Pino shares insights on MMT activism, emphasizing the necessity of making economic concepts accessible for public discourse.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11
Intro
00:00 • 5min
Exploring Modern Monetary Theory
04:46 • 8min
Taxation and Currency: Historical Insights
13:01 • 18min
The Wealth Equation: Exports, Imports, and Modern Monetary Theory
30:36 • 27min
Scotland's Economic Future: Independence and Trade
57:25 • 7min
Rethinking Fiscal Policy: Scotland's Economic Future
01:04:33 • 21min
Argentina's Economic Resilience: Lessons from Default and Investment Dynamics
01:25:56 • 4min
Debt, Independence, and MMT: A Progressive Lens
01:29:30 • 29min
The Struggle for Genuine Independence in Leftist Politics
01:58:16 • 3min
Exploring Independence and Economic Theory
02:01:42 • 7min
Economic Futures: Scotland's Post-Independence Scenario
02:08:46 • 22min