Funding the Future “We can afford whatever we can do”
6 snips
Nov 16, 2025 Dive into the radical notion that a government, especially one that issues its own currency, cannot run out of money. Discover how the true limits to action lie in available resources like people and skills, not financial constraints. Explore the debate on whether markets or the state should set societal goals, as well as the vital role of government in directing investments for housing, education, and climate action. The discussion emphasizes that taxation and spending should serve the greater good, underscoring a moral approach to economics.
AI Snips
Chapters
Books
Transcript
Episode notes
Money Is Not The Real Constraint
- A currency‑issuing government cannot run out of its own money.
- The true limits are people, skills, energy and materials, not the Treasury balance sheet.
Politics, Not Markets, Set Goals
- Markets chase profit and do not define the public good.
- The state must identify social priorities and use monetary power to mobilise resources for them.
Use Fiscal Tools To Free Capacity
- Use government spending to mobilise idle resources into purposeful public work.
- Use taxation to free capacity by discouraging low‑value uses and redirecting labour and materials.
