
The MMT Podcast with Patricia Pino & Christian Reilly
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
Latest episodes

May 3, 2021 • 14min
EXTRA: A new trailer and a new way to support the first MMT film!
Filmmaker Maren Poitras unveils a new trailer and her pitch to the panel at the Doclands documentary film festival. Her film “Finding The Money” (featuring Stephanie Kelton, Warren Mosler, L. Randall Wray and more) has a chance to win an audience award of $30,000, but it needs our votes before 10th May 2021. Voting takes less than a minute and a few clicks. Your vote could really make the difference. Let’s get this film made! Vote here for “Finding The Money”: https://www.doclands.com/docpitch-finding-the-money/ Video of Maren’s pitch: https://www.doclands.com/docpitch-finding-the-money/ Trailer for Finding The Money: https://findingmoneyfilm.com/ Show notes: https://www.patreon.com/posts/50796744

Apr 28, 2021 • 1h 12min
#98 Asker Voldsgaard: A Green Job Guarantee For Denmark
Patricia and Christian talk to PhD student at the Institute for Innovation and Public Purpose, Asker Voldsgaard about his work, and a green Job Guarantee proposal for Denmark. 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 Follow Asker Voldsgaard on Twitter: https://twitter.com/AskerVoldsgaard Follow the Institute for Innovation and Public Purpose on Twitter: https://twitter.com/IIPP_UCL Asker’s report on a green job guarantee in Denmark (in Danish): https://www.klimaogomstillingsraadet.dk/wp-content/uploads/2021/03/groen-jobgaranti_KOR_marts-2021.pdf Video of a seminar about Asker’s report on a green job guarantee in Denmark with Pavlina Tcherneva (in English): https://www.facebook.com/103757181037695/videos/476085870480494/ Our episode 47 - with Pavlina Tcherneva explaining the MMT Job Guarantee in more detail: https://www.patreon.com/posts/36034543 Our episodes with Andrew Berkeley, Richard Tye & Neil Wilson on their Accounting Model Of The UK Exchequer Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 Our episode 43 on endogenous money: https://www.patreon.com/posts/35073683 A Paradigm Lost, a Paradigm Regained - A Reply to Druedahl on Modern Monetary Theory by Asker Voldsgaard and Dirk Ehnts: https://drive.google.com/file/d/13a2To14MLbCyUMPexNwciwk7Valv5MTY/view A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/50446752 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/50421904

Apr 21, 2021 • 1h 17min
#97 Fadhel Kaboub: On The Deficit Myth - Introduction
Professor of economics and president of the Global Institute For Sustainable Prosperity Fadhel Kaboub answers questions posed by readers of Stephanie Kelton’s The Deficit Myth at a book club event hosted by Ramona Massachi of Real Progressives. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Real Progressives: https://www.patreon.com/realprogressives Video of this event: https://www.youtube.com/watch?v=ZqZc5b6Hq48&ab_channel=RealProgressives 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 Fadhel Kaboub: https://www.patreon.com/posts/43484621 Our episode 90, with Stephanie Kelton: https://www.patreon.com/posts/48165836 Our episode 48, on the #MintTheCoin initiative with one of its architects, Rohan Grey: https://www.patreon.com/posts/36292974 Our Unpacking The Deficit Myth Series: https://www.patreon.com/posts/47191289 Warren Mosler’s proposals for banking reform: http://moslereconomics.com/wp-content/pdfs/Proposals.pdf The Bank of England’s “Independence” - A Handy Guide: https://www.patreon.com/posts/44617543 A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/50108848 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/50108906

Apr 14, 2021 • 1h 12min
#96 Deborah Harrington: The Fight For The NHS
Patricia and Christian talk to NHS campaigner and director of Public Matters Deborah Harrington about the history of the NHS and its conflict with neoliberalism. 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 Deborah’s organisation, Public Matters: https://publicmatters.org.uk/category/economy/ Short films by Deborah and Public Matters: Privatising the NHS - A View from the Top: https://youtu.be/mZacwpsuOm0 Whose NHS Is it Anyway?: https://youtu.be/ZKGmejifw14 The NHS (Very) Long Term Plan: https://youtu.be/7_UUksSL-y8 A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/49819710 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49819223

Apr 7, 2021 • 51min
#95 Shappi Khorsandi: The Ticket Analogy
Christian pitches Modern Monetary Theory to comedian and author Shappi Khorsandi. 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 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our episode 65 on inflation with Phil Armstrong: https://www.patreon.com/posts/40672678 Our episodes 88 & 89 on hyperinflation with Warren Mosler and Phil Armstrong: https://www.patreon.com/posts/47638591 , https://www.patreon.com/posts/episode-89-phil-47904999 Our episode 47 on the Job Guarantee with Pavlina Tcherneva: https://www.patreon.com/posts/36034543 Our episode 8 on UK Labour’s fiscal credibility rule with Richard Murphy: https://www.patreon.com/posts/41781319 Upcoming MMT events & courses: https://www.patreon.com/posts/47531455 Shappi Khorsandi’s books and tour tickets available here: https://www.shappi.co.uk/ Transcript for opening monologue: https://www.patreon.com/posts/49642049 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49617770

Mar 31, 2021 • 1h 46min
#94 Olafur Margeirsson: A Job Guarantee For Iceland
Patricia and Christian talk with economist, writer, real estate market strategist and alternate member of the Supervisory Board of the Central Bank of Iceland Olaf Margeirsson about the economy of Iceland and his Job Guarantee proposal. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Olaf’s work via Patreon: https://www.patreon.com/olafurmargeirsson Follow Olaf on Twitter (@IcelandicEcon): https://twitter.com/IcelandicEcon For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Our episode 20 with Warren Mosler on the UMKC Buckaroo (starting at 13:48): https://www.patreon.com/posts/28004824 Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683 Olaf’s writing: The State Can Afford This - But Should It?: https://sibs.is/fraedsla/greinar/rikid-hefur-efni-a-thessu-en-a-ad-gera-thad/ Iceland: We Need to Talk about Unemployment – and a Job Guarantee: http://www.global-isp.org/wp-content/uploads/PN-122.pdf Olaf’s blog: https://icelandicecon.blogspot.com/ IS-LM: an explanation by John Hicks: attached Maastricht And All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/ Can Taxes and Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf Upcoming MMT events & courses: https://www.patreon.com/posts/47531455 Sign up for "Modern Monetary Theory and European Macroeconomics” (online course with Dr Dirk Ehnts, running 9th - 13th August 2021 - APPLICATION DEADLINE IS JULY 26TH 2021): https://maastricht.dreamapply.com/courses/course/134-modern-monetary-theory-and-european-macroeconomics?search=34057 Transcript for opening monologue: https://www.patreon.com/posts/49267705 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49267564

Mar 24, 2021 • 1h 55min
#93 Stuart Medina Miltimore & Modern Money Australia: The Battle For A Progressive Europe
Economist and founder of Spanish activist network Rete MMT (Red MMT) Stuart Medina Miltimore talks with the team at Modern Money Australia about the implications of MMT for the future of progressive reform in Europe and beyond, at a webinar which took place on the 20th March 2021. Slides for this event: attached Video of this event: https://www.youtube.com/watch?v=AelJ3zugax8&ab_channel=ModernMoneyAustralia Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Modern Money Australia: https://modernmoneyaustralia.org/ Find out more about Stuart’s organisation, Rete MMT (Red MMT): http://www.redmmt.es/ 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 Stuart Medina Miltimore: https://www.patreon.com/posts/44400459 Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683 A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Fadhel Kabouob on Monetary Sovereignty: https://inthesetimes.com/article/united-states-venezuela-modern-monetary-theory-trade-deficits-sovereignty Sign up for Professor Bill Mitchell’s 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/49105385 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/49105309

Mar 17, 2021 • 53min
#92 Patricia & Christian: Interview With Physical Attraction Podcast (part 3)
Part 3: Patricia and Christian talk with the host of Physical Attraction podcast Thomas Hornigold about environmental policy, the Euro, monetary sovereignty, and the implications of MMT as they see it. Part 1 of this conversation: https://www.patreon.com/posts/42722165 Part 2 of this conversation: https://www.patreon.com/posts/45756021 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Thomas’ Physical Attraction podcast: https://www.patreon.com/physicalattraction 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 Quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Overview of chartalism (the “taxes drive money” framework): https://en.wikipedia.org/wiki/Chartalism Sign up for Professor Bill Mitchell’s 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/48816854 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48816832

Mar 10, 2021 • 1h 37min
#91 Bill Mitchell, Pavlina Tcherneva & Modern Money Australia: MMT And The New Social Contract
MMT co-founder Bill Mitchell and Job Guarantee expert Pavlina Tcherneva talk with the team at Modern Money Australia about lessons learned from the Covid crisis and a new way forward. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support Modern Money Australia: https://sustainable-prosperity.net.au/about/https://modernmoneyaustralia.org/ 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 of our episodes with Bill Mitchell: https://www.patreon.com/posts/42072816 All of our episodes with Pavlina Tcherneva: https://www.patreon.com/posts/44405631 Our Job Guarantee episodes: https://www.patreon.com/posts/44722328 MMT-Informed Campaigns & Organisations Worldwide: https://www.patreon.com/posts/47900757 Our episodes with Bill Mitchell on Training The Trainers: Episode 35: https://www.patreon.com/posts/30605693 Episode 36: https://www.patreon.com/posts/30789543 A Quick overview of how the JG works as a macroeconomic stabiliser: https://en.wikipedia.org/wiki/NAIBER Books by Professor Bill Mitchell: http://www.billmitchell.org/ Pavlina Tcherneva’s book, The Case For A Job Guarantee: https://politybooks.com/bookdetail/?isbn=9781509542093&subject_id=4&tag_id=49 Pavlina Tcherneva’s Job Guarantee FAQ: https://www.pavlina-tcherneva.net/job-guarantee-faq Sign up for Professor Bill Mitchell’s course “Modern Monetary Theory: Economics for the 21st Century”: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/48523897 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48523726

Mar 3, 2021 • 1h 33min
#90 Stephanie Kelton, Gabrielle Bond & Steven Hail: The Deficit Myth & A Green New Deal
Economist and best-selling author Professor Stephanie Kelton talks with Gabrielle Bond and Dr Steven Hail of the Sustainable Prosperity Action Group. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Support the Sustainable Prosperity Action Group: https://sustainable-prosperity.net.au/about/ 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 of our episodes with Steven Hail: https://www.patreon.com/posts/43083051 Our Unpacking The Deficit Myth series: https://www.patreon.com/posts/47191289 Our episode 47 with Pavlina Tcherneva laying out the Job Guarantee: https://www.patreon.com/posts/36034543 Maastricht and All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/ Curried EMU - the meal that fails to nourish by Wynne Godley: https://www.concertedaction.com/2011/11/07/curried-emu/ Can Taxes And Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf Sign up for “Rethinking Capitalism” April 10th - 11th 2021 (in-person course with Dr Steven Hail at The University of Adelaide: https://sustainable-prosperity.net.au/summer-school/ A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/48167110 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/48165836