The MMT Podcast with Patricia Pino & Christian Reilly

Patricia Pino & Christian Reilly
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Jan 6, 2021 • 58min

#82 Patricia & Christian: Interview With Physical Attraction Podcast (part 2)

Part 2: Patricia and Christian talk with the host of Physical Attraction podcast Thomas Hornigold about the implications of MMT as they see it.   Part 1 of this conversation: https://www.patreon.com/posts/42722165   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   An overview of the Job Guarantee and NAIBER concept: https://en.wikipedia.org/wiki/NAIBER   Warren Mosler’s business card analogy: https://youtu.be/t9xjxLm4Zvk   Transcript for opening monologue: https://www.patreon.com/posts/45755829   Show notes: https://www.patreon.com/posts/45756021
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Dec 30, 2020 • 1h 9min

#81 Warren Mosler: MMT Q&A Holiday Special! (part 2)

Part 2: Patricia and Christian ask MMT founder Warren Mosler questions written by podcast patrons.   Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   Part 1 of this conversation: https://www.patreon.com/posts/45281376    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 Warren Mosler: https://www.patreon.com/posts/42918786   Episode 59 - Warren Mosler: What Do Central Banks Do? https://www.patreon.com/posts/39070023   Episode 65 - Phil Armstrong: Understanding Inflation https://www.patreon.com/posts/40672678   Episode 9  - MMT Activism, The Job Guarantee And Automatic Stabilisers: https://www.patreon.com/posts/41782123   Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543   Our episode 12 on monetary sovereignty: https://www.patreon.com/posts/41790149   Our episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014   Warren’s MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit   Seven Deadly Innocent Frauds Of Economic Policy, by Warren Mosler: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf   Warren’s website: http://moslereconomics.com   Warren’s mandatory readings: http://moslereconomics.com/mandatory-readings/   The Natural Rate of Interest Is Zero, by Mathew Forstater and Warren Mosler: http://www.moslereconomics.com/wp-content/graphs/2009/07/natural-rate-is-zero.PDF   Maximizing Price Stability in a Monetary Economy by Warren Mosler & Damiano B. Silipo: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2775400   More on underconsumption: https://en.wikipedia.org/wiki/Underconsumption   Transcript for opening monologue: https://www.patreon.com/posts/45556519   Show notes: https://www.patreon.com/posts/45555840
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Dec 23, 2020 • 1h 22min

#80 Warren Mosler: MMT Q&A Holiday Special! (part 1)

Patricia and Christian ask MMT founder Warren Mosler questions written by patrons.   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 Warren Mosler: https://www.patreon.com/posts/42918786   Our episode 12 on monetary sovereignty: https://www.patreon.com/posts/41790149   Our episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014   Warren’s MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit   Seven Deadly Innocent Frauds Of Economic Policy, by Warren Mosler: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf   Warren’s website: http://moslereconomics.com   Warren’s mandatory readings: http://moslereconomics.com/mandatory-readings/   The Natural Rate of Interest Is Zero, by Mathew Forstater and Warren Mosler: http://www.moslereconomics.com/wp-content/graphs/2009/07/natural-rate-is-zero.PDF   Maximizing Price Stability in a Monetary Economy by Warren Mosler & Damiano B. Silipo: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2775400   More on underconsumption: https://en.wikipedia.org/wiki/Underconsumption   Transcript for opening monologue: https://www.patreon.com/posts/45281242   Show notes: https://www.patreon.com/posts/45281376
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Dec 16, 2020 • 57min

#79 John Morrison: Deciphering Economists

Christian talks to teacher, astute commentator, and aspiring economist understander John Morrison about mainstream economic models.   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   John Morrison on Twitter (@J_MoAGoGo): https://twitter.com/J_MoAGoGo   Steven Hail’s quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095   Our episode 7 with Steven Hail: https://www.patreon.com/posts/41780508   Our episodes explaining the Job Guarantee: https://www.patreon.com/posts/44698508   L. Randall Wray introductory video: https://www.youtube.com/watch?v=i35uBVeNp6c   Bill Mitchell’s blog: http://bilbo.economicoutlook.net/blog/   An MMT response on what causes inflation by Scott Fullwiler, Rohan Grey and Nathan Tankus: https://www.businesstelegraph.co.uk/an-mmt-response-on-what-causes-inflation/   An overview of chartalism: https://en.wikipedia.org/wiki/Chartalism   Books by Frederic Sterling Lee: https://en.wikipedia.org/wiki/Frederic_Sterling_Lee#Books   Debunking Economics by Steve Keen: https://www.amazon.co.uk/Debunking-Economics-Naked-Emperor-Dethroned/dp/1848139926   Transcript for opening monologue: https://www.patreon.com/posts/44757920    Show notes: https://www.patreon.com/posts/44722042 
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Dec 9, 2020 • 1h 17min

#78 John T. Harvey: International Monetary Economics

Patricia and Christian talk to Professor John T Harvey about international monetary economics, what influences currency prices, and much more.   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 John T. Harvey:  https://www.patreon.com/posts/44371783   Our episodes on inflation:  Episode 7: https://www.patreon.com/posts/41780508 Episode 65: https://www.patreon.com/posts/40672678   Our episode on the external sector: Episode 72: https://www.patreon.com/posts/43043601   Previous episodes on currency prices: Episode 6: https://www.patreon.com/posts/41779230 Episode 41:https://www.patreon.com/posts/32695528 Episode 64: https://www.patreon.com/posts/40518059  Episode 72: https://www.patreon.com/posts/43043601   Our Episode 10 with Chiara Zoccarato on The Eurozone crisis:  https://www.patreon.com/posts/41789282   Our Episode 55 with Dr Dirk Ehnts on A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014   Professor John T Harvey’s writing: Money Growth Does Not Cause Inflation!: https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/?sh=d18253a42f58#185812f542f5   Currencies, Capital Flows and Crises: A Post Keynesian Analysis of Exchange Rate Determination: https://www.amazon.com/gp/product/B002132QYM/ref=dbs_a_def_rwt_hsch_vapi_taft_p1_i0   Transcript for opening monologue: https://www.patreon.com/posts/44373910   Show notes: https://www.patreon.com/posts/44373728 
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Dec 2, 2020 • 1h 15min

#77 Sam Levey: MMT For Mainstream Economists And Mobilisation Theory (part 2)

Part 2: Patricia and Christian continue their conversation with MMT scholar Sam Levey about his “MMT For Mainstream Economists” website. Part 1 of this conversation: https://www.patreon.com/posts/43697752 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   Sam’s MMT For Mainstream Economists website:  https://deficitowls.wixsite.com/mmt4mainstreamecons   Our episode with Sam on understanding endogenous money:  Episode 43: https://www.patreon.com/posts/35073683   All our episodes with Sam: https://www.patreon.com/posts/43189679   Sam’s article - Monopoly Money Redux:  https://medium.com/@slevey087/monopoly-money-redux-a4d96f156f7   Sam’s paper - Mobilization Theory: Some Lessons from the Literature for Today:  http://www.global-isp.org/wp-content/uploads/WP-126.pdf   Other Recommended Reading:   Michael Kalecki - Political Aspects of Full Employment: https://delong.typepad.com/kalecki43.pdf   Warren Mosler’s Talk In Chianciano, Italy, January 11, 2014 - What A Good Economy Should Look Like: http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html   How to Pay for the Green New Deal by Yeva Nersisyan and L. Randall Wray: http://www.levyinstitute.org/publications/how-to-pay-for-the-green-new-deal   Quick explanation of NAIBER: https://en.wikipedia.org/wiki/NAIBER   Miscellaneous: https://sci-hub.st/   Transcript for opening monologue: https://www.patreon.com/posts/44254311   Show notes: https://www.patreon.com/posts/43886189
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Nov 25, 2020 • 1h 9min

#76 Sam Levey: MMT For Mainstream Economists And Mobilisation Theory (part 1)

Part 1: Patricia and Christian talk to MMT scholar Sam Levey about a collection of resources he put together to help people with a more mainstream grasp of economics get acquainted with MMT. Part 2 of this conversation: https://www.patreon.com/posts/43886189    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   Sam’s MMT For Mainstream Economists page:  https://deficitowls.wixsite.com/mmt4mainstreamecons   Our episode with Sam on understanding endogenous money:  Episode 43: https://www.patreon.com/posts/35073683   All our episodes with Sam: https://www.patreon.com/posts/43189679   Sam’s article  - Monopoly Money Redux:  https://medium.com/@slevey087/monopoly-money-redux-a4d96f156f7   Sam’s paper - Mobilization Theory: Some Lessons from the Literature for Today:  http://www.global-isp.org/wp-content/uploads/WP-126.pdf   Other Recommended Reading:   Michael Kalecki - Political Aspects of Full Employment: https://delong.typepad.com/kalecki43.pdf   Warren Mosler’s Talk In Chianciano, Italy, January 11, 2014 - What A Good Economy Should Look Like: http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html   How to Pay for the Green New Deal by Yeva Nersisyan and L. Randall Wray: http://www.levyinstitute.org/publications/how-to-pay-for-the-green-new-deal   Miscellaneous: https://sci-hub.st/   Transcript for opening monologue: https://www.patreon.com/posts/43741980 
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Nov 18, 2020 • 1h 37min

#75 Neil Wilson & Phil Armstrong: In Conversation

Neil Wilson, finance expert, and Phil Armstrong discuss Modern Monetary Theory, government deficits, job guarantees, redefining economics, MMT implications for the economic system, job guarantee vs. Universal Basic Income, flaws in the student loan system, Brexit trade deals, tax system simplification, and expressing gratitude for contributions.
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Nov 11, 2020 • 1h 13min

#74 Robert Hockett: Spreading The Fed & Why Wicksell Matters (part 2)

Part 2: Patricia and Christian continue the conversation with Professor Robert Hockett about his work on digitising the dollar and financing the Green New Deal.   Please help sustain this podcast!  Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   Part 1 of this conversation: https://www.patreon.com/posts/43321755   For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417   Our episode on understanding endogenous money:  Episode 43 with Sam Levey: https://www.patreon.com/posts/35073683   Our episodes on understanding government bonds with Dr Steven Hail:  Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500   Our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621   Our episode 47 with Pavlina Tcherneva: https://www.patreon.com/posts/36034543   Robert’s articles: On Knut Wicksell: https://www.forbes.com/sites/rhockett/2020/10/26/modern-pre-modern-or-post-modern-money-a-brief-guide-for-the-perplexed/amp/#click=https://t.co/BonZ1NY19m Discussion on the above article: https://twitter.com/rch371/status/1320765097246117890?s=20 Spread The Fed, Part I: https://lpeproject.org/blog/spread-the-fed-part-i/ Spread The Fed, Part II: https://lpeproject.org/blog/spread-the-fed-part-ii/   Robert’s books:  Money from Nothing: https://www.publishersweekly.com/978-1-61219-856-9?fbclid=IwAR1gIK5rP6dshLqO-pvSouJfBHw7uvYbEr9TqOtG-lZ48BMAwVts8LAD46g  Financing the Green New Deal: https://www.palgrave.com/gp/book/9783030484491?fbclid=IwAR0ZJMz7EsBF1WhnDZOHsoHjJwDrcV_1CAhw79N8WjbKGK_KUTKYHfK_HlI#aboutBook   Robert’s paper: The Fed’s Municipal Liquidity Facility: Community QE at Last: http://www.global-isp.org/wp-content/uploads/PN-120.pdf   Transcript for opening monologue: https://www.patreon.com/posts/43489077  
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Nov 4, 2020 • 1h 6min

#73 Robert Hockett: Spreading The Fed & Why Wicksell Matters (part 1)

Patricia and Christian talk to Professor Robert Hockett about his roots as a scholar, the man he describes as “the most important economist you’ve never heard of”, and about digitising the dollar.   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   Our episode on understanding endogenous money:  Episode 43 with Sam Levey: https://www.patreon.com/posts/35073683   Our episodes on understanding government bonds with Dr Steven Hail:  Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500   Robert’s articles: On Knut Wicksell: https://www.forbes.com/sites/rhockett/2020/10/26/modern-pre-modern-or-post-modern-money-a-brief-guide-for-the-perplexed/amp/#click=https://t.co/BonZ1NY19m Discussion on the above article: https://twitter.com/rch371/status/1320765097246117890?s=20 Spread The Fed, Part I: https://lpeproject.org/blog/spread-the-fed-part-i/ Spread The Fed, Part II: https://lpeproject.org/blog/spread-the-fed-part-ii/   Robert’s books:  Money from Nothing: https://www.publishersweekly.com/978-1-61219-856-9?fbclid=IwAR1gIK5rP6dshLqO-pvSouJfBHw7uvYbEr9TqOtG-lZ48BMAwVts8LAD46g  Financing the Green New Deal: https://www.palgrave.com/gp/book/9783030484491?fbclid=IwAR0ZJMz7EsBF1WhnDZOHsoHjJwDrcV_1CAhw79N8WjbKGK_KUTKYHfK_HlI#aboutBook   Robert’s paper: The Fed’s Municipal Liquidity Facility: Community QE at Last: http://www.global-isp.org/wp-content/uploads/PN-120.pdf   Transcript for opening monologue: https://www.patreon.com/posts/43321843

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