

The MMT Podcast with Patricia Pino & Christian Reilly
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
You can help sustain this podcast via Patreon: https://www.patreon.com/MMTpodcast
Episodes
Mentioned books

Aug 5, 2020 • 51min
#62 Patricia & Christian: Unpacking The Deficit Myth
Patricia and Christian talk about Stephanie Kelton’s best-seller The Deficit Myth. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast TICKETS FOR GIMMS MMT EVENT with Phil Armstrong 8th August 2020: https://gimms.org.uk/event/the-post-covid-economy/ Dr Steven Hail’s introductory article, “Explainer: what is modern monetary theory?”: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Stephanie Kelton’s introduction to MMT: “The Public Purse” Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf Our two-part interview with Warren Mosler: https://www.patreon.com/posts/28004824 https://www.patreon.com/posts/28142083 Our episodes on monetary sovereignty with Dr Fadhel Kaboub: https://www.patreon.com/posts/31062237 https://pileusmmt.libsyn.com/12-fadhel-kaboub-monetary-sovereignty-colonialism-and-independence The Deficit Myth reading group questions: https://www.patreon.com/posts/39967940 Transcript for opening monologue: https://www.patreon.com/posts/39967528

Jul 29, 2020 • 1h 32min
#61 Richard Murphy: The Treasury Is Choosing Death
Patricia and Christian talk to Professor Richard Murphy about monetary operations, tax justice, and the UK government’s standoff with the NHS regarding finances. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast Richard’s articles: Some basic lessons for the Governor of the Bank of England, who seems to be in dire need of them: https://www.taxresearch.org.uk/Blog/2020/06/23/some-basic-lessons-for-the-governor-of-the-bank-of-england-who-seems-to-be-in-dire-need-of-them/ At long last the government can borrow straight from the Bank of England – as modern monetary theory has always suggested it should: https://www.taxresearch.org.uk/Blog/2020/03/23/at-long-last-the-government-can-borrow-straight-from-the-bank-of-england-as-modern-monetary-theory-has-always-suggested-it-should/ Modern monetary theory says that the state has the ability to create and maintain the value in money and most left of centre economists appear to be repulsed by that: https://www.taxresearch.org.uk/Blog/2020/06/14/modern-monetary-theory-says-that-the-state-has-the-ability-to-create-and-maintain-the-value-in-money-and-most-left-of-centre-economists-appear-to-be-repulsed-by-that/ Randy Wray on modern monetary theory and tax: https://www.taxresearch.org.uk/Blog/2019/10/15/randy-wray-on-modern-monetary-theory-and-tax/ From modern monetary theory to modern taxation theory: a debate to be had: https://www.taxresearch.org.uk/Blog/2019/10/07/from-modern-monetary-theory-to-modern-taxation-theory-a-debate-to-be-had/ Richard’s youtube channel: https://www.youtube.com/channel/UCGlMOIZ1A3zluwLXTGpzZfw Our Job Guarantee / Transition Job episodes: Ep 4 (with Fadhel Kaboub): https://pileusmmt.libsyn.com/what-is-the-job-guarantee Ep 47 (with Pavlina Tcherneva): https://www.patreon.com/posts/36034543 Transcript of opening monologue: https://www.patreon.com/posts/39766883

Jul 22, 2020 • 1h 39min
#60 Nathan Tankus: Notes On The Crises
Patricia and Christian talk to writer and research director for the Modern Money Network Nathan Tankus about the Great Financial Crisis of 2007/2008 and our current crises. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast Support Nathan’s work: https://nathantankus.substack.com/p/im-turning-notes-on-the-crises-into Nathan’s articles: Is There Really A "Looming Bank Collapse?”: https://nathantankus.substack.com/p/is-there-really-a-looming-bank-collapse When Americans Don’t Riot, Politicians Feel Unrestrained: https://prospect.org/civil-rights/when-americans-dont-riot-politicians-feel-unrestrained/ The Federal Reserve's Coronavirus Crisis Actions, Explained (Part 7): https://nathantankus.substack.com/p/the-federal-reserves-coronavirus-468 Transcript of opening monologue: https://www.patreon.com/posts/39517212

Jul 15, 2020 • 1h 31min
#59 Warren Mosler: What Do Central Banks Do?
Patricia and Christian talk to MMT founder Warren Mosler about quantitative easing, interest rates, inflation and all things MMT in the current context. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast Transcript of intro to episode 50, for brief explanation of how government bond sales are used to maintain interest rates: https://www.patreon.com/posts/36851479 Full audio of episode 50: https://www.patreon.com/posts/36846931 Episodes 20 and 21, our first interview with Warren, laying some of the basics of MMT: https://www.patreon.com/posts/28004824 , https://www.patreon.com/posts/28142083 Warren’s MMT white paper: http://moslereconomics.com/mmt-white-paper/ Warren’s book, Seven Deadly Innocent Frauds Of Economic Policy (chapter 5, mentioned in the interview, starts on p59): https://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf Warren’s Pompeii story is in this episode (ep 28): https://www.patreon.com/posts/29265974 Transcript of opening monologue: https://www.patreon.com/posts/39070577

Jul 8, 2020 • 53min
#58 John T Harvey: Contending Perspectives In Economics (Part 2)
In this engaging conversation, John T Harvey, known as the Cowboy Economist and author of Contending Perspectives In Economics, dives deep into the world of economic thought. He critiques mainstream economics and highlights the shortcomings of traditional models, advocating for a more realistic approach to monetary policy. Harvey discusses the complexities of currency issuance and challenges the ideologies behind austerity measures. He also explores how cultural contexts shape economic interactions and the evolving discourse surrounding Modern Monetary Theory, emphasizing communication's vital role.

Jul 1, 2020 • 50min
#57 John T Harvey: Contending Perspectives In Economics (Part 1)
Patricia and Christian talk to author, Forbes contributor, and Cowboy Economist John T Harvey about how different economic schools of thought view the world. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast John’s book, Contending Perspectives In Economics, is available here: https://www.amazon.com/Contending-Perspectives-Economics-Contemporary-Schools/dp/178471948X Transcript of opening Monologue: https://www.patreon.com/posts/38643538

Jun 24, 2020 • 49min
#56 Patricia Pino: Interview With Resistance TV
An interview Patricia gave to Resistance TV about Modern Monetary Theory. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast Video of this interview: https://www.youtube.com/watch?v=51urFYJxu-4 More about The Festival Of Resistance: https://resistfest.co.uk Our episode with Chris Williamson On The Festival Of Resistance project: https://www.patreon.com/posts/patrons-only-to-37986309

Jun 17, 2020 • 1h 10min
#55 Dirk Ehnts: A Way Forward For The Eurozone
Patricia and Christian talk to economist and author Dirk Ehnts about the challenges facing Eurozone member nations, and the policy solution being proposed by Dr Ehnts and other MMT economists. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast Completing The Euro: The Euro Treasury And The Job Guarantee: http://revistaeconomiacritica.org/sites/default/files/9-CruzHidalgo-Ehnst-Tcherneva_Completing-the-Euro.pdf Dirk’s summer and winter school courses: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics https://www.facebook.com/events/762293040931256/ Info on Christian’s MMT show: https://christreilly.com/edfringe/ Transcript for opening monologue: https://www.patreon.com/posts/38252907

Jun 10, 2020 • 1h 27min
#54 Chris Williamson: The Festival Of Resistance
Patricia and Christian talk to politician and campaigner Chris Williamson about his latest project - the Festival of Resistance - and how Modern Monetary Theory has changed his thinking about public policy. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast The Festival of Resistance website: https://resistfest.co.uk Watch and support the comedy of Glenn Wool: https://www.youtube.com/watch?v=Jbc1eeuOaKA https://www.buymeacoffee.com/glennwool Info on Christian’s MMT show: https://christreilly.com/edfringe/ Transcript for opening monologue: https://www.patreon.com/posts/37988380

Jun 3, 2020 • 1h 4min
#53 L. Randall Wray: MMT And The Green New Deal
Patricia and Christian talk to primary MMT academic and author of Understanding Modern Money Professor L. Randall Wray about his early insights into the origins and nature of money and how MMT applies to the Green New Deal. Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast How to Pay for the Green New Deal by Yeva Nersisyan & L. Randall Wray: http://www.levyinstitute.org/pubs/wp_931.pdf Info on Christian’s MMT show: https://christreilly.com/edfringe/ Transcript for opening monologue: https://www.patreon.com/posts/37729161