
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

Jul 13, 2022 • 1h 26min
#135 Cory Doctorow: Blockchain, Bitcoin & Selling The Brooklyn Bridge
Patricia and Christian talk to acclaimed author and digital rights advocate, Cory Doctorow about blockchain, cryptocurrency, NFTs 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 And Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 For more on Quantitative Easing: Episode 59 - Warren Mosler: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Cory Doctorow - “The Inevitability of Trusted Third Parties”: https://onezero.medium.com/the-inevitability-of-trusted-third-parties-a51cbcffc4e2 Cory’s Blog: https://pluralistic.net/ Cory on Twitter: https://twitter.com/doctorow All our episodes with Cory Doctorow: https://www.patreon.com/posts/41970049 More on crypto: The Edited Latecomer’s Guide To Crypto: https://www.mollywhite.net/annotations/latecomers-guide-to-crypto More on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Our episodes about “An Accounting Model of the UK Exchequer”: Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 More on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/ A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 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 Transcript for opening monologue: https://www.patreon.com/posts/68946236 Show notes: https://www.patreon.com/posts/68946334

Jul 6, 2022 • 55min
#134 Fadhel Kaboub: Davos 2022 - Unpacking The World Economic Forum Summit
Patricia and Christian talk to economist and president of the Global Institute For Sustainable Prosperity, Professor Fadhel Kaboub about some of the events featured at this year’s World Economic Forum summit in Davos. 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 And Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 All our episodes in chronological order: https://www.patreon.com/posts/43111643 Fadhel Kaboub’s work: http://www.global-isp.org/president/ Fadhel on Twitter: https://twitter.com/FadhelKaboub All our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621 For more on the Edward Lipiński Foundation’s MMT Summer School in Poznań, Poland (10th - 14th August 2022): https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2022/ Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/ More on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Our episodes about “An Accounting Model of the UK Exchequer”: Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 On digital currency Rohan Grey’s writing: https://rohangrey.net/writing/ Our Rohan grey episodes: https://www.patreon.com/posts/43558419 Full list of World Economic Forum panels: https://www.weforum.org/events/world-economic-forum-annual-meeting-2022/programme Panel - The View from Capitol Hill: https://www.weforum.org/events/world-economic-forum-annual-meeting-2022/sessions/the-view-from-capitol-hill Panel - What Next for Global Growth? (featuring Mariana Mazzucato): https://www.weforum.org/events/world-economic-forum-annual-meeting-2022/sessions/aligning-on-new-approaches-to-economic-policy-making Panel - The Four-Day Week: Necessity or Luxury?: https://www.weforum.org/events/world-economic-forum-annual-meeting-2022/sessions/the-four-day-week-necessity-or-luxury More on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 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 Transcript for opening monologue: https://www.patreon.com/posts/68600332 Show notes: https://www.patreon.com/posts/68600373

Jun 8, 2022 • 52min
#133 Hannah Appel: Debt Cancellation - The Activist's Toolkit
Patricia and Christian talk to economic anthropologist and co-founder of the Debt Collective, Professor Hannah Appel about the growing movement for debt abolition and where MMT fits in with it. 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 For more on The Debt Collective: https://debtcollective.org/what-we-do/debt-abolition/#faqs The Debt Collective on Twitter: https://twitter.com/StrikeDebt NYT Student Debt Editorial, Annotated by the Debt Collective: https://medium.com/@debtcollective/nyt-student-debt-editorial-annotated-by-the-debt-collective-ccafa6e3a3dc The Debt Collective - “Cancel Student Debt: The Best Answers To The Toughest Questions”: https://medium.com/@debtcollective/cancel-student-debt-the-best-answers-to-the-toughest-questions-3e4309877db6 Hannah Appel - “Debtors Of The World Unite”: https://bostonreview.net/articles/debtors-world-unite/ Attend online events from the Levy Economics Institute summer seminar, June 11–18, 2022 (NB session times are in eastern time): https://www.levyinstitute.org/conferences/summer_sem_public_schedule_6_2.pdf For more on the Edward Lipiński Foundation’s MMT Summer School in Poznań, Poland (10th - 14th August 2022): https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2022/ Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/ More on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Our episodes about “An Accounting Model of the UK Exchequer”: Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 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 Transcript for opening monologue: https://www.patreon.com/posts/67518447 Show notes: https://www.patreon.com/posts/67518491

May 25, 2022 • 1h 23min
#132 Phil Armstrong: Greece, The Euro & Getting The Money Story Right
Patricia and Christian talk to economist and author Dr Phil Armstrong about his recent paper, which is a response to a Marxist critique of Modern Monetary Theory with reference to the Eurozone and Greece. 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 Phil Armstrong: https://www.patreon.com/posts/42072846 Stay current with Phil via Twitter: https://twitter.com/PhilArmstrong58 “A modern monetary theory advocate’s response to ‘modern monetary theory on money, sovereignty, and policy: A marxist critique with reference to the Eurozone and Greece’ by Costas Lapavitsas and Nicolás Aguila (2020)” by Phil Armstrong: https://www.tandfonline.com/doi/abs/10.1080/2329194X.2022.2051720 “Time For Informed Change. Post Covid-19 Economics” by Phil Armstrong & Nick Potts: https://gimms.org.uk/2020/08/13/time-for-informed-change-post-covid-19-economics/ Register for events at the Modern Money Network's 4th Annual MMT Conference: https://events.modernmoney.network/category/7/ For more on the MMT Summer School in Poznań, Poland: https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2022/ Episode 72 - Steven Hail: The External Sector: https://www.patreon.com/posts/43043601 Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/ Episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014 The Mosler Plan for Greece: http://moslereconomics.com/2011/06/29/the-mosler-plan-for-greece/ More on monetary operations: Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Our episodes about “An Accounting Model of the UK Exchequer”: Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 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 Transcript for opening monologue: https://www.patreon.com/posts/66829263 Show notes: https://www.patreon.com/posts/66829431

Apr 20, 2022 • 1h 10min
#131 Fadhel Kaboub: Free Trade Isn’t Free: Food Sovereignty And Why It Matters
Patricia and Christian talk to economist and President of the Global Institute For Sustainable Prosperity Professor Fadhel Kaboub about how global food and energy systems have been fostered to benefit the global north at the expense of the global south, and how understanding modern money is vital to untangling the mess. 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 Fadhel Kaboub: https://www.patreon.com/posts/43484621 Stay current with Fadhel via Twitter: https://twitter.com/FadhelKaboub Episode 12 - Fadhel Kaboub: Monetary Sovereignty, Colonialism and Independence: https://www.patreon.com/posts/41790149 Bill Mitchell - “Zimbabwe for hyperventilators 101”: http://bilbo.economicoutlook.net/blog/?p=3773 Register for events at the Modern Money Network's 4th Annual MMT Conference (held online over the next six weekends in April and May): https://events.modernmoney.network/category/7/ More on monetary operations: Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Details for the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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 Transcript for opening monologue: https://www.patreon.com/posts/65378023 Show notes: https://www.patreon.com/posts/episode-131-free-65377999

Apr 6, 2022 • 1h 8min
#130 Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money
Patricia and Christian talk to scholar, researcher, CUNY lecturer and executive director of Public Money Action, Andrés Bernal about his most recent paper “Inflationary Pressures in the Time of Covid-19: MMT as a Theory of Inflation”. 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 Register for events at the Modern Money Network's 4th Annual Conference (to be held online over the next four weekends in April): https://events.modernmoney.network/category/7/ Patricia and Christian will be on this panel “MMT Content Production and Publication”: https://events.modernmoney.network/event/12/ “Inflationary Pressures in the Time of Covid-19: MMT as a Theory of Inflation” by Andrés Bernal: http://www.global-isp.org/wp-content/uploads/WP-132.pdf Stay current with Andrés via Twitter: https://twitter.com/andresintheory Stay current with the Money On The Left collective: https://twitter.com/moneyontheleft The Debt Collective: https://twitter.com/StrikeDebt Interview with Braxton Brewington of The Debt Collective on student loan cancellation: https://fair.org/home/braxton-brewington-on-student-loan-debt-andy-marra-on-trans-youth-rights/ Warren Mosler / Robert Murphy debate: https://youtu.be/cUTLCDBONok An overview of chartalism: https://en.wikipedia.org/wiki/Chartalism For more on banking operations: Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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 Transcript for opening monologue: https://www.patreon.com/posts/64711994 Show notes: https://www.patreon.com/posts/64711495

Mar 23, 2022 • 41min
#129: MMT Lens On The Chancellor's Spring Statement
Patricia and Christian talk about what’s likely to be missing from Chancellor Rishi Sunak’s spring statement. 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 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 30 - Steven Hail: Understanding Government Bonds (Part 1): https://www.patreon.com/posts/29621245 Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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 Transcript for opening monologue: https://www.patreon.com/posts/64142931 Show notes: https://www.patreon.com/posts/64142978

Mar 16, 2022 • 1h 9min
#128 L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?
Patricia and Christian talk to MMT economists L. Randall Wray and Yeva Nersisyan about their most recent paper, “What’s Causing Accelerating Inflation? Pandemic Or Policy Response?” 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 L. Randall Wray: https://www.patreon.com/posts/44467066 “What’s Causing Accelerating Inflation: Pandemic or Policy Response?” by Yeva Nersisyan & L. Randall Wray: https://www.levyinstitute.org/publications/whats-causing-accelerating-inflation-pandemic-or-policy-response “Still Flying Blind After All These Years: The Federal Reserve’s Continuing Experiments With Unobservables” by Dimitri B. Papadimitriou & L. Randall Wray: https://www.levyinstitute.org/pubs/ppb_156.pdf “How to Pay for the Green New Deal” by Yeva Nersisyan & L. Randall Wray: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=339898 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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 Transcript for opening monologue: https://www.patreon.com/posts/63776575 Show notes: https://www.patreon.com/posts/63776558

Mar 2, 2022 • 1h 20min
#127 Robert Hockett: Fine Tuning Monetary Easing
Patricia and Christian talk to author, public finance consultant, and Professor of Law Robert Hockett about his proposal to tame speculative bubbles and put public capital back to public use. 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 Robert Hockett: https://www.patreon.com/posts/63228139 Building Banks Better: A Plan to Put Public Capital Back to Public Use by Robert Hockett: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4023614 Fine-Tuning Monetary Easing, Part 2: The Fed’s New Chicago Trading Capacity by Robert Hockett: https://www.forbes.com/sites/rhockett/2022/01/31/fine-tuning-monetary-easing-part-2-the-feds-new-chicago-trading-capacity/?sh=33ff44a3318d Money from Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve by Robert Hockett and Aaron James: https://www.amazon.co.uk/Money-Nothing-Worrying-Federal-Reserve/dp/B08FLQK2YF/ref=sr_1_1?crid=KT51L5RY6QZ6&keywords=robert+hockett&qid=1646152833&s=books&sprefix=Robert+Hockett%2Cstripbooks%2C70&sr=1-1 Financing the Green New Deal: A Plan of Action and Renewal by Robert Hockett: https://www.amazon.co.uk/Financing-Green-New-Deal-Renewal/dp/3030484491/ref=sr_1_3?crid=KT51L5RY6QZ6&keywords=robert+hockett&qid=1646152833&s=books&sprefix=Robert+Hockett%2Cstripbooks%2C70&sr=1-3 More on inflation: Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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/63227310

Feb 16, 2022 • 1h 16min
#126 Dirk Ehnts: How Banks Create Money
Patricia and Christian talk to economist and author Dr Dirk Ehnts, about his latest book, MMT Essentials, the hierarchy of money, and where commercial banks fit into it. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Springer Essentials: MMT by Dirk Ehnts (available in German at time of posting): https://link.springer.com/book/10.1007/978-3-658-36488-5 Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022 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 Dirk Ehnts: https://www.patreon.com/posts/44467243 Dirk Ehnts’ website: https://www.dirk-ehnts.de/ Dirk Ehnts on Twitter: https://twitter.com/DEhnts Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183 Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929 An Accounting Model of the UK Exchequer by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/wp-content/uploads/2021/02/An-Accounting-Model-of-the-UK-Exchequer-2nd-edition.pdf Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 Transcript for opening monologue: https://www.patreon.com/posts/62603373 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/62603318
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