The MMT Podcast with Patricia Pino & Christian Reilly

Patricia Pino & Christian Reilly
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Nov 17, 2021 • 1h 30min

#122 Warren Mosler, Philippa Sigl-Glöckner, Achim Truger, Paul Sheard: The Political Economy Of Fiscal Policy

A panel discussion with Warren Mosler (MMT founder), Achim Truger (German Council of Economic Advisers), Philippa Sigl-Glöckner (Dezernat Zukunft) and Paul Sheard (Harvard Kennedy School) from the 2nd International European Modern Monetary Theory Conference. Recorded September 14, 2021. 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 Video of this event: https://youtu.be/oz9wU5VWGUQ All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 Our episode 116 featuring Dirk Ehnts interviewing Warren Mosler: https://www.patreon.com/posts/56979140 An explanation of the NAIRU (Non-accelerating inflation rate of unemployment) and the alternative MMT approach, the NAIBER (non-accelerating inflation buffer employment ratio): https://en.wikipedia.org/wiki/NAIBER Maximizing Price Stability in a Monetary Economy by Warren Mosler & Damiano B. Silipo: https://www.levyinstitute.org/pubs/wp_864.pdf Brexit Is A Wake-Up Call To The EU, But So Far It Is Not Being Answered by Paul Sheard: https://www.briefingsforbritain.co.uk/brexit-is-a-wake-up-call-to-the-eu-but-so-far-it-is-not-being-answered-by-paul-sheard/ Philippa Sigl-Glöckner's Organisation, Dezernat Zukunft: https://www.dezernatzukunft.org/ Our episode 47 with Pavlina Tcherneva explaining the 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 Show notes: https://www.patreon.com/posts/58778703
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Nov 10, 2021 • 1h 38min

#121 Brian Romanchuk: MMT & The Recovery

Christian talks with author, financial consultant, and writer for bondeconomics.com Brian Romanchuck about recent monetary policy news and his recent book, Modern Monetary Theory & The Recovery. 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 Brian's books: http://www.bondeconomics.com/p/books.html 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 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 MMT Scholarship: http://neweconomicperspectives.org/mmt-scholarship Trade and external finance mysteries by Bill Mitchell: http://bilbo.economicoutlook.net/blog/?p=39282 Our episode 47 with Pavlina Tcherneva explaining the 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 Show notes: https://www.patreon.com/posts/58493863
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Nov 3, 2021 • 1h 22min

#120 Phil Armstrong: What Is Budget Responsibility?

Patricia and Christian take a look at the UK chancellor's recent budget through the MMT lens with MMT scholar and author Dr Phil Armstrong. 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 Phil Armstrong on Twitter: https://twitter.com/PhilArmstrong58 All of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html Our episode 47 with Pavlina Tcherneva explaining the 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 Show notes: https://www.patreon.com/posts/58200406
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Oct 27, 2021 • 58min

#119 Agustin Mario: MMT In Latin America & Argentina's Jefes Y Jefas Program

Patricia & Christian talk with Argentinian economist and author of "Modern Monetary Theory And The Employer Of Last Resort" Agustin Mario about Argentina's economic history, and its employer of last resort program - Plan Jefes y Jefas de Hogar Desocupados (Program for Unemployed Male and Female Heads of Households). 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 Agustin Mario on Twitter (@agu_mario): https://twitter.com/agu_mario Teoría del Dinero Moderno y Empleador de Última Instancia by Agustin Mario: http://bit.ly/2G2WKTt Red MMT (Spanish-language MMT network): http://www.redmmt.es/ 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 Show notes: https://www.patreon.com/posts/57888740
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Oct 27, 2021 • 58min

#119 Agustin Mario: MMT In Latin America & Argentina's Jefes Y Jefas Program

Patricia & Christian talk with Argentinian economist and author of "Modern Monetary Theory And The Employer Of Last Resort" Agustin Mario about Argentina's economic history, and its employer of last resort program - Plan Jefes y Jefas de Hogar Desocupados (Program for Unemployed Male and Female Heads of Households). 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 Agustin Mario on Twitter (@agu_mario): https://twitter.com/agu_mario Teoría del Dinero Moderno y Empleador de Última Instancia by Agustin Mario: http://bit.ly/2G2WKTt Red MMT (Spanish-language MMT network): http://www.redmmt.es/ 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 Show notes: https://www.patreon.com/posts/57888740
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Oct 20, 2021 • 1h 14min

#118 Patricia & Christian: The People Vs Interest Rates

Patricia & Christian talk about recent media coverage of economic policy and answer listener questions on interest rates, trade, monetary policy and 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 of our Q&A episodes: https://www.patreon.com/posts/57542767 An Accounting Model of the UK Exchequer: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ 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 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 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 Show notes: https://www.patreon.com/posts/57589452
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Oct 13, 2021 • 1h 7min

#117 Brian Romanchuk & Dirk Ehnts: "The Meaning Of MMT" - A Response

Christian talks to financial consultant Brian Romanchuk and economist Dirk Ehnts about a recent working paper published by Banque De France entitled "The Meaning of MMT". 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 of our episodes with Dirk Ehnts: https://www.patreon.com/posts/44467243 Modern Monetary Theory and the Recovery by Brian Romanchuk: http://www.bondeconomics.com/2021/03/modern-monetary-theory-and-recovery_11.html "The Meaning Of MMT" (Yeah, Sure) by Brian Romanchuk: http://www.bondeconomics.com/2021/10/the-meaning-of-mmt-yeah-sure.html Follow Brian Romanchuk on Twitter: https://twitter.com/RomanchukBrian Follow Dirk Ehnts on Twitter: https://twitter.com/DEhnts The website of the 2nd International European MMT conference (2021), includes videos of presentations and panels: https://www.mmtconference.eu/ For MMT views on inflation, see: Episode 65 - Phil Armstrong: Understanding Inflation: https://pileusmmt.libsyn.com/65-phil-armstrong-understanding-inflation Episode 88 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 1): https://www.patreon.com/posts/47638591 Episode 89 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 2): https://www.patreon.com/posts/episode-89-phil-47904999 Money Growth Does Not Cause Inflation! by John T. Harvey https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/#6b405a2142f5 An MMT Response on What Causes Inflation: https://www.researchgate.net/profile/Scott-Fullwiler/publication/332318485_An_MMT_Response_on_What_Causes_Inflation/links/5cad762b92851ccd4ac06dea/An-MMT-Response-on-What-Causes-Inflation.pdf?origin=publication_detail A Framework for the Analysis of the Price Level and Inflation by Warren Mosler: https://docs.google.com/document/d/1sySbx6EHOAYpAjE4FGnYApdZNyY6rh79KzajZxSU884/edit?fbclid=IwAR2L_RC11e8H40f-QhnPSrWxDmPM0bq8sFSDVKV87UXqA75vgvxx322eVN4 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf 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 Show notes: https://www.patreon.com/posts/57313764
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Oct 6, 2021 • 1h 23min

#116 Warren Mosler: 25 Years Of Modern Monetary Theory

MMT founder Warren Mosler talks with Dirk Ehnts and Patricia Pino - and answers audience questions at the opening event of the 2nd International European Modern Monetary Theory Conference 2021. 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 Video of this event: https://www.youtube.com/watch?v=A6CpXybh_gw All of our episodes with Warren Mosler: https://www.patreon.com/posts/42918786 More about the Pufendorf Foundation: https://www.pufendorf-gesellschaft.org/ A Framework for the Analysis of the Price Level and Inflation by Warren Mosler: https://docs.google.com/document/d/1sySbx6EHOAYpAjE4FGnYApdZNyY6rh79KzajZxSU884/edit?fbclid=IwAR2L_RC11e8H40f-QhnPSrWxDmPM0bq8sFSDVKV87UXqA75vgvxx322eVN4 Warren Mosler's proposals for the banking system: https://www.huffpost.com/entry/proposals-for-the-banking_b_432105 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf Warren Mosler MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf More about the online Global Forum on Democratizing Work (5–7 October 2021): https://democratizingwork.org/global-forum 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 Show notes: https://www.patreon.com/posts/56979140
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Sep 29, 2021 • 1h 22min

#115 Phil Armstrong: Democratising Work

Patricia and Christian talk with MMT scholar and author Dr Phil Armstrong about the MMT Job Guarantee and the upcoming online Global Forum on Democratizing Work. 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 of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846 Our episode 47 with Pavlina Tcherneva explaining the Job Guarantee: https://www.patreon.com/posts/36034543 Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html An Accounting Model of the UK Exchequer – 2nd edition: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ More about the Rete MMT activist network: https://www.retemmt.it/ More about the online Global Forum on Democratizing Work (5–7 October 2021): https://democratizingwork.org/global-forum "Scotland to trial a four-day week" - BBC News: https://www.bbc.co.uk/news/uk-scotland-scotland-business-58403087 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 Show notes: https://www.patreon.com/posts/56712932
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Sep 22, 2021 • 57min

#114 Tim Rideout: The Scottish Reserve Bank

Christian talks with Dr Tim Rideout of the SNP Policy Development Committee and the Scottish Currency Group about the design of the Scottish Reserve Bank and 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 More information on The Scottish Currency group: https://www.facebook.com/groups/715532695555527 More information on The Scottish Reserve Bank: https://www.reservebank.scot/#gsc.tab=0 For more information on MMT and Scotland, visit Modern Money Scotland: https://www.modernmoney.scot/ More episodes relating to Scottish independence: https://www.patreon.com/posts/56419654 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 Show notes: https://www.patreon.com/posts/56420591

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