Despite the extension of the Ways and Means facility and expanded Quantitative Easing, the Treasury and the Bank of England might still deny …
austerity
Big issues are at stake in this election but public debt isn’t one of them
With the major parties outlining their spending plans, some politicians and commentators have expressed concern about the level of public …
A reformed appointment process of the IMF director won’t cut it, the whole institution needs an overhaul
The EU’s finance ministers recently voted for Kristalina Georgieva, the Chief Executive of the World Bank, to take on the top job at the …
A Government is not a household
Claims of ending austerity ring hollow, unless we do away with the 'household' fallacy The single greatest masterstroke of the …
A week of modern monetary events: #mmtconf18 and the Gower Initiative
Autumn always brings a busy events calendar, and this year has been no exception. Last week, Positive Money attended two conventions …
Modern Monetary Theory and Positive Money, Part II: Money and Debt (1)
This is the second in a series of blogs looking at the relationship between Modern Monetary Theory and the proposals made by Positive Money. …
Time Up For Austerity
Nearly a decade of austerity has put the UK economy in a sorry state. Wages have grown at their slowest rate since the Napoleonic Wars. …