MMT economist Steven Hail helps understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how these things impact on interest rates, plus the effect of quantitative easing.
We are continuing with Part 3 of this brilliant series. See Part 1 here and Part 2 here
Tom Mills joins Politics Theory Other to discuss the problems of the UK media, the Labour Party leadership’s proposals for media reform, and the media class’s aversion to workplace democracy. Listen here
We’ve talked about the climate change crisis on the Debunking Economics podcast, but there’s a broader issue we all face, highlighted in the Club of Rome back in 1972. We are chewing up resources faster […]