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.
According to the Institute for Public Policy Research’s Commission on Economic Justice report called Time for Change: A New Vision for the British Economy, we need a “fundamental reform of the British economy on a […]
Disruption could continue until Saturday as Extinction Rebellion continues climate change protest
The Faculty of Medieval and Modern Languages, Oxford University, kindly invited me to deliver the 2019 Taylor Lecture on 12th February 2019. I chose the topic of Realistic Utopias versus Dystopic Realities – my aim being to […]