Category Archives: Framing and Language

There is no internal MMT rift on trade or development

I was going to write about Jamaica today but this topic emerged that I thought I should deal with before I write about the home of reggae. In fact, some of the material is input into a reasoned discussion about … Read the rest of this entry »

Posted in Capital controls, Economics, Fiscal Statements, Framing and Language, IMF | 35 Comments

Greek austerity – a denial of basic human rights, penalty should be imprisonment

I have just finished reading a report published by the Transnational Institute (TNI), which is an “international research and advocacy institute committed to building a just, democratic and sustainable world”. The Report (published November 19, 2018) – Democracy Not For … Read the rest of this entry »

Posted in Eurozone, Fiscal Statements, Framing and Language, IMF | 48 Comments

Britain should reject the Brexit ‘agreement’ but proceed with the exit

It is Wednesday, and only a short blog post beckons today. I have restrained myself from commenting on Theresa May’s unbelievable Brexit deal, which has the dirty paws of the European Commission all over it. Regular readers will know that … Read the rest of this entry »

Posted in Britain, Capital controls, Demise of the Left, Fiscal Statements, Framing and Language, Politics, Reclaim the State, UK Economy | 24 Comments

Political censorship in Australian research processes – towards authoritarianism

Regular readers will know that I place great value in the disciplines we broadly describe as the Humanities. An understanding of knowledge that history, language, philosophy, geography, politics, sociology, anthropology, music, drama, classical studies and the like is essential if … Read the rest of this entry »

Posted in Framing and Language, Higher Education, Politics | 19 Comments

The Twitter echo chamber

It is Wednesday so just a few things to report and discuss. I have noted in recent weeks an upsurge in the Twitter noise about Modern Monetary Theory (MMT) and various statements along the lines that MMT economists are male … Read the rest of this entry »

Posted in Framing and Language, MMT Textbook, Music | 42 Comments

British fiscal statement – no end to austerity as the Left face plants

Last night in Britain (October 29, 2018), the British Chancellor released the – Budget 2018 – aka the 2018 fiscal statement (my terminology, to avoid triggering the flawed household budget analogy). The detailed analysis is being done by others and … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, UK Economy | 16 Comments

Left-liberals and neoliberals really should not be in the same party

This week’s theme seems to be the about how the so-called progressive side of the economic and political debate keeps kicking ‘own goals’ (given a lot of this is happening in Britain where they play soccer) or finding creative ways … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State, UK Economy, US economy | 35 Comments

The British Labour Fiscal Credibility rule – some further final comments

Over the last weekend, it seemed that we had a return of the Spanish Inquisition with a prominent British academic, who by his own words designed the fiscal rule that British Labour has unwisely adopted, repeatedly demanding that MMT Tweeters … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, UK Economy | 38 Comments

The AfD and its ilk is a sideshow in the neoliberal takeover

The weekend before last I was in Germany (and Bavaria) at the same time as the – Bavarian state election. The results for the SPD (Social Democratic Party) were disastrous losing 20 seats (down from 42) and gaining only 9.7 … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Framing and Language, Politics, Reclaim the State | 42 Comments

MMT and pluralism in economics

I am recording some promotional videos in London today for Macmillan Higher Education who will publish our forthcoming textbook – Macroeconomics on March 11, 2019. These will be the first of many short videos to support the teaching program outlined … Read the rest of this entry »

Posted in Economics, Framing and Language, MMT Textbook | 44 Comments