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Latest book
Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World
Co-authored with Thomas Fazi. To be published by Pluto Books (UK), September 15, 2017.
Go to the The Reclaim the State Project Home Page for more details.
Current book
Eurozone Dystopia: Groupthink and Denial on a Grand Scale – 2015
Chapter 1 – for free.
MMT Textbook – March 2016
Now available for purchase – For details.
2008 book
Full employment abandoned: shifting sands and policy failures
Available from Edward Elgar UK – click image to go to their on-line catalogue
Other Blogs
- New Economic Perspectives
- Warren Mosler
- Peter Martin – The Age
- Michael Perelman
- Bruce McFarling
- Sean Carmody
- Heteconomist
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Category Archives: Capital controls
Operationalising core MMT principles – Part 2
This is the second and final part of this cameo set, which aims to clear up a few major blind spots in peoples’ embrace with Modern Monetary Theory (MMT). This is all repetition. I don’t apologise for that and it … Read the rest of this entry
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
36 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
MMT and the external sector – redux
This blog post is written for a workshop I am participating in Germany on Saturday, October 13, 2018. The panel I am part of is focusing on external trade and currency issues. In this post, I bring together the basic … Read the rest of this entry
Posted in Capital controls, Debriefing 101, Fiscal Statements
101 Comments
MMT is just plain good economics – Part 3
This is the third and final part of this series where I examine claims made by senior advisors to the British Labour Party that a fiscal policy that is designed using the insights provided by Modern Monetary Theory (MMT) would … Read the rest of this entry
The Left propaganda that the state is powerless – continues
When we published our latest book – Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World – last September, Thomas Fazi and I approached the UK Guardian to see if they would publish an Op Ed by … Read the rest of this entry
My response to a German critic of MMT – Part 1
Makroskop is a relatively new media publication in Germany edited by Heiner Flassbeck and Paul Steinhardt. It brings some of the ideas from Modern Monetary Theory (MMT) and other analysis to German-language readers. It is not entirely sympathetic to MMT, … Read the rest of this entry
Posted in Capital controls, Debriefing 101
54 Comments
Prime Minister Corbyn should have no fears from global capital markets
It is clear that the British Tories are looking like the tawdry lot they are as the infighting over the leadership goes on, more often rising to the surface these days as wannabees circle the failing leader Therese May. Her … Read the rest of this entry
Posted in Britain, Capital controls, IMF, UK Economy
31 Comments
