“Let’s face it, the universe is messy. It is nonlinear, turbulent, and chaotic. It is dynamic. It spends its time in transient behavior on its way to somewhere else, not …
The post The empire of lies (and its consequences) appeared first on The Gower Initiative for Modern Money Studies.
‘Growth is one of the stupidest purposes ever invented by any culture. We’ve got to have an ‘enough’. Always ask growth of what, and why, and for whom, and who …
The post Humanity sits at a crossroads as politicians re-sell the politics of public austerity appeared first on The Gower Initiative for Modern Money Studies.
MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …
The post While opposing political parties play the fiscal credibility game, people get hurt. appeared first on The Gower Initiative for Modern Money Studies.
“It is a trope of twentieth and twenty-first century-life that governments faced with financial shortfalls look first to the services they provide their citizens when making cuts. Instances like these …
The post Politicians’ fine-sounding pledges offer little more than a deceitful illusion when sound finances dictate the strategy appeared first on The Gower Initiative for Modern Money Studies.
“As long as we labour under the delusion that financial choices are the same for a government as they are for households or firms, who don’t have a [central] bank …
The post Two worlds. Royalty shamelessly flaunts its wealth while the people struggle to live. appeared first on The Gower Initiative for Modern Money Studies.
Knowing can be a curse on a person’s life. I’d traded in a pack of lies for a pack of truth, and I didn’t know which one was heavier. Which …
The post Keynes’ wisdom still stands; “Anything we can actually do we can afford.” appeared first on The Gower Initiative for Modern Money Studies.
“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …
The post Collapsing services and neglected people in a disintegrating society that could be thriving appeared first on The Gower Initiative for Modern Money Studies.
‘It needs to be understood how governments have facilitated inequality in the world. Billionaires don’t happen naturally. The rules by which a country’s economy operates is controlled by governments. If …
The post Money for big business and war but not for the public good appeared first on The Gower Initiative for Modern Money Studies.
[The] method to the madness is the fact that we do need austerity to enforce a certain organisation of society which is a classist organisation based on wage labor and …
The post It is not the NHS that is failing us, it is the government appeared first on The Gower Initiative for Modern Money Studies.
“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …
The post Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. appeared first on The Gower Initiative for Modern Money Studies.