MMT links (explainers, commentary, basics etc).

[admin]

An excellent video from the Real Progressives youtube channel that covers a heap of the basics in a pretty non technical manner. It goes for a fair while, but its worth it to watch. You might have to split it into a couple of sittings, that's what everyone seems to do.


https://www.youtube.com/watch?v=wCtdF2ID_Wc

[admin]

Here's one (of four) from the Deficit Owls youtube channel which are also helpful just to get into Modern Monetary Theory (MMT)

[admin]

Another from Deficit Owls (two of four)

[admin]

Deficit Owls (three of four)

[admin]

Deficit owls (four of four)

[admin]

Link to the Macro n Cheese podcast (which has a range of good MMT and progressive info) episode with Christian Reilly (who produces the MMT podcast)

http://macroncheese.com/the-state-of-mm ... ian-reilly

[admin]

This is Pavlina Tchernerva discussing the job guarantee, Pavlina is probably the best MMT-er on the job guarantee. Sorry the audio and video quality isn't great.



Here is some links to Pavlina's pages on the Job Guarantee..
Main page: https://www.pavlina-tcherneva.net/job-guarantee

FAQ page (this is a good quick reference to the job guarantee - I highly recommend this page): https://www.pavlina-tcherneva.net/job-guarantee-faq

A bit more of a technical plan to implement the Job Guarantee: http://www.levyinstitute.org/publicatio ... ementation

[admin]

A couple of good podcast / mp3 files on MMT, the first is with Cullen Roche who comes from a banking background and he confirms that MMT's claims about how banking works is correct:

https://www.bloomberg.com/news/audio/20 ... cs-podcast

The second is with Fadhel Kaboub, who discusses how MMT applies to less developed economies and countries but this raises a bunch of important points for people to understand about economics with MMT in advanced economies like ours (Australia).

https://www.bloomberg.com/news/audio/20 ... ts-podcast

[admin]

This is a link to Christian Reilly's and Patricia Pino's MMT Podcast series:
https://pileusmmt.libsyn.com/
There's over 30 episodes.

I've only listened to a couple of them but I found these two to be interesting

On the job guarantee:


On MMT and economic issues that would be worth considering for Scotland if it sought independence:

[admin]

This ones not MMT but was still an interesting commentary on economics so I'm including it...

[admin]

This is a cool little animated youtube that sums up Modern Monetary Economics, it jumps pretty quick through things towards the end but otherwise its pretty good.

[admin]

An interview featuring Kathleen Trambley who is a historian by trade. During her studies she came to wonder how the US was able to spend so much on the war and how war bonds worked (see text below) but went a number of years without a satisfactory answer until MMT came along. The interview is split into two parts each about 20 minutes long.


https://citizensmedia.tv/2018/06/30/kathleentrambley/
Kathleen earned a masters degree in history in 2006. During her studies of World War II, she became intrigued with the question of how, in 1940, the United States spent $9 billion on its entire budget. Then, during the war years, spending increased to $98 billion a year — an eleven-times increase. ($9 billion in 1940 is $160 billion today, $98 billion in 1940 is $1.4 trillion today.)

How could the U.S. increase its spending so dramatically back then, but it somehow cannot do so today? In other words, how could the United States “afford” the war eighty years ago, but cannot “afford” the relatively modest programs today that would benefit the powerless (such as Medicare for all, free college, a living wage, and a federal job guarantee)?

[admin]

An interview featuring Kathleen Trambley who is a historian by trade. During her studies she came to wonder how the US was able to spend so much on the war and how war bonds worked (see text below) but went a number of years without a satisfactory answer until MMT came along. The interview is split into two parts each about 20 minutes long.


https://citizensmedia.tv/2018/06/30/kathleentrambley/
Kathleen earned a masters degree in history in 2006. During her studies of World War II, she became intrigued with the question of how, in 1940, the United States spent $9 billion on its entire budget. Then, during the war years, spending increased to $98 billion a year — an eleven-times increase. ($9 billion in 1940 is $160 billion today, $98 billion in 1940 is $1.4 trillion today.)

How could the U.S. increase its spending so dramatically back then, but it somehow cannot do so today? In other words, how could the United States “afford” the war eighty years ago, but cannot “afford” the relatively modest programs today that would benefit the powerless (such as Medicare for all, free college, a living wage, and a federal job guarantee)?

[admin]

[admin]

Short little MMT explainer, only goes two and a half minutes and lacks some technical accuracy that goes with being so short but still conveys a number of key points.

[admin]

[admin]

Stephanie Kelton when she was in Australia

[admin]

[admin]

This is a good podcast, from Adelaide based people, on MMT

https://omny.fm/shows/blind-insights/bl ... uture-spec

a follow up episode by the hosts reflecting on the amazing learnings from the first interview..

https://omny.fm/shows/blind-insights/pu ... and-debrei

[admin]

Is a good little clip talking about the deception of neoliberalism, contains to excellent clips of central bankers admitting they can't run out of money - the greenspan one and another of mario draghi

[admin]

[admin]