Tags » Mmt

"What motivates people and leads them to high endeavor is not fear but hope"

I really like this blog from today by Bill Mitchell about what he calls the ‘unemployment industry’ and what we would call welfare to work. Talking about Australia, he says this industry’s productivity is practically zero. 669 more words


Like Doctors, our Drivers too matter and Deserve Better

I have just read the harrowing story of Dr. Stella Adedevoh who died of the Ebola virus at an isolated unit in Lagos. Her death brings to the fore the recent calls by sections of doctors in Ghana for insurance packages to compensate for the potential risk associated with the resuscitation of Ebola victims. 1,276 more words

Taxing consumers reduces growth - still!

So, the Japanese prime minister Abe proposed a bastard-Keynesian program for getting Japan out of its stagflation, nick-named Abenomics. But because he still effectively thinks neo-liberally, the program included a… 208 more words

Economic Policy

"The beauty of public employment schemes"

More great blogging from Bill Mitchell today over at Billy blog. Bill somehow manages to produce 2,000+ words of daily economic analysis, and I often reblog parts of his posts for those without the time to read the whole thing. 530 more words


Exmoor Pony exhibit at Minehead's Old VIC

If you’re in the area this week (until the 10th), why not pop in to see a special Exmoor Pony exhibition by the Moorland Mousie Trust at at Minehead’s Old VIC, at the Seafront, Warren Road, Minehead? 75 more words

Exmoor Pony Festival

Government debt is not a burden on future generations

The Guardian have an article today about an index that purports to measure intergenerational fairness:

“Young people face a steeper climb to achieve the lifestyle of today’s baby boomer generation, according to an index measuring intergenerational fairness which recorded a rise from last year.

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George Osborne's false choice between spending on social security and spending on infrastructure

From the Telegraph:

“Britain’s welfare budget should be used to fund new transport links in the north which will bring a “real economic return” rather than “trapping people in poverty”, the Chancellor has said.” 392 more words