Resources to leaRN more about MONEY
Books, videos and academic papers |
Debt: The First 5000 Years - David Graeber |
Debt: The First 5,000 Years | David Graeber | Talks at Google (YouTube video) |
Cracking Ancient Codes: Cuneiform Writing - with Irving Finkel. English philologist and Assyriologist Irving Finkel of the British Museum explains the earliest known examples of writing evolved in ancient Mesopotamia from accounting (5:15 to 7:15 minute mark). |
Money for Beginners: An Illustrated Guide - Randy Wray and Heske van Dooren |
The Deficit Myth - Stephanie Kelton - New York Times and Amazon Best Seller! |
The Seven Deadly Innocent Frauds of Economic Policy - Warren Mosler. Mosler is credited with starting Modern Monetary Theory (MMT). (Free e-book download). |
Can Taxes and Bonds Finance Government Spending? - Stephanie Kelton (nee Bell). Kelton's seminal academic paper on MMT. The paper documents much of the 'plumbing' of the USA's monetary system. |
Sectoral Balance charts of nations - Data Bank - Modern Money Lab |
Macroeconomics - Textbook on Modern Monetary Theory - By Bill Mitchell, Randy Wray and Martin Watts |
The Case for a Job Guarantee - Pavlina Tcherneva.
Also lookup MMT co-founder Bill Mitchell's work on his blog (see below) for information on the Job Guarantee. |
Decolonise to Decarbonise - Fadhel Kaboub. Global South related. (YouTube video) |
Mission Economy - Mariana Mazzucato |
The Origins of Money and the Development of the Modern Financial System - L. Randall Wray. In this paper, Wray explores the evidence-based history of the origins of money, banking, and financial institutions - from non-monetary societies through to the present day - contrasting this with mainstream economic's account - typically taught in economics, finance and banking courses - of how these institutions emerged and evolved. |
Introduction to an Alternative History of Money - L. Randall Wray. This paper integrates the various strands of an alternative view on the origins of money and the development of the modern financial system in a manner that is consistent withthe findings of historians and anthropologists. |
The Rise of Money and Class Society: The Contributions of John F. Henry - L. Randall Wray and Alla Semenova. This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels to the case of ancient Egypt. |
Revisiting MMT, Sovereign Currencies and the Eurozone: A Reply to Marc Lavoie by Dirk Ehnts and L Randall Wray. This paper clarifies the principles of Modern Monetary Theory (MMT) as they apply to the European Economic and Monetary Union (EMU) and the Eurozone. It focuses on whether nations using the euro qualify as having sovereign currencies and analyses how MMT principles (such as those detailing central bank operations and national fiscal policy space) work within the European institutional setup. |
The self-financing state: An institutional analysis. This paper is an institutional analysis of government expenditure, revenue collection and debt issuance operations in the United Kingdom. Essentially it documents the 'plumbing' of the UK's monetary system. |
Full feature documentary movie |
Andrew Fanning's research |
The social shortfall and ecological overshoot of nations - Nature Sustainability |
A Good Life For All Within Planetary Boundaries - Leeds University |
MMT RESOURCES
Education |
Modern Monetary Theory: Economics for the 21st Century (Free self-paced online introductory course to Modern Monetary Theory - hosted by Bill Mitchell) |
Torrens University Australia: Graduate programs in Modern Monetary Theory and Ecological Economics
Graduate Studies in the Economics of Sustainability - Graduate Certificate, Graduate Diploma and Master’s Degree in the Economics of Sustainability |
The Job Guarantee - An essential resource for scholars, policymakers, and engaged citizens to learn about and advocate for a Job Guarantee. |
Organisations |
Modern Money Lab Inc (MML) is an Australian-based research institute, which contributes towards the development of new knowledge relating to political economy and political science, particularly relating to the fields of fiscal and monetary policy, international finance, employment policy, climate change policy and ecological and social sustainability.
The MML model is spreading internationally with branches established in the USA and UK with more to come. |
The Gower Initiative for Modern Monetary Studies. An independent, non-profit UK-based organisation - founded by a group of five women with a keen interest in politics and economics, but from a lay perspective rather than an academic one - as part of the growing international movement challenging economic orthodoxy. An excellent website for MMT-related resources, education and media platforms. |
MMTUK Policy Research Group is the UK’s first think tank dedicated to providing policy research and analysis grounded in Modern Monetary Theory (MMT). |
Blogs |
Billy blog - Bill Mitchell |
Professor Bill Mitchell - An Australian Living Legend of Academic Research - The Australian newspaper |
YouTube Channels |
Modern Money Lab - Lectures and interviews with leading MMT and ecological economics economists |
PEGS Institute - Short animated explainer videos on MMT (Australian context) |
Social Media |
Hashtags on Twitter: #MMT #LearnMMT #JobGuarantee |
Tom Foster - LinkedIn | Twitter: @tomfoster66 |
FaceBook Group: Modern Money Theory (MMT) Australia |
Other Educational |
The Smith Family and their Adventures with Money - Manga comic strip to learn about MMT |
Fun with Emojis - Sectoral Balances - James Rosier |