What every voter needs to know: Patricia and Christian talk to economist and author of "MMT: A Simple Guide to the Monetary System", Dr Dirk Ehnts about the upcoming UK election and what's missing from media coverage.
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LIVE EVENTS!
- July 15-17 Inaugural UK Modern Monetary Theory Conference (Leeds, UK): https://mmtconference.uk/conference2024/
- August 19th - 23rd Dirk Ehnts' Maastricht University Modern Monetary Theory and European Macroeconomics course (application deadline 19th July): https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics
- August 27-29 MMT Summer school (Poznan, Poland): https://fundacjalipinskiego.pl/wydarzenia/mmt-4th-summer-school-in-poznan/
- August 30 - September 2nd, 4th European MMT Conference (Berlin, Germany) no details published yet, but updates will be here: https://www.mmtconference.eu/
- Updates on worldwide screenings of the documentary "Finding The Money" can be found here: https://findingmoneyfilm.com/where-to-watch/
- To arrange a screening of "Finding The Money", apply here: https://findingmoneyfilm.com/host-a-screening/
STUDY THE ECONOMICS OF SUSTAINABILITY!
- Details of Modern Money Lab's online graduate, postgraduate and standalone courses in economics are here: https://modernmoneylab.org.au/
Relevant to this episode:
- "MMT: A Simple Guide to the Monetary System" by Dirk Ehnts: https://www.amazon.co.uk/Modern-Money-Theory-Professional-Organizations/dp/3031535367/
- For more on how commercial banks fit into the credit creation system, listen to episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 and episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
- For more on the consensus among MMT economists on a permanent Zero Interest Rate Policy (ZIRP) for interbank lending, listen to Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513
- Explainer on how central banks achieve their target interest rate via a "corridor" or "floor" system: https://www.rba.gov.au/education/resources/teacher-updates/bridging-the-textbook-gaps-on-how-the-rba-implements-monetary-policy/?ref=aussienomics.com
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