#191 Steven Hail: What is Rachel Reeves thinking?

Patricia and Christian talk to economist and author Professor Steven Hail about how Chancellor Rachel Reeves’ views on government spending have changed since 2010.

 

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• “Finding The Money”, a documentary by Maren Poitras featuring Stephanie Kelton is now available worldwide to rent or buy: https://findingthemoney.vhx.tv/products/finding-the-money
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Relevant to this episode:

• “The politics of the deficit” by Rachel Reeves: https://renewal.org.uk/wp-content/uploads/2020/09/renewal_autumn_2010_reeves_deficit-1.pdf 
• “Think About Minsky for a Moment” by Stephanie Kelton: https://stephaniekelton.substack.com/p/think-about-minsky-for-a-moment
• “This budget, amid talk of deficits, consider the lessons we ought to have learned” by Steven Hail https://theconversation.com/this-budget-amid-talk-of-deficits-consider-the-lessons-we-ought-to-have-learned-179310 
• Modern Money Lab YouTube Channel: https://www.youtube.com/@modernmoneylab5119
• Episode 30 - Steven Hail: Understanding Government Bonds (Part 1) :https://www.patreon.com/posts/29621245
• Episode 31 - Steven Hail: Understanding Government Bonds (Part 2):  https://www.patreon.com/posts/29829500
• “Federal Debt and Modern Money” by Steven Hail & David Joy: https://www.global-isp.org/wp-content/uploads/PN-121.pdf
• For more on sectoral balances - “Why Are Democrats Bragging About Plunging the Private Sector into Deficit?” by Stephanie Kelton: https://stephaniekelton.substack.com/p/why-are-democrats-bragging-about?utm_source=publication-search 
• For more on the MMT Job Guarantee, read Pavlina Tcherneva’s Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/

 

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