The MMT Podcast offers economic analysis on current issues from a Modern Monetary Theory perspective. Aimed at anyone who has ever felt lost in the jargon used by mainstream economics commentators. We believe economics is for everyone. You can help sustain this podcast via Patreon: https://www.patreon.com/MMTpodcast
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Welcome to Activist #MMT. A podcast about real-world economics including Modern Money Theory, and how life changes when you discover it.
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John Harvey reading Contending Perspectives: Chapter 9: Feminist economics [EDITED]
36:30
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36:30John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this…
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#197 The Problem With Wealth Taxes with Steven Hail (part 2)
1:10:15
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1:10:15Part 2: Patricia and Christian continue their conversation with economist, author, and founder of Modern Money Lab Professor Professor Steven Hail about the well-intentioned (taxing the rich is good!) but counter-productive call for a wealth tax to “fund” life-saving support for vulnerable people (needlessly waiting for the rich to cough up while p…
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#196 The Problem With Wealth Taxes with Steven Hail (part 1)
1:02:04
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1:02:04Part 1: Patricia and Christian talk with economist, author, and founder of Modern Money Lab Professor Steven Hail about the well-intentioned but counter-productive call for a wealth tax to “fund” vital support for vulnerable people. Full conversation here: https://www.patreon.com/posts/126627127 Please help sustain this podcast! Patrons get early a…
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John Harvey reading Contending Perspectives: Chapter 8: New Institutionalism [EDITED]
20:46
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20:46John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this…
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#195 Capitalists Hate Capitalism with Cory Doctorow
1:19:01
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1:19:01Patricia and Christian talk with author and activist Cory Doctorow about capitalism, culture and… [checks notes] marshmallows! Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our…
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#194 The Appallingly Bad Economics Of Elon Musk with Dr Dirk Ehnts
1:28:02
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1:28:02Patricia and Christian talk with economist and author Dr Dirk Ehnts about Elon Musk’s nonsensical ideas about how the money system works. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111…
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John Harvey reading Contending Perspectives: Chapter 7: Institutionalism [EDITED]
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32:45John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this…
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#193 The Fauxbel Prize: Top Lies In Economics 2024 with Dr Phil Armstrong (part 2)
54:52
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54:52Part 2: Patricia and Christian continue their conversation with economist and author Dr Phil Armstrong about the least useful pieces of economic coverage from 2024. This episode: 7) “Markets are natural!” 8) “Banks create all the money!” 9) Labour’s Fiscal rule 10) “The government is helpless!” Full conversation here: https://www.patreon.com/posts/…
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John Harvey reading Contending Perspectives: Chapter 6: Post-Keynesian economics [EDITED]
54:46
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54:46John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this…
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#192 The Fauxbel Prize: Top Lies In Economics 2024 with Dr Phil Armstrong (part 1)
57:40
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57:40Patricia and Christian talk with economist and author Dr Phil Armstrong about the least useful pieces of economic coverage from 2024. This episode: “The fiscal black hole!” “Taxpayer money!” “Government ‘borrowing!’” “Bond vigilantes!” More to follow in part 2. Full episode here: https://www.patreon.com/posts/patron-only-top-119833826 Please help s…
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Ep154[2/2]: Dirk Ehnts: MMT makes "I can't" (provide healthcare) impossible. Also: Who gets to decide value?
1:08:00
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1:08:00Welcome to episode 154 of Activist #MMT. Today's part two with German MMT economist Dirk Ehnts. (Here's a link to part one.) Above is the episode in audio form. Below is the episode in video form: In addition to talking about Dirk's books, we discuss two major concepts. First is the idea that a major characteristic of human beings is they really do…
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Ep153: Dirk Ehnts: Imposing individualism (part 1 of 2)
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52:17Welcome to episode 153 of Activist #MMT. Today I talk with German MMT economist Dirk Ehnts. He discusses his books, and the courses he teaches, including one called "Equity, Equality, and Employment" at Torrens University. (This is part one of a two part episode. Here's a link to PART TWO.) Above is the episode in audio form. Below is the episode i…
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John Harvey reading Contending Perspectives: Chapter 5: Austrian economics [EDITED]
25:53
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25:53John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc. Sections in this…
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#191 Steven Hail: What is Rachel Reeves thinking?
1:23:49
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1:23:49Patricia and Christian talk to economist and author Professor Steven Hail about how Chancellor Rachel Reeves’ views on government spending have changed since 2010. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://w…
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John Harvey reading Contending Perspectives: Chapter 4: Marxism [EDITED]
37:54
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37:54John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate mistakes, coughs, interruptions, and etc.…
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#190 Sam Levey: Monetary operations Q&A (part 2)
55:27
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55:27Part 2: Dr Sam Levey answers listener questions about the mechanics of the monetary system. Full conversation available here: https://www.patreon.com/posts/patron-only-sam-105296626 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronologica…
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John Harvey reading Contending Perspectives: Chapter 3: Neoclassical Economics [EDITED]
57:58
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57:58John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate obvious mistakes, coughs, interruptions, and etc.…
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John Harvey's Contending Perspectives: Chapter 2: Economics as a scientific discipline [EDITED]
1:15:34
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1:15:34John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. I have edited both the video and audio to eliminate obvious mistakes, coughs, interruptions, and etc. Audio ch…
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#189 Sam Levey: Monetary operations Q&A (part 1)
56:07
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56:07Part 1: Dr Sam Levey answers listener questions about the mechanics of the monetary system. Full conversation available here: https://www.patreon.com/posts/patron-only-sam-105296626 Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronologica…
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Episode 152[2/2]: Five Torrens graduate students discuss the job guarantee
54:14
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54:14Welcome to episode 152 of Activist #MMT. Today's part two of my conversation with five of my Torrens classmates, this time about the job guarantee, from a now-much more educated point of view, given our experience at Torrens. We are also joined by John's wife, Martha, who is highly educated on topics related to the job guarantee. (Here's a link to …
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#188 Election special with Dirk Ehnts
1:21:19
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1:21:19What 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. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodc…
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#187 Phil Armstrong: MMT & Austrian Economics (part 2)
1:05:59
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1:05:59Part 2: Christian talks to Dr Phil Armstrong about his recent paper: “History and origin of money in MMT and Austrian Economics: The difference methodology makes?” Part 1: https://www.patreon.com/posts/102761654?pr=true Full conversation available here: https://www.patreon.com/posts/95846517?pr=true Please help sustain this podcast! Patrons get ear…
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Episode 151[1/2]: Five Torrens graduate students reminisce about the first year.
1:03:21
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1:03:21Welcome to episode 151 of Activist #MMT. Today I talk with five of my Torrens classmates about our first year in the new graduate program – its importance, some fond memories, and a few improvements we hope to see. In part two we discuss the job guarantee from a now-much more educated point of view. (Here's a link to part 2. A list of the audio cha…
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[Mostly-not MMT] 2019 interview: Keith Errol Benson: The black experience *is* the American experience.
1:05:11
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1:05:11THIS IS A BACKUP OF A GREAT INTERVIEW I DID IN 2019. IT TOUCHES ON MMT, BUT IS MOSTLY NON-MMT. --- A fascinating and insightful conversation on black history, music, religion, politics, economics, and more. More here: https://citizensmedia.tv/2019/07/07/kem/
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Ep150: Maren Poitras, creator and director of Finding the Money
1:09:39
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1:09:39Welcome to episode 150 of Activist #MMT. Today I talk with Maren Poitras, the creator and director of the MMT documentary, Finding the Money. I had the pleasure of seeing this film on October 1st, 2023, in New York City, with my Torrens professor Steven Hail, Torrens administrator Gabie Bond, and Torrens classmate Susan Borden. After the film, we a…
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#186 Phil Armstrong: MMT & Austrian Economics (part 1)
1:00:26
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1:00:26Part 1: Christian talks to Dr Phil Armstrong about his recent paper: “History and origin of money in MMT and Austrian Economics: The difference methodology makes?” Full conversation available here: https://www.patreon.com/posts/95846517?pr=true Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: http…
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Episode 150 (preview): Maren Poitras: How can YOU help Finding the Money be seen by others?
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4:08Here's a preview of my soon-to-be-released interview with Finding the Money director, Maren Poitras. It's a four-minute segment where Maren describes what YOU can do to help Finding the Money be seen by others. The big launch is less than three weeks away. This means the most important thing is to get people to buy tickets for screenings. The docum…
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#185 Dirk Ehnts: The public debt is what we own, not what we owe
1:02:08
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1:02:08Patricia and Christian talk to Dr Dirk Ehnts about the origins and nature of money, and what it means for tackling our various planetary emergencies. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com…
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Episode 148[1/2]: Steve Keen: MMT says government spending creates money. It's correct.
38:46
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38:46Welcome to episode 148 of Activist #MMT. Today I talk with post-Keynesian economist Steve Keen about his decades-long fight against mainstream economics, what MMT convinced him of, and the couple parts of MMT he still disagrees with. This first part is a half-hour long audio interview, which will be followed next month by an hour-and-a-half-long vi…
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#184 Steven Hail: What if people aren’t utility-maximising omniscient supercomputers?
1:36:22
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1:36:22STOP PRESS! FOR OUR AUSTRALIAN PALS - THE “FINDING THE MONEY” FILM TOUR STARTS THIS WEEK - AS IN 27TH OF FEBRUARY! MORE DETAILS HERE: https://modernmoneylab.org.au/events/film-tour/ Patricia and Christian talk to Professor Steven Hail about behavioural economics as a vital corrective to the unreal assumptions in mainstream models. Just as MMT model…
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#183 Mark Diesendorf: The Path To An Ecologically Just Civilisation
1:13:47
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1:13:47Christian talks to Mark Diesendorf, a physicist and professor in the Environment & Society Group at the University of New South Wales, about the economics underpinning his latest book, “The Path To An Ecologically Just Civilisation”. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.pat…
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#182 Warren Mosler & Cory Doctorow In Conversation
1:14:22
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1:14:22Christian talks to author Cory Doctorow and MMT founder Warren Mosler about Cory’s latest book “The Lost Cause” (set in a post-Green New Deal future), framing the MMT Job Guarantee, and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in ch…
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#181 Erik Dean: What’s Standing Between Us And A 15-Hour Work Week?
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49:36Patricia and Christian talk to economist, author and Modern Money Lab instructor Dr Erik Dean about the history of Keynesianism, BS jobs, and Keynes’ “Economic Possibilities For Our Grandchildren”. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes…
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John Harvey's Contending Perspectives: Chapter 1: Introduction [EDITED]
20:04
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20:04John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. Note the original video is unedited, but the audio has been edited to eliminate obvious mistakes, coughs, inte…
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#180 John T. Harvey: MMT, The UK, and Pound Sterling
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1:04:08To commemorate the anniversary of Trussonomic Mini-budgeting, Christian talks to Professor John T. Harvey about what determines currency prices and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon…
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John Harvey's Contending Perspectives: Chapter 00: Before we begin [EDITED]
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16:34John Harvey reads the next chapter of his book, Contending Perspectives. Here's the original video from where this audio came. Here's a list of links to John reading every chapter (released so far) in his 2021 book Contending Perspectives. Note the original video is unedited, but the audio has been edited to eliminate obvious mistakes, coughs, inte…
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Episode 147[2/2]: Brian Romanchuk: The secondary market through the eyes of a bond analyst
1:15:52
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1:15:52Welcome to episode 147 of Activist #MMT. Today's the second in my two-part conversation with author, mathematician, and bond analyst Brian Romanchuk (Twitter/RomanchukBrian), on the basics of the secondary market and how it relates to the primary market. Today in part two, Brian continues describing the participants in the secondary market, why the…
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Episode 146[1/2]: Brian Romanchuk: The secondary market through the eyes of a bond analyst
1:07:01
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1:07:01Welcome to episode 146 of Activist #MMT. Today I talk with author, mathematician, and bond analyst Brian Romanchuk, on the basics of the secondary market and how it relates to the primary market. Brian starts with a brief tutorial of how bonds are priced, which is seen very differently from the points of view of the primary and secondary markets. F…
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#178 Building An Economy For The People - Unpacking The Deficit Myth Part 7
1:08:08
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1:08:08Patricia & Christian conclude their conversation about Stephanie Kelton’s best-seller The Deficit Myth. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our patron-only episodes: …
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#177 L. Randall Wray: Money For Beginners - A Politician’s Guide
1:13:35
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1:13:35As opposition politicians lecture their constituents about not loving growth enough, and vow to keep children in poverty to achieve it, Patricia & Christian talk to award-winning economist and author of “Money For Beginners - An Illustrated Guide” Professor L. Randall Wray about how governments spend and the legacy of 40 years of ignoring it. Pleas…
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#176 Dirk Ehnts: Ending The Polycrisis
1:12:21
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1:12:21Patricia & Christian talk to economist, author and one of the organisers of the 2023 European MMT conference (September 9th & 10th, details below) Dr Dirk Ehnts about Bidenomics, Britain’s bankrupt water utilities, and how understanding the plumbing of modern money is vital to bringing about a just and green energy transition in the face of multipl…
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#175 Yan Liang: China, Trade & Reforming The System
1:16:33
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1:16:33Patricia & Christian talk to Kremer Endowed Chair of Economics at Willamette University, Professor Yan Liang about China’s economy, international trade, sovereign wealth funds, de-dollarisation, and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our e…
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Episode 145 [3/3]: Emily Ruhl: Religiously-defensible, divinely-supported genocide
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58:50Welcome to episode 142 of Activist #MMT. Today's the final part of my three-part conversation with Emily Ruhl, on his 2008 paper, Religiously-defensible, divinely-supported genocide. Today we discuss principles seven to ten. My full and detailed question and summary list can be found in the show notes to part one. Also, be sure to see the list "aud…
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#174 Phil Armstrong: Taking A Mallet To Monetarists
1:23:59
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1:23:59As the Bank of England plays one-club golf with interest rates, (using the wrong end of the golf club while dressed in scuba gear) Patricia & Christian talk to economist and author of “Can Heterodox Economics Make A Difference?” Dr Phil Armstrong about changing the game. Please help sustain this podcast! Patrons get early access to all episodes and…
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#173 Warren Mosler: The Financial Sector - A Cost-Benefit Analysis
1:11:59
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1:11:59Patricia & Christian talk to MMT founder Warren Mosler about bond markets, Beyoncéflation and degrowing the financial sector. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our …
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#172 Steven Hail: Bond Vigilantes! Inflation! The National Debt! The Excuseonomics Killing The Planet
1:10:57
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1:10:57Patricia & Christian talk to economist and founder of the ground-breaking Modern Money Lab project Professor Steven Hail about the urgency of a swift and just transition to a sustainable economy and examine some of the excuses politicians selectively employ to avoid policymaking as if people and the planet matter. Please help sustain this podcast! …
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#171 Pavlina Tcherneva: Three Lessons From Government Spending And The Post-Pandemic Recovery
1:05:54
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1:05:54Patricia & Christian talk to economist and author of “The Case For A Job Guarantee” Professor Pavlina Tcherneva about her chapter in the recently-published “MMT: Key Insights, Leading Thinkers”. Three Lessons From Government Spending And The Post-Pandemic Recovery: (1) The funding is always there. (2) Unemployment is a policy choice. (3) Large gove…
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Episode 144 [2/3]: Emily Ruhl: Religiously-defensible, divinely-supported genocide
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56:09Welcome to episode 144 of Activist #MMT. Today's part two of a three-part conversation with historian, author, and Harvard master's graduate, Emily Ruhl, on her new paper and master's thesis, In League with the Devine: How Religion Influenced Nazi Perpetrators of the Holocaust. You will find my detailed question list at the bottom of the show notes…
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#170 Cory Doctorow: Shakedowns, Shell Games & Other Silicon Valley Shenanigans
1:02:15
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1:02:15Patricia & Christian talk to acclaimed author and activist Cory Doctorow, about his new crypto heist thriller “Red Team Blues”, and the real-world money mechanics and shady shenanigans that inform the story. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Order …
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#169 Daniel Kostzer: Building A Job Guarantee In Practice
1:26:55
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1:26:55Patricia & Christian talk to Daniel Kostzer, chief economist at the International Trade Union Confederation and contributor to “Modern Monetary Theory: Key Insights, Leading thinkers” about his chapter, which revisits Argentina’s 2002 Jefes de Hogar employment guarantee programme, and details considerations to be weighed in the implementation of an…
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