Bill Mitchell @billy_blog
Economics Professor, Musician, billy blogger ... MMT is not something you do, it is something that is! Migrated to @[email protected] - please follow billmitchell.org Newcastle, Australia Joined November 2009-
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Wednesday's blog post (01/05) is now posted (12:45 EAT) - The yen, podcast, and book announcement - all on International Workers' Day - billmitchell.org/blog/?p=61714
Monday's blog post (29/04) is now posted (16:17 EAT) - Japan's municipalities disappearing as population shrinks - billmitchell.org/blog/?p=61706
Thanks to Briahna for a really interesting exchange.
Thanks to Briahna for a really interesting exchange.
Thursday's blog post (25/04) is now posted (16:29 EAT) - Australia's inflation rate continues to fall yet some bank economists think further interest rate rises are possible - billmitchell.org/blog/?p=61693
Wednesday's blog post (24/04) is now posted (12:01 EAST) - IMF now claiming that Japan has to inflict austerity when the government's current policy settings a maintaining stability - billmitchell.org/blog/?p=61692
Thursday's blog post (18/04) is now posted (12:52 EAT) - Signs of weakening in the Australian labour market - billmitchell.org/blog/?p=61680
Wednesday's blog post (17/04) is now posted (16:53 EAT) - Why is Brussels supporting Ukraine? - billmitchell.org/blog/?p=61677
Monday's blog post (15/04) is now posted (12:08 EAT) - The IMF has outlived its usefulness - by about 50 years - billmitchell.org/blog/?p=61673
Thursday's blog post (11/04) is now posted (12:26 EAST) - Book review: Fiat Socialism by Carlos García Hernández - billmitchell.org/blog/?p=61671
Wednesday's blog post (10/04) is now posted (16:51 EAST) - Latest European Union rules provide no serious reform or increased capacity to meet the actual challenges ahead - billmitchell.org/blog/?p=61666
Monday's blog post (08/04) is now posted (17:01 EAT) - From the archives - my early statements on the need for degrowth and the resistance they received from progressives - billmitchell.org/blog/?p=61664
Thursday's blog post (04/04) is now posted (13:00 EAST) - What is responsible government spending? - billmitchell.org/blog/?p=61663
Wednesday's blog post (03/04) is now posted (16:08 EAST) - Millions of simulations show that media companies have too much time on their hands - billmitchell.org/blog/?p=61662
Thursday's blog post (28/03) is now posted (16:13 EAST) - Rinse and repeat - Truss chaos - the new benchmark - billmitchell.org/blog/?p=61659
Wednesday's blog post (27/03) is now posted (14:09 EAT) - Inflation excluding volatile items is now falling back to around 2 per cent in Australia – despite the efforts of the RBA - billmitchell.org/blog/?p=61654
Monday's blog post (25/03) is now posted (12:15 EAST) - Growing evidence that Covid has incapacitated a huge number of workers with little policy response forthcoming - billmitchell.org/blog/?p=61652
Thursday's blog post (21/03) is now posted (12:53 EAST) - Australian labour market - unemployment drops sharply - good news - billmitchell.org/blog/?p=61641
Wednesday's blog post (20/03) is now posted (13:31 EAST) - Bank of Japan's rate rise is not a sign of a radical policy shift - billmitchell.org/blog/?p=61638
Monday's blog post (18/03) is now posted (16:37 EAST) - Claims that mainstream economics is changing radically are far-fetched - billmitchell.org/blog/?p=61636
Thursday's blog post (14/03) is now posted (15:53 EAST) - Keynes was wrong because he failed to consider class conflict - billmitchell.org/blog/?p=61635
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27K Followers 11K Following Aussie in Oregon. Ass't Law Prof. @WillametteLaw. Also @TheMMTNetwork; @FreedomBoxFndn.Dr. Steve Keen @ProfSteveKeen
105K Followers 1K Following Help me build a new economics by supporting me on either Patreon or Substack. Debunking Economics, Minsky.Mike Norman @mikenorman
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3K Followers 784 Following Economics as if facts mattered. The sun doesn't orbit the earth, the earth isn't flat, taxes & borrowing don't fund gov spending. Reposts≠endorsementsThomas Fazi @battleforeurope
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4K Followers 2K Following Assistant Professor at Illinois College. MMT and heterodox macro & political economy. Mobilization economics. Mastodon: @[email protected]あさせ @hidari__kiki
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625 Followers 832 Following Following the Kings will in the Queen City. F3 - Fletch Founder of @cltjustice Opinions here are my ownMi Monterrey @MiMonterreyNL
2 Followers 112 FollowingTom MF🔻 @tommagicfeet
219 Followers 587 Following Socialist/crank. Anti-war. Anti-dog. GC. Gooner. Grumpy old man.Kenneth Burchell @paineite1
180 Followers 196 Following Historian/author/editor/lecturer. History of transatlantic democratic reform - Thomas Paine and his cohort. Blogs at https://t.co/Ry7Zh8hHLDnot macgyver @gniadball
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874 Followers 4K Following just listening. We're gonna disagree and that's ok. Biocentric. w/ the people on the ground. courage is contagious. South TexasMasaru Aoki @masaru0505
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538 Followers 331 Following Time to close down on Twitter... Moving to both https://t.co/TVXuiEwXb5 and mastodon under the same name.Warren B. Mosler @wbmosler
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2K Followers 1K Following Sydney-sider, working through the issues of the day, committed to nonsense-making.The GIMMS team are delighted to announce our first event of 2024. Professor Bill Mitchell @billy_blog will be in the U.K. on Friday 26th January at the Unite Building, London. 1-5pm Tickets are free and can be reserved via our Eventbrite. eventbrite.co.uk/e/gimms-event-…
Is China exporting disinflation? “The costs and, critically … the profit margins that emerge later in the supply chain [at home] will limit the power of China’s export price deflation to influence consumer prices in developed economies.” @PDonovan_econ ft.com/content/ce9e81…
Gurner Group founder Tim Gurner tells the Financial Review Property Summit workers have become "arrogant" since COVID and "We've got to kill that attitude." afr.com/politics/feder…
OK, now stray frustrations w/ the essay. See link for my critique of 'eco-footprints' as an abstract indicator of (individualized) impacts. The crisis is not about scaling down some 'footprints'/raising others. It's about transforming infrastructure. 16/x catalyst-journal.com/2019/07/ecolog…
@Rasmus_Mols Imagine what it would take to give the *entire planet* public housing, public transit, reliable electricity & modern water/sewage services. Now imagine trying to achieve this while also *shrinking* aggregate production. Seems impossible to me.
Tuesday's blog post (04/01) is now posted (13:16 EAST) - The Japanese denial story - Part 2 - bilbo.economicoutlook.net/blog/?p=48956
Not long, Dees fans. 🙌 We can't wait to welcome you back to the 'G this weekend! Attending games will be different this year + it's important you're across the changes. All the key info 👉 mfcde.es/3bIg6dM Got a question? Tweet us. 💬
Never forget the role played by prominent neoliberal economists in decimating many developing economies, despite what they say today.
in a personal affront to many Eastern Europeans, Jefrey Sachs's wikipedia page has somehow erased his dubious role as Shock Therapist in Chief in Russia and elsewhere after the fall of communism. en.wikipedia.org/wiki/Jeffrey_S…
A large majority of Germans support "EU financial aid to hard-hit countries like 🇮🇹 and 🇪🇸" across all parties except the AfD. Of course this says nothing about precise form of solidarity - but it shows that the Germans support not leaving 🇪🇺 partners alone in this crisis.
This ruling is that it was the PM's advice to the Queen on prorogation is unlawful. That does not (yet) change the prorogation itself. Though of course will add to pressure Supreme Court on all this is next Tuesday.
An *actual* narrative on Fox News right now is that @AOC has a "no child policy" and wants to "get rid of children." The playbook: 1) Lie about something she says 2) make it into something "extreme" or 'radical' 3) repeat the lie over and over
As I've written many times, a well-interpreted SGP would have the EC tell governments with output gaps to expand fiscal deficits. No need to wait for Germany. Surprising that critics from the left buy into the "fiscal space" construct. x.com/musso___/statu…
@ylesevsakul @RodinRoom @battleforeurope @AndrewWattEU @TriderG8 @Europeripheral @billy_blog @JosephEStiglitz @MESandbu @M_C_Klein Fine for this Oct2016 @MESandbu , in your article as well as in this 2nd one. But he failed to answer the question: what if States with fiscal space refuse to spend ? Oct2016 was well before SPD historical defeat: day of reckoning has now come. ft.com/content/40fa0b…
@arjun_jayadev By the way @billy_blog has been featured on INET like yourself - youtube.com/watch?v=YnyDRw…
Bill Mitchell does public good! Presentation at University of Victoria, Wellington, July 28, 2017 @billy_blog bilbo.economicoutlook.net/blog/?p=36553
Currency-issuing governments can keystroke their outstanding debt into oblivion: @billy_blog bit.ly/2dTtFMs
Save the date! The National Sports Museum is open all summer, with extra activities taking place from Jan 18-24: bit.ly/1iYtpHP.
Bill Mitchell: Demystifying Modern Monetary Theory ow.ly/Gvmyu #NewEconomicThinking @billy_blog @Mauerback
Tag your most exotic travel food pic #gosnaphappy by 9am 27/09 to be in to win a $500 Visa Prepaid card! Ts&Cs: ow.ly/oPGGl