Dirk Ehnts: The public debt is what we own, not what we owe

The MMT Podcast with Patricia Pino & Christian Reilly

Patricia 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/posts/43111643

All our patron-only episodes: https://www.patreon.com/posts/57542767

LIVE EVENTS!

  • June 17-21 Bard College Sumer Workshop in Public Finance and Economic Policy (online) applications close 30th April: https://edi.bard.edu/programs/osun-summer-workshop/
  • July 15-17 Inaugural UK Modern Monetary Theory Conference (Leeds, UK): https://gimms.org.uk/2024/03/04/final-call-for-papers-uk-mmt-conference-deadline-extended/
  • August 19th - 23rd Dirk Ehnts’ Maastricht University Modern Monetary Theory and European Macroeconomics course: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics
  • August  27-29 MMT Summer school (Poznan, Poland) - no details published yet, but updates will be here: https://fundacjalipinskiego.pl/
  • August  30 - September 2nd, 4th European MMT Conference (Berlin, Germany) no details published yet, but updates will be here: https://www.pufendorf-gesellschaft.org/
  • 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 short, standalone courses in economics: https://modernmoneylab.org.au/

Relevant to this episode:

  • “Modern Money Theory: A Simple Guide to the Monetary System (Professional Practice in Governance and Public Organizations)” by Dirk Ehnts (Released 5th May 2024): https://www.amazon.co.uk/Modern-Money-Theory-Professional-Organizations/dp/3031535367/
  • “Revisiting MMT, Sovereign Currencies and the Eurozone: A Reply to Marc Lavoie” by Dirk Ehnts & L. Randall Wray: https://www.tandfonline.com/doi/full/10.1080/09538259.2023.2298448

For an intro to MMT:

  • Our first three episodes: https://www.patreon.com/posts/41742417
  • Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318

Quick MMT reads:

  • Warren’s Mosler’s MMT white paper: http://moslereconomics.com/mmt-white-paper/
  • Steven Hail’s quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095
  • Quick explanation of

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