142 episodes

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

The MMT Podcast with Patricia Pino & Christian Reilly Patricia Pino & Christian Reilly

    • News
    • 4.7 • 71 Ratings

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

    Hannah Appel: Debt Cancellation - The Activist's Toolkit

    Hannah Appel: Debt Cancellation - The Activist's Toolkit

    Patricia and Christian talk to economic anthropologist and co-founder of the Debt Collective, Professor Hannah Appel about the growing movement for debt abolition and where MMT fits in with it.
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
    For more on The Debt Collective: https://debtcollective.org/what-we-do/debt-abolition/#faqs
     
    The Debt Collective on Twitter: https://twitter.com/StrikeDebt
     
    NYT Student Debt Editorial, Annotated by the Debt Collective: https://medium.com/@debtcollective/nyt-student-debt-editorial-annotated-by-the-debt-collective-ccafa6e3a3dc
     
    The Debt Collective - “Cancel Student Debt: The Best Answers To The Toughest Questions”: https://medium.com/@debtcollective/cancel-student-debt-the-best-answers-to-the-toughest-questions-3e4309877db6
     
     
    Hannah Appel - “Debtors Of The World Unite”: https://bostonreview.net/articles/debtors-world-unite/
     
    Attend online events from the Levy Economics Institute summer seminar, June 11–18, 2022 (NB session times are in eastern time): https://www.levyinstitute.org/conferences/summer_sem_public_schedule_6_2.pdf
     
    For more on the Edward Lipiński Foundation’s MMT Summer School in Poznań, Poland (10th - 14th August 2022): https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2022/
     
    Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/
     
     
     
    More on monetary operations:
    Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824
     
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
    Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
     
    Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
    “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/
    Our episodes about “An Accounting Model of the UK Exchequer”:
    Part 1: https://www.patreon.com/posts/46352183
    Part 2: https://www.patreon.com/posts/46865929 
     
    More on inflation:
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
    Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
     
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/67518447
     
    Show notes: https://www.patreon.com/posts/67518491

    • 52 min
    Phil Armstrong: Greece, The Euro & Getting The Money Story Right

    Phil Armstrong: Greece, The Euro & Getting The Money Story Right

    Patricia and Christian talk to economist and author Dr Phil Armstrong about his recent paper, which is a response to a Marxist critique of Modern Monetary Theory with reference to the Eurozone and Greece.
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
    All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846
     
    Stay current with Phil via Twitter: https://twitter.com/PhilArmstrong58
     
    “A modern monetary theory advocate’s response to ‘modern monetary theory on money, sovereignty, and policy: A marxist critique with reference to the Eurozone and Greece’ by Costas Lapavitsas and Nicolás Aguila (2020)” by Phil Armstrong: https://www.tandfonline.com/doi/abs/10.1080/2329194X.2022.2051720
     
    “Time For Informed Change. Post Covid-19 Economics” by Phil Armstrong & Nick Potts: https://gimms.org.uk/2020/08/13/time-for-informed-change-post-covid-19-economics/
     
    Register for events at the Modern Money Network's 4th Annual MMT Conference: https://events.modernmoney.network/category/7/
     
    For more on the MMT Summer School in Poznań, Poland: https://fundacjalipinskiego.pl/wydarzenia/mmt-summer-school-2022/
     
    Episode 72 - Steven Hail: The External Sector: https://www.patreon.com/posts/43043601
     
    Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/
     
    Episode 55 - Dirk Ehnts: A Way Forward For The Eurozone: https://www.patreon.com/posts/38252014 
     
    The Mosler Plan for Greece: http://moslereconomics.com/2011/06/29/the-mosler-plan-for-greece/
     
     
    More on monetary operations:
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
    Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
     
    Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
    “An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/
    Our episodes about “An Accounting Model of the UK Exchequer”:
    Part 1: https://www.patreon.com/posts/46352183
    Part 2: https://www.patreon.com/posts/46865929 
     
    More on inflation:
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
    Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
     
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/66829263
     
    Show notes: https://www.patreon.com/posts/66829431

    • 1 hr 23 min
    Fadhel Kaboub: Free Trade Isn’t Free: Food Sovereignty And Why It Matters

    Fadhel Kaboub: Free Trade Isn’t Free: Food Sovereignty And Why It Matters

    Patricia and Christian talk to economist and President of the Global Institute For Sustainable Prosperity Professor Fadhel Kaboub about how global food and energy systems have been fostered to benefit the global north at the expense of the global south, and how understanding modern money is vital to untangling the mess.
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
    All our episodes with Fadhel Kaboub: https://www.patreon.com/posts/43484621
     
    Stay current with Fadhel via Twitter: https://twitter.com/FadhelKaboub
     
    Episode 12 - Fadhel Kaboub: Monetary Sovereignty, Colonialism and Independence: https://www.patreon.com/posts/41790149
     
    Bill Mitchell - “Zimbabwe for hyperventilators 101”: http://bilbo.economicoutlook.net/blog/?p=3773
     
     
    Register for events at the Modern Money Network's 4th Annual MMT Conference (held online over the next six weekends in April and May): https://events.modernmoney.network/category/7/
     
     
    More on monetary operations:
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
    Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
     
    Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
     
     
    More on inflation:
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
    Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
     
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
    Details for the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/65378023
     
    Show notes: https://www.patreon.com/posts/episode-131-free-65377999

    • 1 hr 9 min
    Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money

    Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money

    Patricia and Christian talk to scholar, researcher, CUNY lecturer and executive director of Public Money Action, Andrés Bernal about his most recent paper “Inflationary Pressures in the Time of Covid-19: MMT as a Theory of Inflation”.
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
     
    Register for events at the Modern Money Network's 4th Annual Conference (to be held online over the next four weekends in April): https://events.modernmoney.network/category/7/
     
    Patricia and Christian will be on this panel “MMT Content Production and Publication”: https://events.modernmoney.network/event/12/
     
    “Inflationary Pressures in the Time of Covid-19: MMT as a Theory of Inflation” by Andrés Bernal: http://www.global-isp.org/wp-content/uploads/WP-132.pdf
     
    Stay current with Andrés via Twitter: https://twitter.com/andresintheory
     
    Stay current with the Money On The Left collective: https://twitter.com/moneyontheleft
     
    The Debt Collective: https://twitter.com/StrikeDebt
     
    Interview with Braxton Brewington of The Debt Collective on student loan cancellation: https://fair.org/home/braxton-brewington-on-student-loan-debt-andy-marra-on-trans-youth-rights/
     
     
    Warren Mosler / Robert Murphy debate: https://youtu.be/cUTLCDBONok
     
    An overview of chartalism: https://en.wikipedia.org/wiki/Chartalism
     
     
    For more on banking operations:
     
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
    Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
     
    Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
     
    Our Job Guarantee episodes:
    Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701
     
    Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543
     
     
    More on inflation:
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
    Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
    More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/64711994
     
    Show notes: https://www.patreon.com/posts/64711495

    • 1 hr 8 min
    MMT Lens On The Chancellor's Spring Statement

    MMT Lens On The Chancellor's Spring Statement

    Patricia and Christian talk about what’s likely to be missing from Chancellor Rishi Sunak’s spring statement.
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
    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
     
    Our Job Guarantee episodes:
    Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701
     
    Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543
     
     
    More on inflation:
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
    Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
    More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/64142931
     
    Show notes: https://www.patreon.com/posts/64142978

    • 41 min
    L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?

    L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?

    Patricia and Christian talk to MMT economists L. Randall Wray and Yeva Nersisyan about their most recent paper, “What’s Causing Accelerating Inflation? Pandemic Or Policy Response?”
     
    Please help sustain this podcast!
    Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
     
    For an intro to MMT:
    Listen to our first three episodes: https://www.patreon.com/posts/41742417
     
    All our episodes in chronological order: https://www.patreon.com/posts/43111643
     
    All our episodes with L. Randall Wray: https://www.patreon.com/posts/44467066
     
    “What’s Causing Accelerating Inflation: Pandemic or Policy Response?”
    by Yeva Nersisyan & L. Randall Wray: https://www.levyinstitute.org/publications/whats-causing-accelerating-inflation-pandemic-or-policy-response
     
    “Still Flying Blind After All These Years: The Federal Reserve’s Continuing Experiments With Unobservables” by Dimitri B. Papadimitriou & L. Randall Wray: https://www.levyinstitute.org/pubs/ppb_156.pdf
     
    “How to Pay for the Green New Deal” by Yeva Nersisyan & L. Randall Wray: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=339898
     
     
    Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
     
     
    Our Job Guarantee episodes:
    Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701
     
    Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543
     
     
    More on inflation:
     
    Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
    Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
    Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
     
    A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
     
    More on the Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022
     
    We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
     
    Transcript for opening monologue: https://www.patreon.com/posts/63776575
     
    Show notes: https://www.patreon.com/posts/63776558

    • 1 hr 9 min

Customer Reviews

4.7 out of 5
71 Ratings

71 Ratings

seanzy5431 ,

Documentary is necessary

I love what you’re doing, everything this podcast does for and with the MMT community is wonderful. That being said enough is enough, WE NEED a documentary. People watch things in todays world, MMT theorists need to put out multiple docs NOW!!! I have been listening to this podcast since its beginning and have branched off to do my own studying as well. All my studying doesn’t help convince those that have been brainwashed into believing that conventional or classical economics, I am no expert and certainly wont be believed like an expert will. Not everyone listens to podcasts and barely anyone reads...However people watch movies/documentaries nonstop. You want to reach the vast majority of people like I want you to reach the vast majority of people. Just ask Marshall McLuhan we live in a world full of hot media and its getting hotter!!! Again I love what you’re doing, now do what is necessary for the message to be heard. I realize finding the money is coming out, but we need more and we needed it last year, LETS GO!!!!

ToChorse ,

Entertaining

Amusing, entertaining and informative, very well done Patrica and Christian

aliteralmind ,

A wonderful podcast for basic understanding

For those wanting to learn MMT, and choose to listen over read, there is no better place to start than this.

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