Modern Monetary Theory
Scotland’s Currency Dilemma
Author / Creator: William Thomson
Media type: Article
Date published: 2024
“the economic framework underpinning Scottish independence is dangerously misguided and likely to lead to a worse economic situation than we experience as part of this dysfunctional Union.”
WHERE DOES MONEY COME FROM?
Author / Creator: ANDREW JACKSON
Media type: Report
Date published: 2012
A guide to the UK monetary and banking system
What is Modern Monetary Theory
Author / Creator: Richard Murphy
Media type: Video
Date published: 2022
A description of modern monetary theory.
A Response to John Kay Part 1
Author / Creator: Mammoth Whale
Media type: Blog
Date published: 2021
A critique of John Kay's view of Modern Monetary Theory.
Problems With Modern Monetary Theory: A Comment on Stephanie Kelton's The Deficit Myth
Author / Creator: Robert Wenzel
Media type: Book
Date published: 2020
A brief critique of Stephanie Kelton's book on MMT.
The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy
Author / Creator: Stephanie Kelton
Date published: 2020
'Kelton has succeeded in instigating a round of heretical questioning, essential for a post-Covid-19 world, where the pantheon of economic gods will have to be reconfigured' Guardian'
The self-financing state: An institutional analysis
Author / Creator: Josh Ryan-Collins
Media type: Working Paper
Date published: 2022
"The UK Government creates new money and purchasing power when it undertakes expenditure, rather than spending being financed by taxation from, or debt issuance to, the private sector."
Transition to a Scottish Currency
Author / Creator: Peter Ryan
Media type: Policy Paper
Date published: 2020
The decision on Scottish independence is a decision for the people of Scotland. When making that decision it should be clear which currency an independent Scotland would use. If the people of Scotland vote for an independent Scotland with its own currency, that democratic mandate should be respected.