Modern Money Lab
@modernmoneylab.bsky.social
Economics for a new era
It is always good to chat with Patricia Pino, perhaps the leading UK-based MMT economist, and Christian Reilly, who has been a Modern Money Lab graduate student.
youtu.be/kppDNqpUrV0?...
youtu.be/kppDNqpUrV0?...
#204 A Government Budget Is Nothing Like A Household Budget. So What IS It Like? with Steven Hail
YouTube video by MMT Podcast with Patricia Pino & Christian Reilly
youtu.be
December 21, 2025 at 3:21 AM
It is always good to chat with Patricia Pino, perhaps the leading UK-based MMT economist, and Christian Reilly, who has been a Modern Money Lab graduate student.
youtu.be/kppDNqpUrV0?...
youtu.be/kppDNqpUrV0?...
More excellent stuff from Modern Money Lab MML - Economics for Sustainable Prosperity/Torrens University Australia Masters student Darren Quinn.
The Right Math for the Real World: Why Rigour Demands Realism
open.substack.com/pub/darrenqu...
The Right Math for the Real World: Why Rigour Demands Realism
open.substack.com/pub/darrenqu...
The Right Math for the Real World: Why Rigour Demands Realism
Economics isn’t just numbers—it’s a struggle over meaning and power. Every model is a moral choice, and the only real question is: Does our math still describe the world we live in?
open.substack.com
December 21, 2025 at 1:16 AM
More excellent stuff from Modern Money Lab MML - Economics for Sustainable Prosperity/Torrens University Australia Masters student Darren Quinn.
The Right Math for the Real World: Why Rigour Demands Realism
open.substack.com/pub/darrenqu...
The Right Math for the Real World: Why Rigour Demands Realism
open.substack.com/pub/darrenqu...
Great to see that our Adjunct Professor (and supportive friend) Fadhel Kaboub has been (most deservedly) listed by the New African Magazine as one of the 100 Most Influential Africans in 2025 under the Thinkers & Opinion Shapers category. 100.newafricanmagazine.com
December 21, 2025 at 1:13 AM
Great to see that our Adjunct Professor (and supportive friend) Fadhel Kaboub has been (most deservedly) listed by the New African Magazine as one of the 100 Most Influential Africans in 2025 under the Thinkers & Opinion Shapers category. 100.newafricanmagazine.com
The Torrens University Australia system for dealing with our #MMT #ecologicaleconomics course enquiries is shut over Christmas, but you can still enquire about the global online #Economics Masters degree and we will get back to you. Here is a form to use: forms.gle/oct6DZCAF3Tf...
December 19, 2025 at 3:35 AM
The Torrens University Australia system for dealing with our #MMT #ecologicaleconomics course enquiries is shut over Christmas, but you can still enquire about the global online #Economics Masters degree and we will get back to you. Here is a form to use: forms.gle/oct6DZCAF3Tf...
Our students and graduates are so active now, in a number of countries, and contributing in so many different ways, that I can't keep up any longer.
That makes me very happy, but please forgive me if I don't promote every excellent piece of work you do.
It is overwhelming.
That makes me very happy, but please forgive me if I don't promote every excellent piece of work you do.
It is overwhelming.
December 18, 2025 at 4:18 AM
Our students and graduates are so active now, in a number of countries, and contributing in so many different ways, that I can't keep up any longer.
That makes me very happy, but please forgive me if I don't promote every excellent piece of work you do.
It is overwhelming.
That makes me very happy, but please forgive me if I don't promote every excellent piece of work you do.
It is overwhelming.
Once again we have a stellar line-up of world-leading experts in economics for our free January Economics of Sustainability free online lecture/interview series:
events.humanitix.com/economics-of...
events.humanitix.com/economics-of...
Economics of Sustainability 2026 Lecture Series
Free online talks with world leading experts in #MMT and ecological economics.
events.humanitix.com
December 18, 2025 at 4:09 AM
Once again we have a stellar line-up of world-leading experts in economics for our free January Economics of Sustainability free online lecture/interview series:
events.humanitix.com/economics-of...
events.humanitix.com/economics-of...
Our Masters graduates are on their way to help change economics and change the world.
This batch of students and graduates are drawn from our Melbourne crew.
This batch of students and graduates are drawn from our Melbourne crew.
December 16, 2025 at 11:53 PM
Our Masters graduates are on their way to help change economics and change the world.
This batch of students and graduates are drawn from our Melbourne crew.
This batch of students and graduates are drawn from our Melbourne crew.
Global South and Women in Economics Scholarships, and our January series of public talks and interviews, plus congratulations to our 2025 graduates.
mailchi.mp/modernmoneyl...
mailchi.mp/modernmoneyl...
Announcing our 2026 Scholarships and January Lecture Series
mailchi.mp
December 16, 2025 at 11:37 PM
Global South and Women in Economics Scholarships, and our January series of public talks and interviews, plus congratulations to our 2025 graduates.
mailchi.mp/modernmoneyl...
mailchi.mp/modernmoneyl...
Steven's Christmas reading.
He read 1e of the Bryson years ago.
He is a great fan of John T. Harvey's writing. Incidentally, John wrote our Contending Perspectives subject at Modern Money Lab/Torrens and recorded the lectures for it.
He read 1e of the Bryson years ago.
He is a great fan of John T. Harvey's writing. Incidentally, John wrote our Contending Perspectives subject at Modern Money Lab/Torrens and recorded the lectures for it.
December 16, 2025 at 4:45 AM
Steven's Christmas reading.
He read 1e of the Bryson years ago.
He is a great fan of John T. Harvey's writing. Incidentally, John wrote our Contending Perspectives subject at Modern Money Lab/Torrens and recorded the lectures for it.
He read 1e of the Bryson years ago.
He is a great fan of John T. Harvey's writing. Incidentally, John wrote our Contending Perspectives subject at Modern Money Lab/Torrens and recorded the lectures for it.
"The Contending Perspectives course with Phil Armstrong was AMAZING! I really can't express how awesome the Masters has been so far. I can't wait to take the next course. I think Macro (with Scott Fullwiler) is on the schedule and if so, that's the one."
modernmoneylab.org.au/courses/
modernmoneylab.org.au/courses/
Courses | Modern Money Lab
modernmoneylab.org.au
December 15, 2025 at 4:48 AM
"The Contending Perspectives course with Phil Armstrong was AMAZING! I really can't express how awesome the Masters has been so far. I can't wait to take the next course. I think Macro (with Scott Fullwiler) is on the schedule and if so, that's the one."
modernmoneylab.org.au/courses/
modernmoneylab.org.au/courses/
Because the world needs more women economists, and especially those well-informed in MMT, ecological economics and economic pluralism, as well as (not instead of) econometrics.
modernmoneylab.org.au/courses/ to apply.
modernmoneylab.org.au/courses/ to apply.
December 15, 2025 at 3:25 AM
Because the world needs more women economists, and especially those well-informed in MMT, ecological economics and economic pluralism, as well as (not instead of) econometrics.
modernmoneylab.org.au/courses/ to apply.
modernmoneylab.org.au/courses/ to apply.
Many thanks to the Sustainable Prosperity Action Group in Adelaide.
This group, which was formed after our conference in Adelaide in 2020, is now going into hibernation, as many of its members move onto other projects, including Rising Tide.
!
This group, which was formed after our conference in Adelaide in 2020, is now going into hibernation, as many of its members move onto other projects, including Rising Tide.
!
December 15, 2025 at 1:28 AM
Many thanks to the Sustainable Prosperity Action Group in Adelaide.
This group, which was formed after our conference in Adelaide in 2020, is now going into hibernation, as many of its members move onto other projects, including Rising Tide.
!
This group, which was formed after our conference in Adelaide in 2020, is now going into hibernation, as many of its members move onto other projects, including Rising Tide.
!
We have terrific students
McAlindon, R. 2025. The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025.
modernmoneylab.org.au/wp-content/u...
McAlindon, R. 2025. The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025.
modernmoneylab.org.au/wp-content/u...
modernmoneylab.org.au
December 12, 2025 at 3:10 AM
We have terrific students
McAlindon, R. 2025. The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025.
modernmoneylab.org.au/wp-content/u...
McAlindon, R. 2025. The Price of Profit - An Analysis of Pandemic-Era Inflation, the Cost-of-Living Crisis and Government Policy in the United Kingdom of Great Britain & Northern Ireland. MML Working Paper No. 9, December 2025.
modernmoneylab.org.au/wp-content/u...
Today's end of term message from another one of our online Masters students (#MMT).
"I really can't express how awesome the whole masters has been so far."
modernmoneylab.org.au/courses/
"I really can't express how awesome the whole masters has been so far."
modernmoneylab.org.au/courses/
December 9, 2025 at 4:42 AM
Today's end of term message from another one of our online Masters students (#MMT).
"I really can't express how awesome the whole masters has been so far."
modernmoneylab.org.au/courses/
"I really can't express how awesome the whole masters has been so far."
modernmoneylab.org.au/courses/
In a number of high-income countries, we will before long see MMT-informed governments in power. They will need to be tough and parsimonious with real resources to be successful.
December 8, 2025 at 9:39 PM
In a number of high-income countries, we will before long see MMT-informed governments in power. They will need to be tough and parsimonious with real resources to be successful.
Your job, if you are UK MMT, is to create a safe-space for brave & talented politicians like Polanski to discuss policies which will offer economic security to all. If you are able, and lack academic credentials, come and achieve some. It will help a lot.
December 6, 2025 at 3:07 AM
Your job, if you are UK MMT, is to create a safe-space for brave & talented politicians like Polanski to discuss policies which will offer economic security to all. If you are able, and lack academic credentials, come and achieve some. It will help a lot.
It is my belief that the first step, when a well-informed (about the monetary system) government comes to power, is to ensure economic security for all, with all that implies. Once achieved, you can plan for a future genuinely sustainable, well-being, post-capitalist economy.
December 6, 2025 at 3:00 AM
It is my belief that the first step, when a well-informed (about the monetary system) government comes to power, is to ensure economic security for all, with all that implies. Once achieved, you can plan for a future genuinely sustainable, well-being, post-capitalist economy.
Any economist whose work is approved of by Rory Stewart and Alastair Campbell is part of the problem. Stewart and Campbell are, I am sure, essentially good people, but the things they have mistakenly taken for granted have helped create Donald Trump and Nigel Farage.
December 6, 2025 at 2:49 AM
Any economist whose work is approved of by Rory Stewart and Alastair Campbell is part of the problem. Stewart and Campbell are, I am sure, essentially good people, but the things they have mistakenly taken for granted have helped create Donald Trump and Nigel Farage.
We are thinking of doing a one-day afternoon/evening MMT bootcamp in or near Brighton (England) in late June, in case anyone is interested.
December 5, 2025 at 7:52 AM
We are thinking of doing a one-day afternoon/evening MMT bootcamp in or near Brighton (England) in late June, in case anyone is interested.
I recently mentioned scholarships for exceptional women applicants under 40yrs. We will receive more such applications than we can fund, in case anyone with AUD10,000 to spare is there and would be keen to help,
Always grateful for any help: [email protected]
Always grateful for any help: [email protected]
December 4, 2025 at 1:53 AM
I recently mentioned scholarships for exceptional women applicants under 40yrs. We will receive more such applications than we can fund, in case anyone with AUD10,000 to spare is there and would be keen to help,
Always grateful for any help: [email protected]
Always grateful for any help: [email protected]
I'm playing with this very simple USD indicator, presently called a GEP (Gross Economic Product) as it is too simple to dignify it with the acronym GPI, which values inequality, domestic labour, underemployment, emissions and material footprint in conventional ways.
December 3, 2025 at 11:55 PM
I'm playing with this very simple USD indicator, presently called a GEP (Gross Economic Product) as it is too simple to dignify it with the acronym GPI, which values inequality, domestic labour, underemployment, emissions and material footprint in conventional ways.
Warm old man in a cool t-shirt on a hot early (southern hemisphere) summer's day.
December 3, 2025 at 11:36 PM
Warm old man in a cool t-shirt on a hot early (southern hemisphere) summer's day.
December 1, 2025 at 10:52 AM
Hear from seven world-leading experts in our January 2026 Economics of Sustainability free lecture series, hosted by Modern Money Lab and TUA.
That's Maryam H'Madoun, Stephanie Kelton, Pavlina Tcherneva, Tim Foxon, John Harvey, Scott Fullwiler and Phil Lawn.
events.humanitix.com/economics-of...
That's Maryam H'Madoun, Stephanie Kelton, Pavlina Tcherneva, Tim Foxon, John Harvey, Scott Fullwiler and Phil Lawn.
events.humanitix.com/economics-of...
Economics of Sustainability 2026 Lecture Series
Free online talks with world leading experts in #MMT and ecological economics.
events.humanitix.com
December 1, 2025 at 1:25 AM
Hear from seven world-leading experts in our January 2026 Economics of Sustainability free lecture series, hosted by Modern Money Lab and TUA.
That's Maryam H'Madoun, Stephanie Kelton, Pavlina Tcherneva, Tim Foxon, John Harvey, Scott Fullwiler and Phil Lawn.
events.humanitix.com/economics-of...
That's Maryam H'Madoun, Stephanie Kelton, Pavlina Tcherneva, Tim Foxon, John Harvey, Scott Fullwiler and Phil Lawn.
events.humanitix.com/economics-of...
Name omitted, as it could be any our lecturers, but another such message today...
"Gabie and Steven - you already know this & want to reaffirm - (name omitted) is a gem & absolute asset to the Masters!"
Teach relevant economics well & this happens.
[email protected]
"Gabie and Steven - you already know this & want to reaffirm - (name omitted) is a gem & absolute asset to the Masters!"
Teach relevant economics well & this happens.
[email protected]
November 30, 2025 at 11:47 PM
Name omitted, as it could be any our lecturers, but another such message today...
"Gabie and Steven - you already know this & want to reaffirm - (name omitted) is a gem & absolute asset to the Masters!"
Teach relevant economics well & this happens.
[email protected]
"Gabie and Steven - you already know this & want to reaffirm - (name omitted) is a gem & absolute asset to the Masters!"
Teach relevant economics well & this happens.
[email protected]