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Posts by William Mitchell

A classic case of the Australian government denying that it is the Australian government – William Mitchell – Modern Monetary Theory

Monday's blog post (20/04) is now posted (16:56 EAT) - A classic case of the Australian government denying that it is the Australian government - billmitchell.org/blog/?p=63144

1 day ago 5 2 0 0
Australian labour market – largely stable but dark clouds present – William Mitchell – Modern Monetary Theory

Thursday's blog post (16/04) is now posted (12:47 EAST) - Australian labour market - largely stable but dark clouds present - billmitchell.org/blog/?p=63134

5 days ago 4 3 0 1
A structured approach for progressive political ambitions – Part 7 – William Mitchell – Modern Monetary Theory

Monday's blog post (13/04) is now posted (16:33 EAST) - A structured approach for progressive political ambitions – Part 7 - billmitchell.org/blog/?p=63131

1 week ago 4 1 0 0
A structured approach for progressive political ambitions – Part 6 – William Mitchell – Modern Monetary Theory

Thursday's blog post (09/04) is now posted (11:55 EAST) - A structured approach for progressive political ambitions – Part 6 - billmitchell.org/blog/?p=63129

1 week ago 6 1 0 1
A structured approach for progressive political ambitions – Part 5 – William Mitchell – Modern Monetary Theory

Thursday's blog post (02/04) is now posted (16:34 EAST) - A structured approach for progressive political ambitions – Part 5 - billmitchell.org/blog/?p=63126

2 weeks ago 5 1 0 0
The Manosphere fills a void created by neoliberalism which has been largely ignored by progressives – William Mitchell – Modern Monetary Theory

Monday's blog post (30/03) is now posted (17:26 EAST) - The Manosphere fills a void created by neoliberalism which has been largely ignored by progressives - billmitchell.org/blog/?p=63124

3 weeks ago 5 1 0 0
New Green-linked report in Britain avoids the critical issue – William Mitchell – Modern Monetary Theory

Thursday's blog post (26/03) is now posted (16:59 EAST) - New Green-linked report in Britain avoids the critical issue - billmitchell.org/blog/?p=63122

3 weeks ago 4 1 0 2
A structured approach for progressive political ambitions – Part 4 – William Mitchell – Modern Monetary Theory

Monday's blog post (23/03) is now posted (16:44 EAST) - A structured approach for progressive political ambitions – Part 4 - billmitchell.org/blog/?p=63120

4 weeks ago 5 2 0 0
Australian labour market – unemployment rises sharply – hard to reconcile with RBA’s excess demand claim – William Mitchell – Modern Monetary Theory

Thursday's blog post (19/03) is now posted (13:06 EAST) - Australian labour market - unemployment rises sharply - hard to reconcile with RBA's excess demand claim - billmitchell.org/blog/?p=63108

1 month ago 7 4 0 0
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RBA Boss says they are trying to "bring the excess demand down" - which excess demand? Unemployment is already rising and consumer spending is weak. The current inflation is supply-driven. The RBA is repeating mistakes it made in 2022 when supply fell. Now they are hiking because ships cannot sail.

1 month ago 17 6 3 1

Somehow the Reserve Bank thinks ships will sail through the Strait of Hormuz more quickly if they hike Australian interest rates. All they are doing is adding to the pain for low income earners of the higher petrol prices and ensuring unemployment rises (more paid). Their decision defies reason.

1 month ago 20 9 1 0
A structured approach for progressive political ambitions – Part 3 – William Mitchell – Modern Monetary Theory

Monday's blog post (16/03) is now posted (08:00 EAST) -
A structured approach for progressive political ambitions – Part 3 - billmitchell.org/blog/?p=63101

1 month ago 8 4 0 0
Interest rate hikes will not get ships moving through the Strait of Hormuz more quickly – William Mitchell – Modern Monetary Theory

@noexitlovenow.bsky.social Thursday's blog post (12/03) is now posted (16:58 EAST) - Interest rate hikes will not get ships moving through the Strait of Hormuz more quickly - billmitchell.org/blog/?p=63096

1 month ago 8 4 0 0
A structured approach for progressive political ambitions – Part 2 – William Mitchell – Modern Monetary Theory

Monday's blog post (09/03) is now posted (17:06 EAST) - A structured approach for progressive political ambitions – Part 2 - billmitchell.org/blog/?p=63094

1 month ago 5 1 0 1
Australian national accounts – growth is up but mostly because of inventory buildup which will reverse – William Mitchell – Modern Monetary Theory

Thursday's blog post (05/03) is now posted (16:24 EAST) - Australian national accounts - growth is up but mostly because of inventory buildup which will reverse - billmitchell.org/blog/?p=63081

1 month ago 3 0 0 1
A structured approach for progressive political ambitions – Part 1 – William Mitchell – Modern Monetary Theory

Monday's blog post (02/03) is now posted (02:06 London time) - A structured approach for progressive political ambitions - Part 1 - billmitchell.org/blog/?p=63079 #mmt

1 month ago 7 3 0 0
Inflation in Japan – invariant to monetary policy and be careful what you wish for (tourism) – William Mitchell – Modern Monetary Theory

Thursday's blog post (26/02) is now posted (05:28 London) - Inflation in Japan - invariant to monetary policy and be careful what you wish for (tourism) - billmitchell.org/blog/?p=63075

1 month ago 6 2 0 1
A successful degrowth strategy will require a massive redistribution of income and wealth towards the poorest – William Mitchell – Modern Monetary Theory

Monday's blog post (23/02) is now posted (04:09 London time) - A successful degrowth strategy will require a massive redistribution of income and wealth towards the poorest - billmitchell.org/blog/?p=63071

1 month ago 12 6 0 0
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Australian labour market – labour demand tracks labour supply – steady – William Mitchell – Modern Monetary Theory

Thursday's blog post (19/02) is now posted (09:52 Londong Time) - Australian labour market - labour demand tracks labour supply - steady - billmitchell.org/blog/?p=63060

2 months ago 4 3 0 0
Actions by our governments are the opposite to what we require from them on climate change – William Mitchell – Modern Monetary Theory

Monday's blog post (16/02) is now posted (13:57 EAST) - Actions by our governments are the opposite to what we require from them on climate change - billmitchell.org/blog/?p=63058

2 months ago 10 4 0 0
Those who invoke the ‘Truss Moment’ should look at what is happening in Japan – William Mitchell – Modern Monetary Theory

Thursday's blog post (12/02) is now posted (13:58 EAST) - Those who invoke the 'Truss Moment' should look at what is happening in Japan - billmitchell.org/blog/?p=63057

2 months ago 9 3 0 0
Upcoming London visit and public event details – William Mitchell – Modern Monetary Theory

Event Announcement - Upcoming London visit and public event details - billmitchell.org/blog/?p=63055

2 months ago 9 4 0 0
Australian government aids and abets the view of a person implicated for inciting genocide – William Mitchell – Modern Monetary Theory

Monday's blog post (09/02) is now posted (15:39 EAST) - Australian government aids and abets the view of a person implicated for inciting genocide - billmitchell.org/blog/?p=63053

2 months ago 8 2 1 0
RBA bows to financial market pressure and boost bank profits at the expense of low-income mortgage holders – William Mitchell – Modern Monetary Theory

Thursday's blog post (05/02) is now posted (15:40 EAST) - RBA bows to financial market pressure and boost bank profits at the expense of low-income mortgage holders - billmitchell.org/blog/?p=63049

2 months ago 7 1 0 2
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Isaac Herzog is accused of inciting genocide in Gaza. He shouldn’t be welcomed to Australia | Chris Sidoti Anthony Albanese should recognise he made a terrible mistake in inviting the Israeli president to Australia and put a stop to this divisive political visit

The Australian gov't is facilitating a visit of a head of a state, that is in breach of international law and has a PM who is wanted for genocide. In doing so, they are aiding and abetting the terror that that state has launched against the Palestinian people.
www.theguardian.com/commentisfre...

2 months ago 13 7 0 1
Japan’s Government Pension Investment Fund and the yen – mainstream macro myths driving bad policy – William Mitchell – Modern Monetary Theory

Monday's blog post (02/02) is now posted (18:03 EAST) - Japan's Government Pension Investment Fund and the yen - mainstream macro myths driving bad policy - billmitchell.org/blog/?p=63044

2 months ago 6 2 0 1
Japan goes to an election accompanied by a very confused economic debate – William Mitchell – Modern Monetary Theory

Thursday's blog post (29/01) is now posted (13:10 EAST) - Japan goes to an election accompanied by a very confused economic debate - billmitchell.org/blog/?p=63043

2 months ago 6 3 0 1

Monday's blog post (26/01) is now posted (15:50 EAST) - Recent extended discussion with RadioMMT - Part 1 - billmitchell.org/blog/?p=63041

2 months ago 5 3 0 0
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Australian labour market – stronger as employment growth outstrips the growth in the working age population – William Mitchell – Modern Monetary Theory

Thursday's blog post (22/01) is now posted (13:15 EAST) - Australian labour market - stronger as employment growth outstrips the growth in the working age population - billmitchell.org/blog/?p=63029

2 months ago 9 3 0 0
AI is is fast becoming another control tool of capitalism – William Mitchell – Modern Monetary Theory

Monday's blog post (19/01) is now posted (16:23 EAST) - AI is is fast becoming another control tool of capitalism - billmitchell.org/blog/?p=63027

3 months ago 9 5 0 0