More Resources

External Resources

Some additional resources you may like to use for further information. Modern Monetary Theory is well known in the area of latest thinking in fiscal and financial policy and requires Monetary Sovereignty, hence the videos and web pages here offer insights useful to those interested in Monetary Sovereignty.

YouTube Videos on Monetary Sovereignty/Modern Monetary Theory (MMT)

1. What modern monetary theory actually says and why it matters Click here

2. Mostly Economics Podcast #1 – What do we really know about MMT with Stephanie Kelton Click here

3. What is modern monetary theory Click here

4. Why MMT won’t crash the pound or the bond market Click here

5. Stephanie Kelton: The big myth of government deficits | TED Click here

6. MMT and inflation explained in 8 minutes ~ Fadhel Kaboub Click here

7. Presidential Lecture Series: Stephanie Kelton Click here

8. Does MMT say we can spend without limit? Click here

9. Unpacking “The Deficit Myth” by Stephanie Kelton | Modern … Click here

10. The Right And Wrong Of MMT (Modern Monetary Theory) Click here

11. The 2021 Tansley Lecture featuring Stephanie Kelton Click here

12. Truss’s economic meltdown explained by MMT Click here

13. Stephanie Kelton: Modern Monetary Theory (MMT) | SALT Talks #8 Click here

14. Modern Monetary Theory explained Click here

15. What is Modern Monetary Theory? by Richard J Murphy Click here

16. L. Randall Wray – Modern Money Theory for Beginners Click here

17. From Smith to Keynes to MMT (Richard Murphy) Click here

18. Unraveling the Mysteries of Modern Monetary Theory with Warren Mosler Click here

19. The Truth About Modern Monetary Theory Click here

20. Why is Modern Monetary Theory So Important? Click here

 

Key websites for Modern Monetary Theory (MMT)

Gower Initiative for Modern Money Studies (GIMMS) — UK hub for MMT explainers, policy briefs, and events. Visit GIMMS

MMTed (Modern Monetary Theory Education) — Free courses, lecture notes, and videos designed by Prof. Bill Mitchell. Visit MMTed

Bill Mitchell’s “billy blog” — Daily MMT analysis on macroeconomics, labour markets, and fiscal/monetary policy. Visit Billy Blog

Levy Economics Institute — Research institute hosting many foundational MMT working papers (Kelton, Wray, Tcherneva). Visit Levy Institute

New Economic Perspectives — Long-running MMT blog archive (includes Randall Wray’s MMT Primer). Visit New Economic Perspectives

Stephanie Kelton — Articles, media, and resources related to “The Deficit Myth.” Visit Stephanie Kelton

Modern Money Network (MMN) — Interdisciplinary group hosting MMT talks, reading lists, and legal/finance resources. Visit Modern Money Network

Mosler Economics — Warren Mosler’s writings (policy notes, FAQs, “Seven Deadly Innocent Frauds”). Visit Mosler Economics

Pavlina R. Tcherneva — Job Guarantee research and policy briefs (see her scholar pages and publications). Visit Pavlina Tcherneva at Levy Institute

UMKC / Kansas City MMT tradition — Archive of faculty and research linked to the development of MMT. Visit UMKC Economics

The MMT Podcast — Interviews with MMT economists and policymakers; back catalogue is a great primer. Visit The MMT Podcast

GIMMS Reading Lists — Curated books, blogs, and introductory guides for newcomers. Visit GIMMS Resources

 

Bank of England & ONS References Supporting Monetary Sovereignty (MMT-Aligned)

Source: Bank of England (2014)
Title: Money creation in the modern economy (Quarterly Bulletin 2014 Q1)
Relevance to MMT / Monetary Sovereignty: Explains directly that commercial banks create deposits when they make loans, and that the central bank sets policy to influence money creation — foundational for understanding Modern Monetary Theory.

Source: Bank of England (Explainer)
Title: How is money created? (BoE website)
Relevance to MMT / Monetary Sovereignty: Accessible overview by the BoE stating “Most of the money in the economy is created by banks when they provide loans.” Supports the MMT view that money creation is endogenous and underpinned by state-backed monetary sovereignty.

Source: Bank of England (Explainer)
Title: What is money? (BoE website)
Relevance to MMT / Monetary Sovereignty: Provides definitions of money, distinguishing cash, deposits and reserves — useful for understanding how monetary instruments function within a sovereign currency system.

Source: Office for National Statistics (ONS)
Title: Public sector finances, UK (Monthly bulletins)
Relevance to MMT / Monetary Sovereignty: Provides official data on government spending, taxation, borrowing and debt — essential empirical evidence for demonstrating how fiscal balances mirror private-sector financial positions in MMT analysis.

Source: Office for National Statistics (ONS, 2016)
Title: UK flow of funds project: identifying sectoral interconnectedness in the UK economy
Relevance to MMT / Monetary Sovereignty: Explores financial linkages between government, households, corporations and the external sector — valuable for understanding sectoral balances and monetary flows central to MMT’s analytical framework.

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