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ChrisB

@chrisb2024.bsky.social
128 followers 319 following 814 posts

chrisblanduk.com

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Reposted by ChrisB
?whispers? @whispers-actual.bsky.social · 15/05/2026
UK gilts are "debt", right? Rising yields mean we're "running out of money"? Wrong. The Bank of England is currently imposing a £133bn self-inflicted wound on the public purse — and calling it "monetary discipline". Here's the MMT reality 🧵👇
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Rob Hawkes @robbhawkes.bsky.social · 09/05/2026
The austerity mindset traps our politics in a death spiral of exclusionary violence: there is not enough to go round; ‘responsible’ leaders must make ‘tough choices’ about who to leave out. 1/3
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Modern Money Lab @modernmoneylab.bsky.social · 07/04/2026
Still time to register for Patricia Pino's Job Guarantee talk, starting in 2 hours! #MMT #JobGuarantee events.humanitix.com/patricia-pin...
events.humanitix.com
Patricia Pino on designing a UK Job Guarantee
Join us for an online talk with Patricia Pino on designing a counter-inflationary Job Guarantee for the UK: political economy, constraints, and trade-offs
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Reposted by ChrisB
MMTUK Policy Research Group @mmtuk.bsky.social · 01/04/2026
MMT Richard Murphy recently published a critique of the core policy at the heart of MMT: the Job Guarantee. It was reasoned and balanced, but we believe misrepresented the Job Guarantee in key areas. Here is our response.
mmtuk.org
The Job Guarantee - A Response to Richard Murphy
A comprehensive response to Richard Murphy's critique of the Job Guarantee, examining administrative feasibility, inflation concerns, and the fundamental nature of unemployment.
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ChrisB @chrisb2024.bsky.social · 18/03/2026
"The Bank of England should have the courage to admit that its main policy tool is largely irrelevant in dealing with geopolitical supply shocks and their impacts." #MMT
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ChrisB @chrisb2024.bsky.social · 14/03/2026
Perhaps they should read this instead: mmtaction.com/s/oc6t0j/
mmtaction.com
The Economist — Analysis
The Economist critiques the UK Green Party's economic manifesto, arguing their £250bn spending plan funded by £170bn in tax rises plus borrowing would cause in…
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ChrisB @chrisb2024.bsky.social · 14/03/2026
.@Economist.com writes 1000 words on Green economics without once acknowledging that the UK government issues its own currency. Every claim rests on the "household budget" myth. They couldn't get it more wrong if they tried. #MMT archive.is/RdqQb
archive.is
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ChrisB @chrisb2024.bsky.social · 04/03/2026
Rubio unwittingly admits Israel dragged USA into War www.reddit.com/r/AskSociali...
reddit.com
From the AskSocialists community on Reddit: Rubio unwittingly admits Israel dragged USA into War
Explore this post and more from the AskSocialists community
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ChrisB @chrisb2024.bsky.social · 02/03/2026
Britain's water companies paid out billions in dividends while the pipes rotted. Now we're told we can't afford to fix them. The engineers exist. The materials exist. The need is real. What's missing isn't money. Britain isn't broke. It's blocked.
chrisblanduk.com
Blocked Britain
Britain's water companies borrowed billions, paid it out to shareholders, and let the pipes rot. Now we're told there's no money to fix them. But the engineers exist. The materials exist. The need is overwhelming. What's missing isn't money. Money is just the record of a decision. Britain isn't broke. It's blocked.
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dave161256.bsky.social @dave161256.bsky.social · 01/03/2026
Labour, Reform, Coservatives and LibDems all offer different flavours of Thatcher's neoliberalism which has been damaging people and services for decades. It is only the Green Party that offers a different economic view that would allow us to have the infrastructure and services we want. #MMT
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ChrisB @chrisb2024.bsky.social · 07/02/2026
A must attend event for all MMT fans!
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ChrisB @chrisb2024.bsky.social · 06/02/2026
Finally, a group that will tell it how it is on economics. #MMT
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?whispers? @whispers-actual.bsky.social · 25/01/2026
NHS We can't afford the unaffordability myth... #MMT medium.com/@malcolmreav...
medium.com
The death of the NHS? Or the death of neoliberalism? Your choice.
A recent article posted on Medium predicts the NHS is going to die because it is unaffordable. Sadly that rather long article displays…
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Real Progressives @realprogressives.bsky.social · 22/01/2026
Why do so many #Marxists dismiss #ModernMonetaryTheory as capital apologia? #MMT is a lens, not an ideology! #JobGuarantee is a superior path vs #UBI to build #WorkingClass power. Ep. ft. @_awda_ drops Sat. 1/24 @ 8AM ET. Find all our ep. @ realprogressives.org/macro-n-cheese/
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ChrisB @chrisb2024.bsky.social · 18/01/2026
MMT threatens vested interests in the economy and in economics, that's why we can't talk about it. This is great from @spborden.bsky.social #MMT open.substack.com/pub/susanbor...
open.substack.com
Not an Economic Question but a Question about Economics
Why Can’t We Discuss MMT?
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ChrisB @chrisb2024.bsky.social · 16/01/2026
This old article misrepresents MMT's Job Guarantee by conflating design choices with economic constraints. Currency-issuing governments aren't limited to minimum-wage make-work - they can set living wages and fund meaningful public purpose work. Sorry. #MMT mmtaction.com/articles/sha...
mmtaction.com
MMT Analysis: Just What Is a Job Guarantee?
This article critiques job guarantee proposals, arguing that well-designed JG programs are constrained to low-skill, make-work jobs that resemble workfare. While the author raises valid concerns abou…
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ChrisB @chrisb2024.bsky.social · 16/01/2026
Essential reading on the Job Guarantee. The best way to support the unemployed in society. #MMT
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Reposted by ChrisB
?whispers? @whispers-actual.bsky.social · 14/01/2026
The "Govt as Household" & "Taxpayer Money" analogies have sat at the apex of economic narrative for 50 yrs. What can be done? Dismantling this narrative requires a strategic, multidisciplinary counter-offensive that builds a more accurate & equally compelling story. substack.com/@mmtmichael/...
substack.com
There is an alternative.
The “Household Budget” A Multidisciplinary Deconstruction of a Prevailing Narrative
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ChrisB @chrisb2024.bsky.social · 10/01/2026
Every generation inherits not just the physical infrastructure of its predecessors but a set of assumptions about what is economically possible. #MMT
chrisblanduk.com
Five Generations, One Betrayal
Every generation inherits not just the physical infrastructure of its predecessors but a set of assumptions about what is economically possible. In post-war Britain, those assumptions have shifted so dramatically that grandparents and grandchildren now inhabit entirely different economic universes while sharing the same national space.
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ChrisB @chrisb2024.bsky.social · 06/01/2026
This is an excellent read, well worth the time to digest... #MMT
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?whispers? @whispers-actual.bsky.social · 01/01/2026
TEMPORARY SUSPENSION OF NEW YEAR ISSUANCE AND IMPLEMENTATION OF TEMPORAL AUSTERITY MEASURES #MMT_UK #MMT
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Money on the Left @moneyontheleft.bsky.social · 29/12/2025
✨ New Essay! ✨ @greenbackbetter.bsky.social argues that the current turn toward the analog isn't simple nostalgia. It's a rejection of design as inevitable. From frictionless UX to balanced budgets, it's time to stop treating the politics of design as natural constraints. Please read & share! 👩‍💻 🙌
moneyontheleft.org
Touch Grass, Touchscreens, and Public Design
By Will Beaman A small design story from May 2025 has been making the rounds on my newsfeed: car manufacturers, after years of migrating controls onto touchscreens, are re-embracing physical button…
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ChrisB @chrisb2024.bsky.social · 22/12/2025
Get back to the ivory tower Jonathan. Sorry for disturbing you.
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Reposted by ChrisB
George Monbiot @georgemonbiot.bsky.social · 22/12/2025
Delighted to hear that The Invisible Doctrine, the film by @peterhutchison.bsky.social and @lucas-sabean.bsky.social, is being offered free to view on YouTube for the holiday season. It's all yours! youtu.be/gR4eSEetKP0
youtu.be
The secret history of Neoliberalism | The Invisible Doctrine | Full Film
YouTube video by Journeyman Pictures
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ChrisB @chrisb2024.bsky.social · 22/12/2025
This isn't about not doing "the hard work." It's about noticing that your rule treats deficit levels as something to target, which means treating them as constraints. That's the bit you haven't explained.
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ChrisB @chrisb2024.bsky.social · 22/12/2025
Calling something "silly and boring" isn't an argument. If you've "repeatedly" explained the household analogy is wrong, why support a fiscal rule that treats deficit levels as the constraint rather than real resources? That's the household analogy with extra steps.
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ChrisB @chrisb2024.bsky.social · 22/12/2025
Interesting. @richardjmurphy.bsky.social disagrees: "the issue here is not accounting. It is whether economists are willing to be honest about how the system works, and then argue openly about how it should be used. Portes does not seem to want to do so." www.taxresearch.org.uk/Blog/2025/12...
taxresearch.org.uk
MMT questions
I was asked this question in an email this morning: I came across your MMT videos and really enjoyed them and have become really intrigued by MMT. I had a couple of questions if you were able to help...
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ChrisB @chrisb2024.bsky.social · 19/12/2025
Government spending already creates money. Gilt sales drain reserves that spending put there. This isn't "print vs borrow" - it's whether to offer savers a term deposit afterwards. You called this "just accounting." Now it's "dangerous BS." Which is it, Jonathan?
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ChrisB @chrisb2024.bsky.social · 19/12/2025
"Standard economics" to "dangerous BS" in one thread. Pick one. And if the household fallacy is irrelevant, why has "how will we pay for it" dominated every fiscal debate while serious economists stayed silent?
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ChrisB @chrisb2024.bsky.social · 19/12/2025
"Just printed money" - government spending already creates money. Gilts drain reserves spending already injected. You're not choosing print vs borrow; you're choosing whether to offer term deposits after. This is the accounting you called uninteresting.
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ChrisB @chrisb2024.bsky.social · 19/12/2025
The Trussonomics smear is lazy and you know it. MMT economists opposed those tax cuts precisely because the framework says: look at real resource constraints and distributional effects, not deficit numbers. Kwarteng's budget failed on both counts. That's the MMT critique. Try engaging with it.
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ChrisB @chrisb2024.bsky.social · 19/12/2025
"Just accounting" as if accounting identities don't constrain economics.You're sharing a passage that says it wasn't solvency risk while claiming no serious economist ever said it was. The entire post minibudget discourse was bond vigilantes & fiscal punishment. Were you correcting that at the time?
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ChrisB @chrisb2024.bsky.social · 19/12/2025
Neither new nor wrong but still he links to an article titled "What's Wrong with MMT" The mask slipped there, Jonathan.
criticalfinance.org
What’s wrong with MMT?
As Marc Lavoie and John Quiggin have noted, there are ‘two MMTs’. Scholars such as Randy Wray, Eric Tymoigne and Scott Fulwiler have contributed to debates on monetary economics, instit…
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ChrisB @chrisb2024.bsky.social · 19/12/2025
AI eliminates the value of thinking. Climate change increases the cost of surviving. Private markets can't profit from either end. New post: what happens when these forces collide, and why governments will inherit the economy whether we plan for it or not.
chrisblanduk.com
The End of Profit
Two forces are converging on the global economy. AI is driving the cost of cognition toward zero. Climate change is driving the cost of physical stability upward. Together, they dissolve the foundations of the market economy we inherited. In the emerging economy, what matters is access to resources and the capacity to manage risk.
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ChrisB @chrisb2024.bsky.social · 13/12/2025
Might as well give up now then! 😆
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ChrisB @chrisb2024.bsky.social · 13/12/2025
This is an incredibly powerful depiction of life in the UK under an #MMT economic lens. If only sceptics could open their minds to appreciate this view.
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ChrisB @chrisb2024.bsky.social · 07/12/2025
Thank God for that! The first reasonable article about #MMT and @zackpolanski.bsky.social 's fresh take on the economy. Well done @newstatesman1913.bsky.social www.newstatesman.com/politics/gre...
newstatesman.com
The case for Zack Polanski's economic plan
The Green Party leader's recent arguments sound a lot like Modern Monetary Theory
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Reposted by ChrisB
Random Wanderer 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🇺🇦 @randomwanderer1.bsky.social · 29/11/2025
@richardjmurphy.bsky.social in his usual clear and reasoned way, critiques Rachel Reeves' budget for 'managed decline' and explains how she could instead have made life better for all, if she had had the courage to do so. youtu.be/6pTpT_uB_4M?... #MMT #NeoliberalMyths
youtu.be
Rachel Reeves’ budget: Who really governs Britain?
YouTube video by Richard J Murphy
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Zack Polanski @zackpolanski.bsky.social · 29/11/2025
Isn't it refreshing when someone actually does nuance and detail? H/t @andyverity.bsky.social at the BBC!
How will the government fund scrapping the two child benefit cap? Talks about the fact it's important to remember public finances are not like household finances.
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Ollie Crookwood @olliecrookwood.bsky.social · 29/11/2025
Fantastic to see an economics reporter accurately reporting economics… #MMT
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ChrisB @chrisb2024.bsky.social · 28/11/2025
There are real constraints: workers, factories, energy, time. And there are fake constraints: "but where will the money come from?" Learn the difference by crashing an economy (for educational purposes). keystroke.mmtaction.uk #MMT
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ChrisB @chrisb2024.bsky.social · 26/11/2025
Another budget, another "we must live within our means" while the government literally creates the currency 🤯 Tired of household credit card analogies? Join our Discord to discuss how sovereign currency works and why budget commentary is economic fan fiction. discord.gg/S3UbxFe4FR #MMT
discord.gg
Join the MMT UK Discord Server!
Check out the MMT UK community on Discord - hang out with 131 other members and enjoy free voice and text chat.
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Zack Polanski @zackpolanski.bsky.social · 26/11/2025
The very first thing the Prime Minister does is use the household budget metaphor. A metaphor - this report into BBC coverage - said could be "easily misleading." Why is the government trying to mislead the country?
Note on household analogies
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Zack Polanski @zackpolanski.bsky.social · 26/11/2025
Are the Labour Government finally going to bring in rent controls? I seem to be living rent free in their heads! (Thanks for the shout out!) Join.greenparty.org.uk
join.greenparty.org.uk
Join the Green Party
Join the Green Party from just £6 a year. Become a member today - join the only party standing up for people and planet.
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ChrisB @chrisb2024.bsky.social · 26/11/2025
Budget nonsense? There's an app for that. mmtaction.uk #MMT
mmtaction.uk
MMT Budget Response Suite
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ChrisB @chrisb2024.bsky.social · 26/11/2025
🚨 IT'S BUDGET DAY AND WE BUILT YOU A WEB APP to squash the economic myths that are coming... Myth tracking ✓ Fact-checking ✓ Media complaints ✓ Social critiques ✓ AND a bingo card 🎯 Yes, Budget Myth Bingo. We're not okay. mmtaction.uk #MMT #Budget2026
mmtaction.uk
MMT Budget Response Suite
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Alex Scott-Samuel @dralexss.bsky.social · 25/11/2025
#BBCR4Feedback We've had nothing but flat earth economics on all #BBC channels in the run-up to the budget. Despite definitive evidence that every £ of public spending is newly created @bankofengland.bsky.social, the neoclassical ideologues prevail @ #BBC #MMT www.tandfonline.com/doi/full/10....
bsky.social
Bluesky
Social media as it should be. Find your community among millions of users, unleash your creativity, and have some fun again.
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Random Wanderer 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🇺🇦 @randomwanderer1.bsky.social · 23/11/2025
The 'Household analogy', often used by economists and economic commentators, is a false analogy fallacy. Sovereign governments are nothing like households as @richardjmurphy.bsky.social clearly explains: youtu.be/Q03GKwMxmAo?... #MMT
youtu.be
Why the government is nothing like a household
YouTube video by Richard J Murphy
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ChrisB @chrisb2024.bsky.social · 30/10/2025
Thx to you both @robbhawkes.bsky.social and @greenbackbetter.bsky.social for a great presentation. Recording and transcript available soon...
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Zack Polanski @zackpolanski.bsky.social · 30/09/2025
youtu.be/jTV4wLmmF5s?...
youtu.be
Zack Polanski hijacks Labour Conference to win over left wingers
YouTube video by PoliticsJOE
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