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MMT Portugal

@mmt-portugal.bsky.social
443 followers 105 following 509 posts

Some fuses are short but powerful. Modern Monetary Theory. Just a guy on the MMT cyberspace.

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MMT Portugal @mmt-portugal.bsky.social · 16/10/2026
Register for this event (and share).
events.humanitix.com
Modern Monetary Theory and a Post-Growth Economy
A talk on Modern Monetary Theory and a Post-Growth Economy by Ina Dimitrieva, a doctoral student at the University of Sydney, and associate of Modern Money Lab.
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MMT Portugal @mmt-portugal.bsky.social · 16/10/2026
www.forbes.com/sites/davidr...
forbes.com
Insiders Warn Insurers’ Climate Retreat Could Spark 2008-Style Crash
An anonymous memo from senior insurers warns climate risk could hit mortgages, pensions and the wider economy. Here's what it says, and what the evidence shows.
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MMT Portugal @mmt-portugal.bsky.social · 15/10/2026
Portugal (Porto) => Police and City Hall personel waited for the media to leave at around 3 A.M. and started hitting protestors that were camping in a public square. No violence was directed towards the authorities. Real-estate became a financial product. The result: www.youtube.com/watch?v=zTLV...
youtube.com
Protesto pela habitação no Porto acaba em confrontos entre a PSP e os manifestantes
YouTube video by Renascença
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MMT Portugal @mmt-portugal.bsky.social · 15/10/2026
Jee zuzz. The guy should be behind bars a long time ago.
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Modern Money Lab @modernmoneylab.bsky.social · 13/10/2026
The New Zealand Government Has ‘Run Out of Money’ 272 Times Since November 1997… neweconomicmanagement.substack.com/p/the-new-ze... By MML lecturer, Morgan Edwards.
neweconomicmanagement.substack.com
The New Zealand Government Has ‘Run Out of Money’ 272 Times Since November 1997…
…And You Didn’t Know About It Until Now
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Isabella M. Weber @isabellamweber.bsky.social · 14/10/2026
I'm bringing ANTI-FASCIST ECONOMICS to the home of the Chicago Boys. 📚 On 21 October, join Tim Barker and me to discuss how we win affordability for all by leaving Friedmanite neoliberalism behind. See you there: www.eventbrite.com/e/isabella-w...
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Isabella M. Weber @isabellamweber.bsky.social · 12/10/2026
NYC, you are the best! Due to overwhelming interest, my book launch in conversation with David Wallace-Wells has been moved to a larger venue, the Eisner & Lubin Auditorium at NYU. It’s free. There will be books ahead of pub date! All are welcome! Please register: nyu.qualtrics.com/jfe/form/SV_...
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Modern Money Lab @modernmoneylab.bsky.social · 13/10/2026
How to Teach Ecological Economics. Oct. 22nd, 2026 10 a.m. EDT. As part of Global Doughnut Days 2026, Dr Rigo Melgar (MML/TUA lecturer) and co-founder of Ecological Economics For All, will share entry points, key concepts and real classroom examples. doughnuteconomics.org/events/how-t...
doughnuteconomics.org
How to Teach Ecological Economics: A Global Educator Session | DEAL
An online session for educators around the world who want to bring ecological economics into their teaching.
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Modern Money Lab @modernmoneylab.bsky.social · 13/10/2026
The ECB can stop a Eurozone Debt Crisis. So Why the Panic? Ciaran McKenna. Ciaran is a graduate of the Modern Money Lab/Torrens University Master's degree in the Economics of Sustainability. modernmoneylab.eu/digest/the-e...
modernmoneylab.eu
The ECB can stop a Eurozone Debt Crisis. So Why the Panic?
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MMT Portugal @mmt-portugal.bsky.social · 12/10/2026
No worries, the central bank will raise the interest rates. (joking :-))
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Nathan Tankus @nathantankus.bsky.social · 12/10/2026
Its 2026 and we are giving the fake Nobel prize in economics to the inventor of the flat tax
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Modern Money Lab @modernmoneylab.bsky.social · 12/10/2026
We helped support this movie, organising its first major national tour (around Australia) in 2024. It is now, finally, available free of charge on YouTube, everywhere in the world where YouTube is accessible. www.youtube.com/watch?v=x3TJ...
youtube.com
Finding the Money | FULL DOCUMENTARY | Politics/Economics
YouTube video by Giant Pictures
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Fadhel Kaboub @fadhelkaboub.bsky.social · 12/10/2026
Finding The Money is finally available for free on YouTube: www.youtube.com/watch?v=x3TJ... MMT shows how a country can leverage its monetary sovereignty to pay for large scale public investments in health, education, climate action... without bankrupting itself or causing inflation/hyperinflation.
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William Mitchell @billmitchell.org · 12/10/2026
Monday's blog post (12/10) is now posted (16:37 Kyoto Time) - Are the traditions of Japan consistent with an increasing GDP growth obsession - Part 1? - billmitchell.org/blog/?p=63411
billmitchell.org
Are the traditions of Japan consistent with an increasing GDP growth obsession – Part 1? – William Mitchell – Modern Monetary Theory
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MMT Portugal @mmt-portugal.bsky.social · 11/10/2026
theguardian.com
Andy Burnham says it is clear Russia interfered in Brexit referendum
PM says he asked question upon entering No 10 but does not reveal who gave him ‘clear answer’ Russia meddled
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Prof. Stefan Rahmstorf @rahmstorf.bsky.social · 11/10/2026
An interesting new study has examined 20,736 scientific publications about climate tipping points. Several of those are estimated to be crossed around 1.5 degrees warming, i.e. any time soon: permafrost thaw, Greenland Ice Sheet, North Atlantic Subpolar Gyre. theconversation.com/some-climate...
theconversation.com
Some climate tipping points are being studied far more than others – new research
Scientists aren’t focusing on the systems that may be closest to tipping.
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MMT Portugal @mmt-portugal.bsky.social · 08/10/2026
This LinkedIn post just popped-up, it would require double check to be sure the content is 100% accurate, but here it is.
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Science X / Phys.org @sciencex.bsky.social · 07/10/2026
Quantum spins alone moved a levitating, centimeter-wide diamond. Its mass was 100 million to a billion times greater than objects in previous state-of-the-art spin-mechanical experiments. doi.org/hcms62
phys.org
First observation of quantum spins shifting a centimeter-scale object in the lab
Modern technological breakthroughs like lasers, MRI scanners, semiconductors and quantum computers rest on the study of quantum mechanics.
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Science X / Phys.org @sciencex.bsky.social · 07/10/2026
Ozone from Amazon wildfires reduces forest carbon uptake by an amount equivalent to around 24% of the fires’ carbon emissions. The hidden loss is strongest during major droughts.
phys.org
Amazon wildfires are generating ozone that weakens surviving trees' carbon uptake
Ozone pollution caused by Amazon wildfires is significantly reducing the rainforest's ability to absorb carbon dioxide from the atmosphere, new research reveals.
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MMT Portugal @mmt-portugal.bsky.social · 07/10/2026
Did not read the article but seems interesting www.tandfonline.com/doi/full/10....
tandfonline.com
Central bank digital currencies, financial subordination and the quest for infrastructural autonomy: the introduction of the eNaira in Nigeria
Political economists have only recently begun to grapple with the question of how to conceptualise and systematically explain the responses of states in lower-income countries to the rise of digita...
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Modern Money Lab @modernmoneylab.bsky.social · 06/10/2026
The England and Wales Greens have now adopted a framework for fiscal policy which is firmly grounded in MMT and functional finance alongside ecological economics, albeit without the job guarantee policy.
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William Mitchell @billmitchell.org · 05/10/2026
Monday's blog post (05/10) is now posted (14:19 EAST) - Is a high-pressure economy strategy in Japan viable? - billmitchell.org/blog/?p=63401
billmitchell.org
Is a high-pressure economy strategy in Japan viable? – William Mitchell – Modern Monetary Theory
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Anthony B, @swearyanthony.bsky.social · 04/10/2026
Once again - the problem isn't "ooo AI models are too scary and powerful". It's that the developers of these products are irresponsible dolts, who have absolutely no intention of changing how they behave. Stop making excuses, use existing laws and make them responsible for their own actions.
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MMT Portugal @mmt-portugal.bsky.social · 03/10/2026
stephaniekelton.substack.com/p/real-wages...
stephaniekelton.substack.com
Real Wages are Falling. It’s More Common than You Might Think.
Here are the takeaways from today’s nonfarm payrolls report:
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Prof Bill McGuire @profbillmcguire.bsky.social · 02/10/2026
Mind-boggling - just mind-boggling Now expected to peak at an extraordinary 4.2C in December
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MMT Portugal @mmt-portugal.bsky.social · 02/10/2026
Portugal ==>
euronews.com
Portugal records biggest EU rise in house prices in second quarter
Eurostat data shows Portugal recorded the EU's sharpest rise in house prices in Q2 2026 versus a year earlier. In September, national housing costs hit a fresh record high.
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 02/10/2026
When a rapist sticks up for other rapists it's called a professional courtesy.
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MMT Portugal @mmt-portugal.bsky.social · 02/10/2026
If there's 1 person that really knows what AI is all about and is very much worth to follow is Yann LeCun. knowledge.insead.edu/technology-i...
knowledge.insead.edu
What the Next AI Revolution May Look Like
Move aside, large language models. Smarter, more controlled world models are the future, says prominent AI architect Yann LeCun.
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Prof. Stefan Rahmstorf @rahmstorf.bsky.social · 30/09/2026
Big Oil remains the most significant obstacle to reducing emissions and limiting climate harms. It’s important to understand the long history of that.
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Robin Berjon @robin.berjon.com · 30/09/2026
The social internet — for science! I'm super excited to see @aster.id launching. It's an Atmosphere service provider (like @eurosky.social) for researchers, hosted by your friends at the @modalfoundation.eurosky.social. Why does it matter? Thread time! 🧵
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 30/09/2026
"Super Intelligence"
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 30/09/2026
If you've ever wondered how ridiculously profitable tech companies avoid paying taxes . . .
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Levy Institute @levyecon.bsky.social · 28/09/2026
In "Is the US Running Out of Time as the Rest of the World Runs Out of the Dollar?", L. Randall Wray argues for economic policies based in facts, not fictions. tinyurl.com/runningoutof... #FiscalPolicy #InterestRates #MonetaryPolicy #TrumpEconomy @ptcherneva
tinyurl.com
Is the US Running Out of Time as the Rest of the World Runs Out of the Dollar? – Levy Economics Institute of Bard College
Global trust in the US and its almighty dollar seems to be in question, with some nations scrambling to create alternative payment systems to compete with it. Some believe it...more
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MMT Portugal @mmt-portugal.bsky.social · 26/09/2026
Portugal => UBS analysis finds that to buy a 60 square meter appartment in Lisbon requires more net income than it would in New York, Miami, S. Fransico and most of the analysed cities. They finally found that the real estate price is stupidly high and unsustainable for the PT middle class salaries.
sicnoticias.pt
O que Lisboa, Dubai, Zurique e Tóquio têm comum? Preços das casas, mas por cá há um (sério) risco
Segundo um relatório do banco suíço UBS, para comprar um apartamento de 60 metros quadrados em Lisboa, são precisos entre cinco a dez anos de rendimento médio.
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MMT Portugal @mmt-portugal.bsky.social · 26/09/2026
It's not "misbehaviour", it's by design. AI models that operate based on LLMs require some amount of randomness to be useful. It's not misbehaviour, it's a feature of the technology that these companies must be liable for. They make the tech, they don't control it then send it into the wild... wtf!
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MMT Portugal @mmt-portugal.bsky.social · 26/09/2026
"without the company's knowledge"... this is not true. Companies hosting these models know they have a tool with huge capacity which relies on a small percentage of randomness - a necessary feature. The fact they prefer not to control or restraint it, is totally under their responsibility.
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Prof. Stefan Rahmstorf @rahmstorf.bsky.social · 24/09/2026
I can only agree: "Governments must treat the climate as they would other threats to national security, such as sabotage by hostile states." Richard Nugee, a retired general and security expert. Why would such a report be suppressed? www.theguardian.com/environment/...
theguardian.com
UK shares findings of damning climate crisis national security report suppressed under Starmer
El Niño poses critical threat to nations’ defences, says Ed Miliband in presentation to global foreign ministers
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MMT Portugal @mmt-portugal.bsky.social · 24/09/2026
Any country that has 1 or more nuclear weapons will never ever give up such weapons in the name of peace. And there's a country responsible for this scenario which became effective in 2022.
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Levy Institute @levyecon.bsky.social · 24/09/2026
Levy Senior Scholar L. Randall Wray compares Marx, Keynes, and Minsky on effective demand, profits, finance, and economic instability — and highlights a common economic belief that they all rejected. tinyurl.com/marxkeynesmi... #Marx #Keynes #Minsky #money #economics @ptcherneva.bsky.social
tinyurl.com
Toward a Marx-Keynes-Minsky Synthesis – Levy Economics Institute of Bard College
This paper summarizes and compares the approaches of Marx and Keynes to the theory of effective demand and places it within the monetary theory of production. While their techniques differed...more
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Isabella M. Weber @isabellamweber.bsky.social · 24/09/2026
I was honoured to meet Mayor Mamdani in New York City this week! Every day, his administration is changing what is thinkable in economic policy. Public goods for the public good.🌹
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MMT Portugal @mmt-portugal.bsky.social · 24/09/2026
According to mainstream commentators and analysts, Switzerland is about to spiral down into a hyperinflation episode of 20 or even 30%. The Swiss population is already fleeing by the thousands.
swissinfo.ch
Swiss interest rate remains at 0%
Swiss National Bank decides to keep key interest rate at 0% as inflation remains under control.
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MMT Portugal @mmt-portugal.bsky.social · 24/09/2026
youtube.com/watch?v=XDJ0...
youtube.com
Pan African Zero Dollar Joint Industrial Policy, giving Africa leverage with no debt liabilities.
YouTube video by The Emerging Alkebulan
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Patricia Pino @patriciapino.bsky.social · 23/09/2026
The Greens propose to drop interest rates as the main inflation tool. So it's a good moment to ask why we discarded the world Kalecki knew (full employment as the aim), for monetary policy primacy, independent central banks & a buffer stock of unemployed labour. open.substack.com/pub/patricia...
open.substack.com
The Political Aspects of Unemployment
Why price stability does not require an army of the unemployed.
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Prof. Stefan Rahmstorf @rahmstorf.bsky.social · 22/09/2026
For everyone who doesn’t know what a wet bulb temperature means for them…
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Stephanie Kelton @stephaniekelton.bsky.social · 22/09/2026
New from me. stephaniekelton.substack.com/p/sufferin-p...
stephaniekelton.substack.com
Sufferin’ Potash
A Daffy plan to plug a critical hole?
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MMT Portugal @mmt-portugal.bsky.social · 22/09/2026
Techbros...
nypost.com
OpenAI and Anthropic oversold AI security breaches to pressure feds into protecting turf: insiders
OpenAI and Anthropic hyped “rogue AI” security breaches to pressure Washington into a regulatory partnership that would cement their industry dominance, tech insiders told The Post &#82…
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MMT Portugal @mmt-portugal.bsky.social · 22/09/2026
The "extinction" of humans narrative is very exaggerated. The labour earthquake however, might be closer to reality.
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Isabella M. Weber @isabellamweber.bsky.social · 22/09/2026
"The sense of economic decline that drives support for the far-right is real. But it is not caused by migrants. It is caused by the greed of capital." @graceblakeley.substack.com is right. As I argue in ANTI FASCIST ECONOMICS, that's why only an economics of essentials can turn the tide.
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Prof Bill McGuire @profbillmcguire.bsky.social · 22/09/2026
We are systematically and consciously destroying the natural world So that a tiny elite can become ever richer There WILL be a reckoning www.theguardian.com/environment/...
theguardian.com
‘Planetary boundaries’ necessary for flourishing of life have been massively breached, scientists warn
New report shows key indicators of Earth’s health are ‘outside the safe operating space’ as climate disaster looms
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