Why price stability does not require an army of the unemployed.

Editorial: Quantitative tightening has blurred the line between monetary and fiscal policy, leaving ministers accountable for decisions they cannot directly control

When my husband and I visited Peru five years ago, we stopped by the Andean village of Chinchero, home of the church of Our Lady of Montserrat (in Spanish ‘Iglesia Colonial de Chinchero’).

The market structure that drove prices in 2022 is still in place, and Britain is heading into another energy shock with it.

Why a single instrument aimed at demand cannot reach multifaceted inflation dynamics.

The logic of central bank independence is being overrun by unconventional monetary policy

Editorial: Clean power remains essential. But until it arrives, Britain must stop LNG made scarce by the Iran war setting gas and electricity prices

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

A comprehensive response to Richard Murphy's critique of the Job Guarantee, examining administrative feasibility, inflation concerns, and the fundamental nature of unemployment.

MMTUK is an independent research organisation producing evidence-based economic analysis informed by Modern Monetary Theory. Explore our articles, education resources and community.

As two hundred and fifteen cities prepare to walk out today in solidarity with Minneapolis, the whole world is watching.

When money spent on assets doesn’t result in assets