Work is Intrinsic to our Identity

As people start to grasp the power of a currency issuer thoughts lead to the idea of a universal basic income. Rejections against it are based on ‘not wanting to give money to millionaires’. Then there are those that advocate for a basic income. An income for people that choose not to work. The first […]

We Need to Organise and Attack Current Fiscal Policy

I’ve been busy working on a project that tries to bring progressive organisations together and critique Governments fiscal policy from an MMT perspective. It focuses on two key points. The first is the Australian Government issues currency. It spends with an appropriation bill and the RBA uses a computer to mark up the size of […]

Why Universal Free Childcare is Possible

This is a thing that has dropped off radar. How quickly the public discourse moves. On Thursday 2 April, 2021 The Australian Government announced (temporary) free childcare for the covid pandemic. It is no secret the spending of governments lifted by hundreds of billions of dollars and yet no extra taxes were raised and our […]

Word War II and Post War Reconstruction

As part of a project into the history and development of Australian currency I have written a little more of the events that took place over WWII that led to Australia’s post war reconstruction. The events start at the end of the thirties and go through to just before the Commonwealth Bank was created and […]

Economics and Language

With all the talk of ‘the economy’, spending collapse and an oncoming recession with the Prime Minister stating “We cannot prevent all the many hardships, many sacrifices that we will face in the months ahead”  I thought it worth noting that yes it is possible to avoid any financial hardships and a recession. The analogies […]