Jul 8, 2021
Our next full episode will be out on 21st July 2021, but in the meantime please enjoy this conversation.
Jayne Flanagan and Dallas Lewis of Modern Money Australia host a conversation between comedian and actor Luke McGregor and Professor Bill Mitchell about all things MMT, their experience in the media, and how MMT advocates might best take charge of the media narrative.
Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
Support Modern Money Australia: https://modernmoneyaustralia.org/
For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417
About this event:
“MMT and the media: Taking charge of the narrative
In households across Australia we see a startling increase in the incidence of 'shouting-at-the-telly'. Experts say there's a strong correlation between 'shouting-at-the-telly' and the rise in the understanding of Modern Monetary Theory (MMT). Monitoring the hoarse throats of "telly-shouters" experts note that the telly brims full of talking heads fear-mongering about 'tax-payers money', 'the debt burden on future generations' and 'the government going broke'. Very concerning.
But seriously, a free and independent media is a bulwark of a healthy, functioning democracy. Increasing attention is being paid to MMT in the media, particularly since the onset of this Covid era. Yet questions about media 'group think' and independence are being brought to the fore by a stubborn bias towards the false, orthodox, neoliberal economic narrative of 'sound finance' and fiscal austerity. A bias that is to the detriment (and ire) of us all.
Our guest, Luke McGregor, actor and writer on the highly acclaimed comedy, Rosehaven, and comedian well-known on the stand-up circuit, has fortunately become a champion of MMT in the media. His Lukenomics segment, 'Will Australia Ever Run Out of Money?' on Charlie Pickering's The Weekly and his recent appearance on ABC's Q&A program being wonderful examples of his efforts.
In this webinar, Luke McGregor and Professor Bill Mitchell, founding MMT scholar, economist, academic, author, prolific blogger and founder of MMTeD, will have a conversation about all things MMT, their experience in the media and how we might best take charge of the media narrative.”
All our episodes in chronological order: https://www.patreon.com/posts/43111643
All our episodes with Bill Mitchell: https://www.patreon.com/posts/42072816
A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095
Two episodes about Quantitative Easing:
Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
Episode 59 - Warren Mosler: What Do Central Banks Do?: https://www.patreon.com/posts/39070023
Details about the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu
A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos