The MMT Podcast with Patricia Pino & Christian Reilly

In the wake of Kier Starmer's exit as leader of the Labour Party, Patricia and Christian examine the prospects of the presumed next leader of the Labour Party and the country, Andy Burnham, being able to stand up to the not-so-subtle bullying from the financial press over his economic policy.   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: h...

Part 2: On 25 February 2026, MMT UK launched with a flagship public event featuring Professor Bill Mitchell, one of the original architects of Modern Monetary Theory, alongside the publication of MMT UK's first policy paper - "A Job Guarantee for the UK". This is the Q&A session from that event. Special thanks to Damian Coldwell for recording and post-production, and Chris Bland for the transcript...

On 25 February 2026, MMT UK launched with a flagship public event featuring Professor Bill Mitchell, one of the original architects of Modern Monetary Theory, alongside the publication of MMT UK's first policy paper - "A Job Guarantee for the UK". This is the audio of that event. Special thanks to Damian Coldwell for recording and post-production, and Chris Bland for the transcript (see attached P...

Patricia and Christian talk to Professor Steven Hail about the current state of economic discourse in anticipation of his upcoming workshops in Brighton (20th June, also featuring Patricia, Christian, and Green Party councillor and economist Sheridan Kates), Stockholm (27th June), and Brussels (28th June), entitled "From Austerity To Resilience - How to Build a Better Economy", which will empower...

A conversation with Patricia Pino about her recent paper, "From Price Taker To Price Shaper: A Time-Critical Plan For UK Energy Prices And Security".   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     Relevant to this episode: "From Price Taker To Price Shaper: A Time-Critical Plan For UK Energy Prices And...

Part 2: Patricia and Christian continue the conversation with economist and author Dr Phil Armstrong about his recent paper, "Modern Monetary Theory and International Trade: Developments on the Base Case for Analysis".   Full conversation here: https://www.patreon.com/posts/155949704?pr=true   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: ht...

#209 MMT and International Trade with Dr Phil Armstrong (part 1)   Patricia and Christian talk to economist and author Dr Phil Armstrong about his recent paper, "Modern Monetary Theory and International Trade: Developments on the Base Case for Analysis".   Full conversation here: https://www.patreon.com/posts/155949704?pr=true   Please help sustain this podcast!   Patrons get early access to all e...

Patricia and Christian talk to economist and author Dr Phil Armstrong about the least useful pieces of economic commentary from the last 12 months. In this episode: 5. "Quantitative Easing causes 'asset price inflation'" 6. "Fiscal 'headroom'" 7. "The 'labour market' needs 'softening' (and monetary policy should be used to do it)" 8. "Progressive policies will weaken the pound!"   9. "Understandin...

Patricia and Christian talk to economist and author Professor John T Harvey about his latest book, "US business cycles from 1954-2020", his evergreen "Contending Perspectives In Economics", and solutions to an inherently unstable system. Please help sustain this podcast!  Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Relevant to this episode:...

Patricia and Christian talk to economist and author Dr Phil Armstrong about the least useful pieces of economic commentary from the last 12 months.   In this episode: "Sure, the government *can* create money… (but it shouldn't)" "It's okay for the government to 'borrow'… if it's investing" "The national debt is a time bomb!" "Government 'borrowing' is okay… when interest rates are low"   More to f...

Patricia & Christian talk to economist Dr Sam Levey about films set in the world of finance, including Trading Places, The Big Short, The Wolf Of Wall Street, Boiler Room and Inside Job. (Conversation recorded in 2023).   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   LIVE EVENT! THE FAUXBEL PRIZE IN ECONO...

Patricia and Christian talk to Professor Steven Hail about some of the tricky questions progressive leaders and activists are facing. The conversation explores Zack Polanski's bold media messaging, bond market myths, and the historic opportunity for MMT-informed politics in the UK.   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www....

Patricia and Christian talk to Professor Steven Hail about some of the tricky questions progressive leaders and activists are facing. The conversation explores Zack Polanski's bold media messaging, bond market myths, and the historic opportunity for MMT-informed politics in the UK.   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www....

(Part 2) Patricia and Christian talk to Dr Phil Armstrong about the upcoming UK budget, and Green Party leader Zack Polanski's positive views of MMT.   Full conversation here: https://www.patreon.com/posts/142975558   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     All our episodes in chronological order:...

(Part 1) Patricia and Christian talk to Dr Phil Armstrong about the upcoming UK budget, and Green Party leader Zack Polanski's positive views of MMT.   Full conversation here: https://www.patreon.com/posts/142975558   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     All our episodes in chronological order:...

(Part 2) Patricia and Christian continue their conversation with Dr Phil Armstrong about recent events in the world of government budgeting, and the upcoming Anti-Austerity Conference on September 12th-13th.   Full conversation here: https://www.patreon.com/posts/135071185?pr=true&cr=true   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https...

Patricia and Christian talk to Dr Phil Armstrong about recent events in the world of government budgeting, and the upcoming Anti-Austerity Conference on September 12th-13th.   Full conversation here: https://www.patreon.com/posts/135071185?pr=true&cr=true   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast    ...

Christian talks to Professor Jakob Feinig about how right-wing politics is bolstered by the myth that humans are part of a mechanism they can neither understand nor change - The Market - and the efforts to further its mystification, known as "monetary silencing".   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodc...

Patricia and Christian talk with recovering mainstream economist Katy Shields about the ways in which economists and their backers have warped global politics to the point where we and our life-sustaining planet have become secondary concerns to the primary goal of "growth".   Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon...

Part 2: Patricia and Christian continue their conversation with economist, author, and founder of Modern Money Lab Professor Professor Steven Hail about the well-intentioned (taxing the rich is good!) but counter-productive call for a wealth tax to "fund" life-saving support for vulnerable people (needlessly waiting for the rich to cough up while people suffer and die is bad!) and, of course - tho...

Part 1: Patricia and Christian talk with economist, author, and founder of Modern Money Lab Professor Steven Hail about the well-intentioned but counter-productive call for a wealth tax to "fund" vital support for vulnerable people.   Full conversation here: https://www.patreon.com/posts/126627127     Please help sustain this podcast!   Patrons get early access to all episodes and patron-only epis...

Patricia and Christian talk with author and activist Cory Doctorow about capitalism, culture and… [checks notes] marshmallows!     Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     All our episodes in chronological order: https://www.patreon.com/posts/43111643   All our patron-only episodes: https://www.pat...

Patricia and Christian talk with economist and author Dr Dirk Ehnts about Elon Musk's nonsensical ideas about how the money system works.     Please help sustain this podcast!   Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     All our episodes in chronological order: https://www.patreon.com/posts/43111643   All our patron-only episodes: http...

Part 2: Patricia and Christian continue their conversation with economist and author Dr Phil Armstrong about the least useful pieces of economic coverage from 2024.   This episode:   7) "Markets are natural!" 8) "Banks create all the money!" 9) Labour's Fiscal rule 10) "The government is helpless!"   Full conversation here: https://www.patreon.com/posts/patron-only-top-119833826   Please help sust...

Patricia and Christian talk with economist and author Dr Phil Armstrong about the least useful pieces of economic coverage from 2024. This episode: "The fiscal black hole!" "Taxpayer money!"   "Government 'borrowing!'" "Bond vigilantes!" More to follow in part 2.   Full episode here: https://www.patreon.com/posts/patron-only-top-119833826   Please help sustain this podcast!   Patrons get early acc...