Sunday, October 16, 2011

Harvard International — interview of Bill Mitchell

An Interview with Bill Mitchell
October 16, 2011 by Winston Gee
Bill Mitchell is the Research Professor in Economics and the Director of the Centre of Full Employment and Equity at the University of Newcastle, Australia. The following is an edited transcript of the interview, conducted August 15, 2011.

h/t Keven Fathi

1 comment:

Clonal said...


Bill expands on the interview, and its implications for #OWS - An understanding of MMT can energise the progressive fight back.

I think Modern Monetary Theory (MMT) does provide insights to the general population that are not only obscured by the mainstream media but which if they are broadly understand will empower the 99% to demand governments redefine their roles with respect to the non-government sector. Part of that re-negotiation has to be to reduce unemployment and redistribute national income more equally. We will also be better placed to have a sensible discussion about the human footprint on the planet. The three goals – full employment, reduced inequality and environmental harmony – should be central to the current civic protests (such as OWS).