MMT's Substack
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| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 84 | Founded | 8 months ago | Last Issue | 9 days ago |
| Active | |||||
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mmtmichael.substack.comLatest Issues
The Failure of Mechanical Rules
An InfoGraphic Novella
The Bank Charter Act 1844 and the Overend Gurney Crisis
The Failure of Mechanical Rules
The Bank Charter Act 1844, also known as Peel’s Act, was the legislative incarnation of the Currency School’s theolo...
From Conception to Consumption
An Info Graphic Novella
Out of Nothing:- A Pound
The United Kingdom is the monopoly issuer of a floating fiat currency. As a self‑financing state it operates on a premise that distinguishes legal authorisation from financial constr...
Overpaid, Oversexed and Over here
A Graphic Novella
The phrase “overpaid, over sexed, and over here,” widely attributed to British civilians and servicemen during World War II, is a time specific articulation of a much older and more general phenomenon. The first two pa...
A Thousand Paper Cuts
A Graphic Novella
The First Western Fiat
The Massachusetts Bay Colony’s experiment with paper money in 1690 stands as a foundational event in the history of modern finance, representing the first instance of a government in the Wes...
Pecunia Potentia Ordo
An Infographic Novella
Money Rolls Uphill
From a United Kingdom perspective, the modern architecture of sovereign debt management is best understood not as a necessary fiscal constraint but as an institutional construct that obscur...
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Hoping to put the ECO in ECOnomics. Once you understand how economics shapes our world and can be used to help in most of our crises, you will get it.
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