A member of the RBA Board says "there is no evidence of the emergence of a wage-price spiral in the present circumstances and recent data suggest such an outcome is unlikely". And yet, the Governor wants more unemployment. Gareth Hutchens, as always, writes well: www.abc.net.au/news/2026-09...
No evidence of a 'wage-price spiral' in Australia
There is no evidence of runaway wage growth emerging in Australia, RBA board member Iain Ross says.
abc.net.au
Did we say Sheridan Kates is one of our graduates? She is brilliant in this interview, which I recommend for a refreshing discussion of realistic and progressive economics. youtu.be/7MB_2G5MeNE?...
Ed Poole speaks to Sheridan Kates about Fiscal Referees
YouTube video by Amplify with Ed Poole
youtu.be
Professor Andrew Trigg will be talking about his new book, "Heterodox Economics", on Wednesday (evening in Australia; lunchtime in Europe). Join us live if you can. Like all our public talks, it is free: events.humanitix.com/trigg-hetero...
Professor Andrew Trigg on Heterodox Economics
Professor Trigg joins us to discuss his new book, Heterodox Economics.
events.humanitix.com
Rising bond yields are mainly a function of expectations about rising policy interest rates. There are some other minor factors, but it has nothing to do with a collapse in the USD, default risk or anything like that. If the USD collapsed, the following line would be steeply downward sloping.
"there is now an online master’s degree in sustainability (offered by Torrens University) that uses as its core economic theory one derived from Post Keynesian economics and MMT." Thanks to Saas and Harvey, for this reference to our course. www.tandfonline.com/doi/full/10....
A Rhetorical History of Modern Money Theory
Over the course of its development across three decades, the heterodox school of political economy known as Modern Money Theory (MMT) progressed from a state of total obscurity to widespread notori...
tandfonline.com
A terrific article by David Olney, who some will remember from his Blind Insights podcast series with Tim Whiffen. "Each change made sense to somebody, rewarded somebody, or solved part of a problem. Together, they produced a mess." davidolney.com.au/how-the-hell...
How the hell did we get here? Why the West is a mess - David Olney
David James Olney31 August, 2026A systems account of political economy, social connection, emotional maturity, health, and institutional problem solving Executive SummaryHow the hell did we get here? ...
davidolney.com.au
Join a Q and A session this week and meet our Economics of Sustainability program Academic Director Steven Hail: 🌎Thurs 27/8 morning Australia / Wed 26/8 evening USA and Canada 🌍Thurs 27/8 evening Australia / Wed 26/8 morning UK and midday Europe 📧 info@modernmoneylab.org.au for the zoom link
We are confident we have not been wasting our time.
We will be there. Unfortunately, our Premier takes the absence of any serious opposition party in South Australia as a ticket to do whatever he likes. We the people do not want to lose what is unique about Adelaide for the sake of a motorbike race through the City. Stop the Chop!
Other than Torrens University, the institution with which we have been most closely linked in recent years is Bennington College, Vermont. Bennington is famous for its approach to liberal arts education, and also notable as the home of Karl Polanyi, author of the classic The Great Transformation.
When I shared photos of various prominent performers who are students or graduates of our Economics of Sustainability program I omitted a photo of the South African jazz musician, Buddy Wells/ Let me put that right. Check him out: www.youtube.com/@buddywells5...
Good to see this. MMT on the move in Australia. Shireen Morris & Matthew Crocker (15 Jul 2026): Australian Monetary Sovereignty: Origins, Evolution and Implications for Federal Spending, Review of Political Economy. dro.deakin.edu.au/ndownloader/...
dro.deakin.edu.au
In case anyone would like to know what we discussed at an event entitled From Austerity to Resilience in June in Stockholm. A One-Day MMT Seminar in Stockholm stevenhailaus.substack.com/p/a-one-day-...
A One-Day MMT Seminar in Stockholm
FROM AUSTERITY TO RESILIENCE - HOW WE CAN BUILD A BETTER ECONOMY
stevenhailaus.substack.com
Matt Crocker is a former student of Steven, who was his Master's degree supervisor at the University of Adelaide. Since then, Matt has completed a PhD at Deakin on Australia's monetary system. We love Matt's video - youtu.be/vqsMGUH8Phk?...
Have you Ever Wondered how the Australian government spends money?
YouTube video by Deakin University
youtu.be
More wisdom from Susan Borden of Modern Money Lab. The 3Ds: Donella, the Doughnut, and Deficits That Matter susanborden.substack.com/p/the-3ds-do...
The 3Ds: Donella, the Doughnut, and Deficits That Matter
Part Three
susanborden.substack.com
Some of our current students and graduates. Still time to join them on our graduate program in September, & we also have start dates in February and June each year. We specialise in Modern Monetary Theory and ecological economics - economics for the 21st century. www.torrens.edu.au/courses/busi...
Both Sheridan and Christian are graduates of Modern Money Lab/Torrens University Australia. youtu.be/ErNyNcrXGbU?...
#217 Shaping Green Party Policy with Sheridan Kates
YouTube video by MMT Podcast with Patricia Pino & Christian Reilly
youtu.be
We love happy students. If you're thinking about joining our Graduate Program, next month or at some point in the future, we would love to have a chat with you! Students of all ages and backgrounds welcome. modernmoneylab.org.au/courses/ Contact us with your questions: info@modernmoneylab.org.au
Modern Money Lab Guest Speaker (as usual, a free online event) - Wed, 9 Sep, 7:30pm - 8:30pm ACST Professor Andrew Trigg joins us to discuss his new book, Heterodox Economics. Join us if you can! events.humanitix.com/trigg-hetero...
Professor Andrew Trigg on Heterodox Economics
Professor Trigg joins us to discuss his new book, Heterodox Economics.
events.humanitix.com
This bonus Q&A session with Professor Stephanie Kelton held on 21 July 2026 follows three talks we ran for a workshop (entitled "From Austerity to Resilience") in Brussels in June 2026. youtu.be/qoo_77RNNck?...
"From Austerity to Resilience" MMT Q&A with Stephanie Kelton
YouTube video by Modern Money Lab
youtu.be
Every news item in the UK at the moment has the same theme, repeated over and over again. The theme is 'how to pay for it', whether the topic is social care, or whatever else.
"The love of money as a possession will be recognised for what it is, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease." John Maynard Keynes Economic Possibilities for our Grandchildren 1930
CAKE@thebandcake.bsky.social · 2mo ago
Excellent work by our old friend, Lachlan McCall, who incidentally played a big role in the 2020 Adelaide Conference which has led on to so much, including our Masters degree. www.abc.net.au/news/2026-07...
Factory-built homes could help Australia reindustrialise, report says
Factory-built homes could solve Australia's housing crisis and drive reindustrialisation, a Labor think tank report says.
abc.net.au
The 3Ds: Donella, the Doughnut, and Deficits That Matter substack.com/@susanborden...
The 3Ds: Donella, the Doughnut, and Deficits That Matter
PART TWO
substack.com
What a privilege it was to travel to beautiful European cities, and meet new and old friends to talk #MMT & Anti-Austerity Economics. Our workshops sow seeds of change - Modern Money Lab is now growing on 3 continents. modernmoneylab.eu @modernmoneylab.org.uk @mmlusa.bsky.social
Modern Money Lab has been a registered not-for-profit in Australia since more or less when we started. It is much harder to get tax-deductibility status, which is essentially full charity status, for donations from Australian taxpayers.
Another brilliant piece of writing by Modern Money Lab’s Susan Borden. Donella, the Doughnut, and Deficits that Matter open.substack.com/pub/susanbor...
Donella, the Doughnut, and Deficits that Matter
PART ONE
open.substack.com
The hottest day ever recorded in the UK in May is 35.1°C (95.2°F), which was set on May 26, 2026, at Kew Gardens in Greater London. The hottest day ever recorded in the UK in June is 37.3°C (99.1°F), which was set on June 26, 2026, in Suffolk. Nigel Farage thinks this is funny.
I can't get past the paywall, but I am most grateful a Swedish journalist is taking an interest in us. We are in Stockholm on Saturday. www.etc.se/ekonomi/aust...
Australiska ekonomigurun: Sverige stramar åt – på grund av myter
Steven Hail: Därför har Sverige bostadskris och hög arbetslöshet.
etc.se
Having done Brighton and Durham (private event), next weekend we will be running our From Austerity to Resilience workshops in Stockholm (Saturday) and Brussels (Sunday). events.humanitix.com/anti-austeri... events.humanitix.com/anti-austeri...
From Austerity to Resilience - How to Build a Better Economy | Brussels
A one-day workshop on MMT as a guide to economic policy analysis, anti-austerity economics, and promoting social justice and ecological sustainability.
events.humanitix.com