Bill Mitchell | Billy blog

Macroeconomic research, teaching and advocacy
  1. More misery and dysfunction coming for France – as the fiscal rules bite
    For all those Europhile progressives who have held out that reform is the way to deal with the neoliberalism of the European Union and even, in some...
  2. Shipping disruptions unlikely to precipitate another inflation surge
    It’s Wednesday and while I usually have a few topics to discuss, today I am concentrating on the recent disruptions to shipping channels and...
  3. Kyoto Report 2024 – 1
    This Tuesday report will provide some insights into life for a westerner (me) who is working for an extended period at Kyoto University in Japan....
  4. IMF surcharges cripple the poorest nations and transfer wealth from the poorest to the richest nations
    I am now working in Kyoto again and have a full day’s commitments ahead of me. But as part of my on-going research I have been investigating...
  5. Episode 6 of the Smith Family Manga (Season 2) is now available – Environmental disaster strikes
    Today (October 3, 2024), MMTed releases Episode 6 in the Second Season of our Manga series – The Smith Family and their Adventures with Money....
  6. Recent and upcoming elections tell us a lot about how far gone the global order is
    It’s Wednesday and I am flat out finishing things today as I am off to Japan again to work once again at Kyoto University. I will keep you...
  7. Class origins matter – but who are the agents of change?
    The celebratory headlines in Australia today are about how the Federal government has just recorded two consecutive financial year fiscal surpluses,...
  8. Biocapacity constraints and full employment – Part 1
    This week, the Australian government (Labor) did the unthinkable. It approved three thermal coal mine expansions in NSW – the Environment...
  9. Australian Treasurer refuses to use his legislative power to rein in the rogue RBA
    It has been quite the week in central banking terms in Australia. We had the Federal Greens economic justice spokesperson demanding that the Federal...
  10. More economists are now criticising the British government’s fiscal rules – including those who influenced their design
    There is renewed debate in Britain at present on the use and design of the new government’s fiscal rules, which many people are now saying...