We can create well-being for all, not just a few.
What is MMT?
MMT (Modern Monetary Theory) is a branch of economics concerned with contemporary, real-world implications of the monetary system and economics.
This contrasts to mainstream economics which is built upon unrealistic assumptions about a macroeconomic environment that has not existed for decades.
We could do much better.
There is a lot of suffering caused by governments making policy decisions based on out-of-date mainstream (Neoclassical / Neoliberal) economic theories. How often have you heard a politician say "Gee, yes, we would love to spend more on Health / Education / Environment / Housing, etc, but we just don't have the money". MMT shows definitively why that is false. The application of an understanding of how the monetary system actually works could alleviate so much suffering and dramatically add to our collective well-being.
Of course, those who benefit from the current system might have their well-being eroded by the application of the MMT understanding; which is why politicians base their policies on discredited economic theories. One must always ask: Who benefits?
What matters to you?
Imagine Australia where the things that matter to you have been realised. An understanding of MMT offers a path to that better future, no matter where you sit on the political spectrum.
The purpose of this website is to offer you a useful subset of the existing resources to help you understand MMT and why this knowledge is essential for better policy making and delivery.
It is Australia-focussed but if you are from another country the resources can generally be applied. For residents of the Eurozone: the application of MMT is more complicated than for countries like Australia. USA, UK, Japan, NZ, China, etc.
Start here...
These two videos will give you a great understanding of MMT in just 12 minutes:
For more: Getting started with MMT