Part 1 — The Land of Make Believe
Part one opens the dream world that Mrs Thatcher promised, and the ghosts that came back to disrupt it. When power begins to shift in society, everything becomes unstable, exciting and frightening. It wasn’t just the decline of political power, it was also a seismic shift in consciousness in Britain at the end of the 20th century, driven by individualism. #Monetarism #StephenHawking #BlackHoles #NF #Dubclashsoundsystem #Wankerontheline #Racistattacks #BucksFizz
''North Sea oil and gas revenues surged just as what looked like a government-generated recession hit. Rather than being used to modernise British manufacturing, rebuild infrastructure, or create sovereign wealth for future generations, oil and gas revenues were channelled into funding mass unemployment, cutting taxes for the wealthy, .... Britain burned its future to fund the anti-socialist neoliberal project. "
https://www.taxresearch.org.uk/Blog/2025/11/23/britains-oil-gas-and-finance-curses/
#monetarism #UKpolitics #neoliberalism
Britain’s oil, gas and finance curses

 In 1993, the economist Richard Auty coined the term “resource curse” to describe the paradox that countries with abundant natural resources often grow more slowly and less equitably than those without. The United Kingdom is not usually placed in that category. In my opinion, it should be. What happened to Britain...

Funding the Future
Paul Krugman challenges the comeback of "vulgar monetarism," debunking claims that only money supply drives inflation. He critiques Treasury Secretary Scott Bessent's narrow view blaming Fed actions under Biden, ignoring supply chain woes and sticky prices. Explore Krugman’s insights on tariffs, inflation causes, and Fed independence. #PaulKrugman #monetarism #inflation #economicpolicy #FederalReserve #tariffs #stickyprices Read more: https://paulkrugman.substack.com/p/money-isnt-everything
Money Isn’t Everything

Vulgar monetarism is making a comeback, and that’s a problem

Paul Krugman
“Foreigners own a quarter of #US #corporatebondsadamtooze.substack.com/p/top-links-... (the stuff on #MargaretThatcher and #monetarism is interesting, too)

Documentary Review: The Money Masters

Learn about the mysteries of modern monetarist theory (MMT). And a few conspiracy theories:

https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=19

#tiereddemocraticgovernance
#monetarism

:: TDG :: Blog

Documentary Review: The Money Masters

This documentary is a bit on the controversial, but it is also a primer about monetarist economics---if this is something you want to learn.

https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=19

#tiereddemocraticgovernance
#monetarism

:: TDG :: Blog

🔴 **Late Wittgenstein’s money**

_“In particular, I first consider the inflation hypothesis as a derivative of the commodity theory of money and therefore inherently linked to a purely quantitative regime of monetary management. I then argue that, based on the hinge proposition that money is a creature of law, money’s value might instead be grasped and engaged on the basis of its political and qualitative dimensions.”_

Steininger, L.E. (2025) ‘Late Wittgenstein’s money’, Finance and Society, pp. 1–8. doi: https://doi.org/10.1017/fas.2024.27.

#OpenAccess #OA #Article #DOI #Finance #Society #Monetarism #Wittgenstein #Philosophy #Money #Academia #Academics @finance @philosophy

Late Wittgenstein’s money | Finance and Society | Cambridge Core

Late Wittgenstein’s money

Cambridge Core

Documentary Review: The Money Masters

This documentary provides interesting insights into Modern Monetary Theory:

https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=19

#tiereddemocraticgovernance
#monetarism

:: TDG :: Blog

When #inflation exploded in 2021/22, apologists of #monetarism cried wolf (cf. attached article by the @financialtimes's Martin Wolf - pun intended). Yet they fell victim (again) to the original fallacy of their creed - thread 🧵
https://www.ft.com/content/0cd1d666-8842-4c82-8344-07c4e433a408

Documentary Review: The Money Masters

This documentary provides some details of how central banks work. It also gives us some plausible conspiracies of central banks involved in wars.

https://tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=19&id=19

#tiereddemocraticgovernance
#monetarism

:: TDG :: Blog