17 Jul, 2026
2 mins read

My blog is flying back to Australia … back Wednesday – William Mitchell – Modern Monetary Theory – Beragampengetahuan

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12 mins read

Australian inflation rate falls sharply as supply pressures ease – William Mitchell – Modern Monetary Theory – Beragampengetahuan

Today’s post is a complement to my post on earlier this week – So-called ‘Team Transitory’ declared victors (January 8, 2024). Yesterday (January 10, 2024), the Australian Bureau of Statistics published the latest – Monthly Consumer Price Index Indicator – for November 2023, which showed another sharp drop in inflation. The data are the closest […]

1 min read

My blog is on holidays – William Mitchell – Modern Monetary Theory – Beragampengetahuan

My blog is on holidays until Wednesday, January 3, 2024. Here are two photos from the local coast this morning. The day started with a special Xmas day Parkrun in very stormy conditions. On the way back to my house, I stopped at one of my favourite locations nearby on the South Coast of Victoria […]

1 min read

(Video) William Saliba’s honest take on Odegaard handball incident – Beragampengetahuan

William Saliba was honest enough to admit that Arsenal got away with a big refereeing error in their 1-1 draw against Liverpool this evening. The Gunners somehow didn’t have a penalty given against them in the 20th minute when Martin Odegaard clearly and deliberately handled the ball inside the box, with VAR’s failure to intervene […]

12 mins read

Prosperity of Australian households going south, while Keir Starmer praises Margaret Thatcher – William Mitchell – Modern Monetary Theory – Beragampengetahuan

I am covering a few topics today, given that I used yesterday’s post space to analyse the national accounts release. There is a further point I wish to make about the latest national accounts data. A focus on real household disposable income shows the full extent of the impacts of monetary policy (rate hikes) and […]

1 min read

Letter from The Cape Podcast – Episode 19 – William Mitchell – Modern Monetary Theory – Beragampengetahuan

Episode 19 of my – Podcast – Letter from The Cape – is now available. Coming today from The Cape, Victoria, Australia. In this episode, I discuss the mess that privatisation and public-private partnerships have created. I note that these arrangements were all justified by the claim that the governments had run out of money […]

1 min read

The Smith Family manga continues – Episode 4 is now available – William Mitchell – Modern Monetary Theory – Beragampengetahuan

Episode 4 in our new weekly Manga series – The Smith Family and their Adventures with Money – is now available. Have a bit of fun with it and circulate it to those who you think will benefit … The Smith Family are a middle-class family living in a city somewhere in the world. The […]

12 mins read

Launching the CofFEE Financial Resilience Barometer – Version 1.0 – William Mitchell – Modern Monetary Theory – Beragampengetahuan

It’s Wednesday and while there is a lot to write about, I am prioritising the release today of our latest research at the Centre of Full Employment and Equity (CofFEE). The release of what we are calling the – CofFEE Financial Resilience Barometer – Version 1.0 – is part of a research collaboration I have […]

14 mins read

IMF paper on Africa exemplifies why the mainstream approach is problematic – William Mitchell – Modern Monetary Theory – Beragampengetahuan

During the – 1997 Asian financial crisis – when the IMF intervened and imposed harsh structural adjustment packages on the impacted countries (cuts in spending and interest rate hikes), we learned that IMF officials would swan in from Washington to, for example, Seoul, for a weekend, hole up in expensive hotels and by the end […]

1 min read

William Byron, already in the Round of 8, leads the way – Beragampengetahuan

The winningest driver of the 2023 NASCAR Cup Series season already knows he’s through to the next round of the playoffs two weeks ahead of time. William Byron, who already had a season-high five wins coming into Sunday at Texas Motor Speedway, notched his sixth victory of the season to clinch a spot in the […]