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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" > <channel> <title>William Mitchell – Modern Monetary Theory</title> <atom:link href="https://billmitchell.org/blog/?feed=rss2" rel="self" type="application/rss+xml" /> <link>https://billmitchell.org/blog</link> <description>Macroeconomic research, teaching and advocacy</description> <lastBuildDate>Thu, 02 May 2024 03:54:44 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.5.2</generator><site xmlns="com-wordpress:feed-additions:1">215526226</site> <item> <title>The green growth paradigm has a long tradition – which has never been supportable</title> <link>https://billmitchell.org/blog/?p=61718</link> <comments>https://billmitchell.org/blog/?p=61718#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 02 May 2024 03:54:06 +0000</pubDate> <category><![CDATA[Climate change]]></category> <category><![CDATA[Degrowth]]></category> <category><![CDATA[Demise of the Left]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61718</guid> <description><![CDATA[In October 1987, the United Nations published a report – Our Common Future – (aka Brundland Report) which was the work of the then World Commission on Environment and Development (WCED) – that was chaird by the then Norwegian Prime Minister Gro Harlem Brundtland. It laid out a multilateral approach to dealing with climate change…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61718</wfw:commentRss> <slash:comments>1</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61718</post-id> </item> <item> <title>The yen, podcast, and book announcement – all on International Workers’ Day</title> <link>https://billmitchell.org/blog/?p=61714</link> <comments>https://billmitchell.org/blog/?p=61714#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 01 May 2024 02:45:16 +0000</pubDate> <category><![CDATA[Admin]]></category> <category><![CDATA[Manga]]></category> <category><![CDATA[MMTed]]></category> <category><![CDATA[Music]]></category> <category><![CDATA[Podcast]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61714</guid> <description><![CDATA[It’s Wednesday and today I consider the current yen situation which is causing some hysteria in the financial media even though there is not much to worry about. I also provide access to my latest podcast with the Washington-based Bad Faith, which traverses issues of class, the demise of the Left, Modern Monetary Theory (MMT)…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61714</wfw:commentRss> <slash:comments>4</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61714</post-id> </item> <item> <title>Japan’s municipalities disappearing as population shrinks</title> <link>https://billmitchell.org/blog/?p=61706</link> <comments>https://billmitchell.org/blog/?p=61706#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Mon, 29 Apr 2024 06:17:02 +0000</pubDate> <category><![CDATA[Degrowth]]></category> <category><![CDATA[Japan]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61706</guid> <description><![CDATA[I have just finished reading a report from the Population Strategy Council (PSC) of Japan – 令和6年・地方自治体「持続可能性」分析レポート (2024 Local government “sustainability” analysis report) – that was released last week April 24, 2024). The study found that around 40 per cent of the towns (municipalities) in Japan will likely disappear because their populations are in rapid…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61706</wfw:commentRss> <slash:comments>12</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61706</post-id> </item> <item> <title>Australia’s inflation rate continues to fall yet some bank economists think further interest rate rises are possible</title> <link>https://billmitchell.org/blog/?p=61693</link> <comments>https://billmitchell.org/blog/?p=61693#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 25 Apr 2024 06:28:48 +0000</pubDate> <category><![CDATA[Central banking]]></category> <category><![CDATA[Inflation]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61693</guid> <description><![CDATA[Yesterday (April 24, 2024), the Australian Bureau of Statistics (ABS) released the latest – Consumer Price Index, Australia – for the March-quarter 2024. The data showed that the inflation rate continues to fall – down to 3.6 per cent from 4 per cent in line with global supply trends. There is nothing in this quarterly…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61693</wfw:commentRss> <slash:comments>5</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61693</post-id> </item> <item> <title>IMF now claiming that Japan has to inflict austerity when the government’s current policy settings a maintaining stability</title> <link>https://billmitchell.org/blog/?p=61692</link> <comments>https://billmitchell.org/blog/?p=61692#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 24 Apr 2024 02:01:01 +0000</pubDate> <category><![CDATA[European Union]]></category> <category><![CDATA[Eurozone dystopia]]></category> <category><![CDATA[Fiscal policy]]></category> <category><![CDATA[IMF]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61692</guid> <description><![CDATA[It was only a matter of time I suppose but the IMF is now focusing its nonsensical ‘growth friendly austerity’ mantra on Japan. In a recent interview, the former Portuguese Finance Minister now in charge of the IMF’s so-called ‘Fiscal Affairs Department’, Vitor Gaspar claimed that Japan is now in a precarious position and must…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61692</wfw:commentRss> <slash:comments>6</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61692</post-id> </item> <item> <title>Signs of weakening in the Australian labour market</title> <link>https://billmitchell.org/blog/?p=61680</link> <comments>https://billmitchell.org/blog/?p=61680#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 18 Apr 2024 02:52:43 +0000</pubDate> <category><![CDATA[Labour Force]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61680</guid> <description><![CDATA[Today (April 18, 2024), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for March 2024, which shows that the labour market is weakening with employment falling and unemployment rising now that more normal patterns in behaviour after the holiday period disruption have returned. The good news is that full-time employment…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61680</wfw:commentRss> <slash:comments>3</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61680</post-id> </item> <item> <title>Why is Brussels supporting Ukraine?</title> <link>https://billmitchell.org/blog/?p=61677</link> <comments>https://billmitchell.org/blog/?p=61677#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 17 Apr 2024 06:53:11 +0000</pubDate> <category><![CDATA[European Union]]></category> <category><![CDATA[Eurozone dystopia]]></category> <category><![CDATA[Music]]></category> <category><![CDATA[Politics]]></category> <category><![CDATA[Reclaim the State]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61677</guid> <description><![CDATA[It’s Wednesday, and as usual I scout around various issues that I have been thinking about rather than write a consolidated analysis on one topic. Today, I consider the question of why the EU elites are spending billions supporting the Ukraine government against Russia. They claim that Russia poses a major threat to European freedom…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61677</wfw:commentRss> <slash:comments>30</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61677</post-id> </item> <item> <title>The IMF has outlived its usefulness – by about 50 years</title> <link>https://billmitchell.org/blog/?p=61673</link> <comments>https://billmitchell.org/blog/?p=61673#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Mon, 15 Apr 2024 02:08:26 +0000</pubDate> <category><![CDATA[Central banking]]></category> <category><![CDATA[IMF]]></category> <category><![CDATA[Inflation]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61673</guid> <description><![CDATA[The IMF and the World Bank are in Washington this week for their 6 monthly meetings and the IMF are already bullying policy makers around the world with their rhetoric that continues the scaremongering about inflation. The IMF boss has told central bankers to resist pressure to drop interest rates, even though it is clear…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61673</wfw:commentRss> <slash:comments>2</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61673</post-id> </item> <item> <title>Book review: Fiat Socialism by Carlos García Hernández</title> <link>https://billmitchell.org/blog/?p=61671</link> <comments>https://billmitchell.org/blog/?p=61671#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 11 Apr 2024 02:26:35 +0000</pubDate> <category><![CDATA[Politics]]></category> <category><![CDATA[Reclaim the State]]></category> <category><![CDATA[Reclaiming community]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61671</guid> <description><![CDATA[When I was in London recently, I caught up with my good friend Carlos García Hernández, who is a Spanish radical and has a book publishing business – Lola Books – in Berlin, which publishes in English, German, Spanish and Italian. He gave me a copy of his own recently published book (2023) – Fiat…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61671</wfw:commentRss> <slash:comments>11</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61671</post-id> </item> <item> <title>Latest European Union rules provide no serious reform or increased capacity to meet the actual challenges ahead</title> <link>https://billmitchell.org/blog/?p=61666</link> <comments>https://billmitchell.org/blog/?p=61666#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 10 Apr 2024 06:35:30 +0000</pubDate> <category><![CDATA[Climate change]]></category> <category><![CDATA[Coronavirus]]></category> <category><![CDATA[Demise of the Left]]></category> <category><![CDATA[European Union]]></category> <category><![CDATA[Fiscal policy]]></category> <category><![CDATA[Music]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61666</guid> <description><![CDATA[It’s Wednesday and we have discussion on a few topics today. The first relates to the new agreement between the European Parliament and the European Council that was announced on February 10, 2024, which purports to reform the fiscal rules structure that has crippled the Member States of the EMU since inception. The reality is…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61666</wfw:commentRss> <slash:comments>8</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61666</post-id> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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