Wales

Warren Mosler uses the MMT lens to explain how both Scotland and Wales can enact progressive policies once they are separate from the rest of the United Kingdom In late August 2025, Warren Mosler, the founder of Modern Monetary Theory, delivered a landmark presentation in Cardiff. It was the first time he considered how his insights could be used to support the successful economic independence of both Wales and Scotland. "When you're trying to explain policy and what will work, what will be progressive, [mainstream assumptions are] a significant obstacle" - Warren Mosler. In sum, supporting policymakers in reframing and [...]