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William’s recent articles
MMT work in support of the climate movement
The scope of MMT work in support of the climate movement proves that the climate movement finds a natural economic ally in MMT Modern Monetary Theory highlights that almost all nations have more fiscal space [...]
Assumptions about government finances are stymying the climate response
Assuming that governments are financially constrained—rather than resource-constrained—stymies the climate response. Given the urgency with which states must mobilise to mitigate and adapt to the ecological crisis, we must develop and share a better understanding [...]
Scottish Government New Bonds
By borrowing from the financial markets, the Scottish government seeks to reduce its financial obligations to the UK government. Soon, the Scottish government will issue its own bonds. As outlined in the Scottish Government announcement, [...]
Private sector debt in Scotland
Private sector debt in Scotland - the real ticking time bomb You can be sure of one thing. If politicians and mainstream economists are not talking about something, it must be important. We live in [...]
The EU’s SGP in an independent Scotland
Adopting the EU's SGP in an independent Scotland will undermine economic resilience. Discussion paper: Undermining Economic Resilience - The Economic Impact of Adopting the European Union’s Stability and Growth Pact in an Independent Scotland. Dr [...]
The MMT lens for an independent Scotland and 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 [...]

