MMT (and MMT-ish) Podcasts

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James Keenan

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Aug 11, 2022, 4:00:44 PM8/11/22
to Modern Monetary Theory

Many people enjoy listening to podcasts -- particularly people who have long commutes to work, whether by car or by mass transit. I'm retired, hence no longer a commuter, hence, not a big podcast listener. But I had lunch the other day with an MMT colleague who has a long auto commute, so the concept of podcasts is on my mind.

Many people enjoy listening to podcasts -- particularly people who have long commutes to work, whether by car or by mass transit. I'm retired, hence no longer a commuter, hence, not a big podcast listener. But I had lunch the other day with an MMT colleague who has a long auto commute, so the concept of podcasts is on my mind.

However, if you do enjoy podcasts, there is an abundance of MMT-related podcasts for you to listen to. Let me just name three podcast series which are in active production:

As they say over and over on public radio, you can get these "wherever you get your podcasts."

Now, if you do listen to these podcasts and you find episodes that are particularly compelling, please post about them here on this list. Write two or three sentences on what you found interesting in the podcast. Include a URL and, perhaps, the start-time to a 5-minute snippet of the podcast.

Also, today I listened for the first time to a podcast being co-hosted by MMT expert Stephanie Kelton: MarketWatch's Best New Ideas in Money. This series appear to be a "general economics" podcast; Kelton's co-hosting notwithstanding, it's not MMT-specific. MarketWatch is part of the Dow Jones Network (i.e., part of Rupert Murdoch's empire) and has lots of resources to devote to projects like this podcast. The podcast is slickly produced and contains commercials.

The episode I caught today was The Recession Question. In addition to back-and-forth between Kelton and co-host Charles Passy, it contained excerpts from interviews with two other progressive economists: Claudia Sahm (whose Stay-At-Home Macro blog I subscribe to, and David "Danny" Branchflower, who has collaborated with both Mark Blyth and Richard Murphy. Now, if you consume a lot of political economy-related blogs and articles, you may find the material in this podcast a bit simplistic. But if you are introducing someone who listens to podcasts to the world of MMT, this might be a good bet.

mgraves mstvp.com

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Aug 11, 2022, 5:19:27 PM8/11/22
to James Keenan, Modern Monetary Theory

James,

 

Good advice on podcasts! I can certainly add my 2 cents.

 

The MMT Podcast with Patricia Pinot and Christian Reilly

I have been an avid supporter of The MMT Podcast with Patricia Pinot and Christian Reilly for years, going back about 100 of their 148 episodes! Their efforts are consistently high-quality, both information and production. Five stars! Highly recommended. The only time I’ve ever felt compelled to increase the amount I pay for a podcast. Twice!

 

Macro N Cheese

Have not tried these. I find Steve Grumbine hard to take. He can be quite abrasive. Willing to try them again. I would be open to suggestions for episodes that are noteworthy.

 

Best New Ideas in Money

As you note, while they had some initial episodes that were MMT-informed, they have pivoted to a more mainstream focus. Not nearly as cutting edge as other efforts. Dow Jones Digital Networks is a former client of mine. This effort is completely inline with what I would expect of them. Pretty conservative.

 

Money on the Left

I‘ve been giving this group a try recently. They have several podcasts by and for academic audiences. That means that they can be a little gratuitous at times. The level of language and abstraction can get a bit heady. One episode I would recommend discusses the fight against a recent effort to get the city of Austin TX to adopt crypto-currency. https://moneyontheleft.org/2022/06/01/municipal-money-after-crypto-austin-edition/

 

Also, Rohan Grey on E-Cash: https://moneyontheleft.org/2022/03/28/the-ecash-act-with-rohan-grey/

 

Odd Lots

This Bloomberg podcast is consistently good quality. While generally addressing issues of markets, the hosts lean toward MMT and have covered MMT specifically in the past. https://podcasts.apple.com/us/podcast/stephanie-kelton-on-how-mmt-won-the-fiscal-policy-debate/id1056200096?i=1000513528089

 

The Current Affairs Podcast: Is MMT Real?

Current Affairs is a small magazine with a supporting podcast. If you search their site for “MMT” you get some articles, like this one: https://www.currentaffairs.org/2020/08/our-money-where-our-mouth-is. They had a podcast series in 2020/21 called “Is MMT Real?” In this series the hosts interviewed a dozen MMT advocates and skeptics to try and inform themselves. Alas, the podcast is only for their Patreon sponsors, at $5/mo. I paid them for a month just to download all 12 episodes. While the hosts can be annoying, playing dumber than they are, the guests were quite good. They included; Stephanie Kelton, Rohan Grey, Nathan Tankus, Fadhel Kaboub & Patricia Pinot.

 

They do publish transcripts of the interviews, like this one: https://www.currentaffairs.org/2021/05/pavlina-tcherneva-on-mmt-and-the-jobs-guarantee

 

Debunking Economics with Prof Steve Keen

Steve Keen is an Australian economist, once an MMT detractor, now an MMT proponent. Many episodes of his podcast is available to Patreon subscribers for just $1/mo. He also appears elsewhere quite often. For example: https://www.youtube.com/watch?v=8F9pIGDVdIw

 

Michael Graves

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mgraves mstvp.com

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Aug 12, 2022, 3:19:11 PM8/12/22
to Modern Monetary Theory

“This is a live demonstration of using the free, Open Source system dynamics program Minsky to illustrate the fundamental points of "Modern Monetary Theory". As I say at the end, Minsky is my gift to the #MMT community, and I would be delighted if MMT advocates adopt it to establish the fundamental insights of MMT that flow from the strictly correct accounting of financial stocks and flows that Minsky enables.

 

I use the latest beta version of Minsky, which you can download from https://sourceforge.net/projects/mins.... This version implements Minsky's front end in the Javascript programming language, replacing the Linux-based Tcl/Tk front end the program has had since its inception in 2012.  We will very soon release version 3.0 of Minsky, so before you download, please check to see whether the Download button at https://sourceforge.net/projects/mins... links to Minsky 3.0 , or whether it points to the final Tcl/Tk version (2.3.51). If the latter, download the latest beta; if the former, just use the download button.

 

Though Minsky is free software, developing Minsky is not free. We would appreciate financial support to either or both of myself (via https://www.patreon.com/ProfSteveKeen or https://profstevekeen.substack.com/) and Minsky itself (via https://www.patreon.com/hpcoder) to keep its development going.”

 

https://www.youtube.com/watch?v=DoMPlG5kgNE&t=23s

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