Mentions
What was said, and which frame it usedEvery item the dashboard counts, newest first. The marked words are the phrases that made it count; the tags say whether it used an opposing frame, an MMT-consistent idea, or named MMT. These are keyword matches: whether an item endorses or attacks an idea is shown once our classifier's accuracy is published.
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Jarrow Crusade
…n by 2029, we have begun rolling out youth guarantees across Great Britain. The youth guarantee gateway is now available in jobcentres. We are expanding youth hubs. We have launched the £3,000 youth jobs grant and are rolling out the jobs guarantee. Youth hubs are a crucial part of our youth guarantee. They bring together the employment skills and wider support that young people need to move into work, training or education. By expanding the network to over 360 locations across the country, more young people will be able to access personalised and wraparound support in their local community.
- MMT-consistent idea: Job guarantee
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No 10: Hegseth ‘wrong’ to say most non-US Nato soldiers didn’t fight in Afghanistan – as it happened
…ion an expert like Prof Fonagy rather than a Blairite former minister, you get a far more coherent analysis of the issues affecting young people and their mental health … The Green party has a proper jobs guarantee for young people – real jobs, with real training and rights at work. It would be funded by those who can afford to contribute, not by cutting support for those least able to cope. During defence questions, Edward Leigh, the Conservative MP and father of the Commons, asked Wes Streeting about the Diego Garcia military base on the Chagos Islands. Given that it was “to all intents an…
- MMT-consistent idea: Job guarantee
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Minns accused of bypassing high court ruling with laws to allow NSW mine to increase coal production by 32%
…pany, it’s become apparent that there are 400 jobs on the line that will go before Christmas without this intervention,” Minns said on Monday. He said if the bill passed, MACH Energy had agreed to a “jobs guarantee” to ensure that the current permanent workforce was retained until 2032. The NSW Greens climate spokesperson and environmental lawyer Sue Higginson said: “This is an incredible new low for the Minns Labor government, bypassing the planning process and the law as laid down by the high court of Australia. “One thing is clear, under Labor the coal mining giants are writing the laws,…
- Opposing frame: How will you pay for it?
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Seven Schools and a Missing Tax: A Survey of the Post-Neoliberal Field
…ublic investment, industrial revival, antitrust, care provision, and wage floors capitalise into location value, a field without a land instrument leaks its own achievements to the landowner. Fourth, Modern Monetary Theory is present in the field as an ingredient rather than a recipe: it is adopted as description by Geochartalism, the Politics of Care, and the chartalist wing of the Green New Deal, conceded in its operational core by the Niskanen Center, and not present in the texts we have read of the other three. Its one prescriptive element, the Job Guarantee, does not follow the descript…
- MMT-consistent idea: Currency issuer
- MMT-consistent idea: Job guarantee
- MMT by name: MMT by name
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Employment Support: Young People
…this House. As I have said, we are putting forward an additional £2.5 billion of investment in the youth guarantee and the growth and skills levy. We have recently announced that we are expanding the jobs guarantee to help eligible young people receiving health-related benefits. They should not be signed off and written off. Another point raised in her question is that too often in these debates, young people are attacked in a negative narrative in which they are described as “snowflakes” and “shirkers”. She is right to say that, given the chance, young people want to work, want to have a fu…
- MMT-consistent idea: Job guarantee
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Employment Support: Young People
…part of the youth guarantee. They bring together employment and skills, with wider support that often involves housing and health advice. They are an important feature of the Dutch system, where the NEET rate is one third of ours. We are expanding the network to over 360 locations across Great Britain, and the whole idea is to get the help that a jobcentre can provide out of the jobcentre and into the community. There are also other important parts of the youth guarantee, such as hiring bonuses, an extra 300,000 work experience places and a jobs guarantee for the long-term young unemployed.
- MMT-consistent idea: Job guarantee
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Topical Questions
Birmingham has been piloting a jobs guarantee scheme since April. An employment roundtable that I ran in Selly Oak saw lots of young people who lack confidence in their communication skills to enable them get back into work after being on universal credit for 18 months. Will the Secretary of State commit to publishing how many pilot participants are still in work once the six months is over?
- MMT-consistent idea: Job guarantee
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Topical Questions
I am grateful to my hon. Friend; I enjoyed the visit to his constituency a few weeks ago to support young disabled people. He is right in what he says about long-term youth unemployment. That is why we have the jobs guarantee, and we will publish a full evaluation of its effects.
- MMT-consistent idea: Job guarantee
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Employment Support: Young People
…tional £2.5 billion, as part of the youth guarantee, to create up to 500,000 opportunities to earn and learn over the next few years, and we have begun to roll this out across Great Britain. The gateway to the youth guarantee is available in jobcentres. We are expanding youth hubs, we have launched the £3,000 youth jobs grant, and we are rolling out the jobs guarantee for young people who are long-term unemployed. I recently met the first beneficiaries of the jobs guarantee at Boots headquarters in Nottingham and saw the huge difference that having a job made to the young people taking part.
- MMT-consistent idea: Job guarantee
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A Review of Modern Monetary Theory: From Foundations to Policy Proposals
The paper traces the intellectual foundations of MMT through chartalism, the credit theory of money, Keynesian economics, and functional finance. It examines the concept of monetary sovereignty and analyses the operational relationship between government spending, taxation, public debt, central banking, interest rates, and sectoral balances. It also explores the distinction between vertical and horizontal money, the concept of fiscal space, and the extent to which real resources, productive capacity, and inflation constrain public spending.The review considers MMT's principal policy proposal…
- MMT-consistent idea: Currency issuer
- MMT-consistent idea: Functional finance
- MMT by name: MMT by name
- MMT-consistent idea: Real resource limit
- MMT-consistent idea: Sectoral balances
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A Proposal for Modeling Macroeconomics by Integrating Modern Monetary Theory into a Complexity Economics Framework
In this paper, we introduce a novel proposal for modeling macroeconomics that incorporatesthe findings of Modern Monetary Theory (MMT) into the developing field of ComplexityEconomics (CE). MMT provides an understanding of the monetary and fiscal institutionswhich frame the behavior of economic actors. CE provides an alternative vision to conventional economics, undermining several standard assumptions, such as perfect rationality,representative agents or equilibrium.In our proposal, the State is a key driver of economic activity in its role as the monopolist ofthe currency, while each econo…
- MMT-consistent idea: Currency issuer
- MMT by name: MMT by name
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Greens would nationalise Thames and SE Water without paying compensation, says deputy leader – as it happened
…we need to distinguish between legitimate political argument from the denigration of whole communities. Ali says democracy “means very little without economic security” and launches into announcing a job guarantee for young people, if the Greens were to be in power. There are 1 million young people in the UK – roughly one in every seven British people aged 16-24- who are categorised as a Neet (not in education, employment or training). He notes this crisis, and says current policies – threatening to withold or cut welfare payments like universal credit if people don’t accept short-term work…
- MMT-consistent idea: Job guarantee
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Shabana Mahmood says Labour party wants to create ‘fairness in our immigration system’ – as it happened
…he Labour MP Liam Byrne still gets criticised for the note he left in the Treasury after the 2010 election to his Tory successor saying “there is no money”. The note (often wrongly remember as saying there is no money left) was a joke, written when Byrne expected to be succeeded by a Tory with whom he had a friendly relationship, but the Lib Dem David Laws got the job instead. Laws gave it George Osborne and David Cameron and they spent years quoting it as alleged proof that Gordon Brown had bankrupted the country. In his speech today John Healey used a similar line. I did not quote it earli…
- MMT-consistent idea: Deficit myth
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As it happened: Pat McFadden tells Labour activists they should not defend benefits system ‘status quo’ because it ‘writes off’ claimants
…d expessed doubts about the plan in the past. Again, Burnham gave a non-committal answer. Kuenssberg tried a final time and got the same reply. Q: Will you tell us something you are willing to cut to balance the books? Burnham said, if people wait unti his speech on Tuesday, they will see he is “prepared to take those type of decisions because I won’t do what the previous Conservative government did and take risks with the economy”. He said the fundamentals of the economy were moving in the right direction before the Iran war started. And he said John Healey, the chancellor, was clear about…
- Opposing frame: Household budget
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Changing UK benefits for young people a ‘moral crusade’, says minister
…assessment process for disability benefits that is likely to require new legislation. It will also focus particularly on how to support younger people into jobs and training, building on the current “jobs guarantee” that funds employment placements for under-25s for six months, with disabled young people given fast-track access. Officials have been looking to see whether elements of other countries’ benefit systems can be borrowed, such as the Netherlands, where youth hubs tackle unemployment, and Denmark, which restricts access to the country’s “disability pension” for the under-40s, who in…
- MMT-consistent idea: Job guarantee
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How Labour could solve the youth jobs crisis
…always first out of the door. So what should Labour do? Not pay employers £3,000 to hire someone that the market won’t touch (an admission that demand is absent), but become the employer directly. A job guarantee, publicly funded and locally administered, would offer anyone a job at a living wage doing socially useful work. It expands in downturns and shrinks in booms, stabilising wages precisely when the economy needs it. It is not welfare. It is work. As a currency issuer, the UK is not constrained like a household. The question is never “can we afford it?”, but “do we have the real resou…
- MMT-consistent idea: Currency issuer
- MMT-consistent idea: Job guarantee
- MMT-consistent idea: Real resource limit
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UK defence contractors to offer 40,000 apprenticeships, placements and jobs
…report on Neets. Milburn has underlined the importance of work experience in preparing young people for a job, and opening their eyes to potential careers. He said the defence pledge “shows what is possible when employers step up.” “Defence is one of our great industries – it has both the scale and the opportunity to give young people the experience, skills and confidence they need to build a career,” he added. Labour is already rolling out a Jobs Guarantee scheme for 18- to 24-year-olds who have been out of work for at least 18 months – with the promise of a taxpayer-funded work placement.
- Opposing frame: Taxpayers' money
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Young People in Scotland: Employment Opportunities
…ernment in Scotland. For example, we have responsibility for the Employment Rights Act and the campaign to make work pay, along with increasing the national minimum wage for young people. We have the jobs guarantee scheme, and we have committed an additional £2.5 billion over the next three years to the youth guarantee scheme, as well as reforming the growth and skills levy. Of course, responsibility for how that levy is spent in Scotland is for the Scottish Government. Therefore, I accept the principle of the argument the noble Lord is making, and we stand ready to work with the Government…
- MMT-consistent idea: Job guarantee
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A context-driven approach to endogenous money: from instruments to systems
This paper advocates for a context-driven approach to endogenous money theory, building critically on Victoria Chick's contributions.We first revisit the debate between horizontalists and structuralists, showing that common grounds exist, at least in part.We then revisit the debate between the revolutionary and evolutionary approaches, showing that both share common limitations: a market-centric reading of monetary history and a tendency to generalize from stable, developed economies.The revolutionary claim that money creation has been universally endogenous faces significant difficulties whe…
- MMT-consistent idea: Currency issuer
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Fiscal Outlook
…other growth-driving infrastructure—also in some pump-priming, which the noble Lord, Lord Howell, was encouraging us to think about. Taking this approach is responsible: it means the Government will balance the books with a buffer to protect against uncertainty, will control borrowing, and will reduce long-term pressures on our public finances. As the Chancellor said, there is nothing progressive about spending £1 in every £10 on debt interest. I thought the speech by the noble Baroness, Lady Morrissey, was a classic speech from the House of Lords of such insight and expertise about how the…
- Opposing frame: Household budget
- MMT-consistent idea: Deficit myth