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MMT101.ORG Podcast - Episode 1: The Scottish Currency Group Conference
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MMT101.ORG Podcast - Episode 1: The Scottish Currency Group Conference

Tim Rideout and Ian Stewart from the Scottish Currency Group

Welcome to the first MMT101.ORG Podcast - which along with articles I am writing and a training course I’m putting together - is aimed at people interested in learning how the economy works.

This particular episode of the podcast is going to be slightly different as it’s an interview with Tim Rideout and Ian Stewart from the Scottish Currency Group and it is about their Scottish Currency Group Conference which will be on 21st September at the Carnegie Conference Centre (Halbeath Road Dunfermline KY11 8DY).

The sole aim of MMT101.ORG - which stands for Modern Monetary Theory 101 -  is to reach a point where more  people realise that the present world of increasing poverty, ever expanding inequality and a planet that is rapidly becoming uninhabitable - is not inevitable. It is a choice.

A dying planet and impoverished citizens is not some kind of  natural phenomenon. It is, in fact, due to humans making decision: in the current case, very poor decisions. Poor decision based on a faulty understanding of how our economy and monetary system works and how government can best manage the economy for the befit of their citizens.

Those decision are a result of a particular a set of beliefs, values and ideas about human nature and economic systems. Those beliefs underly the current prescription of the best approach to running the economy.

However, given the poor results so far, MMT101.ORG will be putting forward a different prescription - one based on what we can learn - both from paying heed to a variety of different economic schools of thought, i.e. not just neoliberalism - and by looking at how things actually work in the economy - in practice - not in theory. And an underlying belief is that the economy should be run for the benefit of a people - and in a way that does not destroy our planet.

How you can support MMT101.ORG

If you think that sounds like a good idea - please support MMT101.ORG - if you can - by donating a little of your hard-earned cash - and if you can’t do that, by sharing the articles and podcasts. $5 (or the equivalent in your currency - Substack uses US dollars) will allow me to continue this work and reach & teach more people.  By subscripting and supporting - not only will you learn how the economy works - but you will also be part of the efforts to change people’s lives for the better. I do not have the power to do that alone - but we do - collectively - as an ever expanding group who understand that there is a better way.

Chatting with Tim Rideout and Ian Stewart of the Scottish Currency Group

Just a quick note before I tell you what’s in this first podcast. Myself, Tim Rideout  and Ian Stewart  are are non apologitic supporters of the human right to self-determination and are supporters of Scottish independence. We, respect the views of anyone who does not agree with us.

That said, the facts relating to the importance of countries having their own currency are not effected by whether or not you support Scottish independence. Ok, let’s get started.

Today I am chatting with Tim Rideout and Ian Stewart of the Scottish Currency Group. And, if you are thinking - ‘currency, well that doesn’t sound very interesting’ - then stay tuned - because Tim and Ian will have you convinced otherwise.

Tim and Ian are promoting their up and coming conference - which is helpfully named, The Scottish Currency Group Conference. It’s on on the 21 September 2024 in the Carnegie Conference Centre in Dunfermline.

If I was to reduce the aim of the conference to a single phrase, that phrase would be ‘why an independent Scotland has to have its own currency. That’s not their phrase, but my own - influenced by looking at the conference program.

This is my chat with Time Rideout and Ian Stewart of the Scottish Currency Group.

Get tickets for the Scottish Currency Group Conference

Support MMT101.org by Becoming a Paid Subscriber

If you are enjoying these articles and find them useful as part of your Modern Monetary Theory (MMT) education, please support MMT101.ORG—if you can—by donating a little of your hard-earned cash. And if you can’t do that, consider sharing the articles and podcasts. $5 (or the equivalent in your currency—SubStack uses US dollars) will allow me to continue this work and reach & teach more people. By subscribing and supporting, not only will you learn how the economy works, but you will also be part of the efforts to change people’s lives for the better. I do not have the power to do that alone, but we do—collectively—as an ever-expanding group who understand that there is a better way.

Thanks,
Jim

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