An Introduction to Modern Monetary Theory: Reconceptualising the Nature of Banking

Dr Phil Armstrong is the author of ‘Can Heterodox Economics Make a Difference’ published in November 2020 and is a strong advocate of the need for pluralism in economics. He has spent the last 38 years teaching – in the main economics and business and lately, engineering. Phil is Post-Keynesian and a strong advocate of Modern Monetary Theory (MMT) and believes MMT provides both powerful insights into the way the economy works and how progressive economic policy can be put into practice. Co-hosted with Tesco Bank, in this session Phil gives an introduction to Modern Monetary Theory, its core principles and insights in respect of the monetary operations associated with government finances and the macroeconomic framework it provides to policy makers.

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