MMT for the Rest of Us: Your Complete Guide
Hello and welcome to my "MMT for the Rest of Us" series! If you're curious about Modern Monetary Theory (MMT) but find economics jargon confusing, you're in the right place.
This guide organises all my MMT articles into a logical learning path. Whether you're completely new to these ideas or looking to deepen your understanding, this roadmap will help you navigate the content in a way that builds your knowledge step by step.
Feel free to follow the suggested order or jump to topics that interest you most. Each article is written in plain language with everyday Australians in mind.
How to Use This Guide
If you're completely new to MMT: Start with Tier 1 and work through the articles in order. This will build your understanding from the ground up.
If you understand the basics but have concerns: Jump to Tier 2, which addresses common questions like "Won't this cause inflation?" and "What are the real limits?"
If you're interested in practical applications: Explore Tier 3 to see how MMT principles translate into policies that could improve our communities.
I've written this entire series in plain language, avoiding unnecessary jargon and complex terminology. My goal is to make these powerful economic ideas accessible to everyone, regardless of your background in economics.
Have questions or suggestions? Feel free to leave a comment or reach out directly. I'm always happy to clarify concepts or explore new aspects of MMT that interest you.
Happy reading!
Tier 1: Essential Foundations
Start here if you're new to MMT
These articles introduce the basic concepts and explain why MMT matters:
Think of economics like a game with rules we can change
What are the core ideas of MMT in simple terms?
Modern Money in a Nutshell
After getting some feedback, I decided to create a new section that can be subscribe to all and subscribe to separately from the main newsletter. This section “MMT for the Rest of Us”will be as close…
What makes MMT different from mainstream economics?
Modern Money Theory (MMT): Macroeconomics and Sovereign Currencies
MMT is Macroeconomics Done Correctly
Where does the government actually get its money?
Should we worry about government debt?
Why should we care about MMT right now?
Tier 2: Core Concepts
Explore once you understand the basics
These articles dig deeper into specific MMT concepts and address common concerns:
Why do we need to create more money over time?
How does the government influence prices?
What really causes prices to rise?
Understanding Inflation
Inflation is when the prices of things go up over time. MMT has a different idea about why this happens:
How do interest rates actually affect the economy?
What are the real limits to what we can afford?
Unlocking Prosperity: The Role of Real Resources in Modern Money Theory (MMT)
The Role of Real Resources
What could go wrong with MMT policies?
How do prices and inflation really work?
Tier 3: Applications and Implications
See how MMT changes everything.
These articles show how MMT principles can be applied to create better policies and outcomes:
How can we eliminate involuntary unemployment?
What policies make sense through an MMT lens?
How do these ideas affect your daily life?
What Does MMT Mean for You?
Sociocultural Australis is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
How do all these concepts connect?
Demystifying MMT: Putting it all Together
Understanding Sovereign Currency, Resources (Inflation), and Prosperity
How does international trade work in MMT?
Trade and Balance of Payments
If you have viewed everything in MMT for the Rest of Us, you will have a solid foundational knowledge of what MMT is and why it matters.
What does MMT mean specifically for Australia?
Making Sense of Modern Monetary Theory
Have you ever wondered about the financial operations and policies that guide societies? You're not alone. Economic theories might seem complex, but understanding them can provide critical insights i…
Where to Go From Here
Now that you've explored the complete "MMT for the Rest of Us" guide, you have a solid understanding of Modern Monetary Theory and its implications for Australia.
If you've found these explanations helpful, consider:
Sharing this guide with friends and family interested in understanding our economy better
Joining the discussion in the comments section of any article that resonated with you
Subscribing to receive updates as I publish new economic insights
Revisiting earlier articles as you build your understanding, many concepts become clearer with repeated exposure
Remember, economics doesn't have to be confusing or intimidating. By understanding these concepts, you're better equipped to participate in important conversations about Australia's economic future.
Thank you for reading!
Good comprehensive series. Have you had anyone peer review?