Darren Quinn | Modern Money Economist/Educator

Economist in MMT & ecological macro, completing a M. Economics of Sustainability. On a crusade for economic enlightenment, even experts can’t resist my wit.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

The economy isn't a set of scales balancing in a void. It's a biological system adapting to stress.

Maths without empathy is dangerous policy.

We stop chasing 'equilibrium' and start managing the shock absorbers, or we accept unemployment as the price.

I won't pay it. 🧵

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

ICYMI

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Richard takes these logistical hurdles and uses them to claim the JG "discredits MMT to its core."

Think about how we treat any other public institution.

Public schools are chronically underfunded and cannot guarantee every student a bespoke curriculum perfectly matched to their future career.

Emergency rooms have waitlists.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

@wbmosler @wgoggin QE should be called QT
QT should be called QE

[?whispers? @litewhisperer]

THE DEBT CEILING
(Sources at the end)

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

@AusExplained @VoteLewko No, Public Money is. That's not your signature on the cash notes. You can't be serious!

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Look at this Ablist Libel

[katie 🍞 @katiebecker16]

Giving someone an excuse to brag about the condition that makes her repugnant to many Australians is asking for trouble. She will do a Clementine Ford, get smashed by the public, have a breakdown and probably sue the ABC. So she should. They know she’s susceptible and they don’t care. They’ll use her like they use Trans people and race baiters. Then when she goes too far, which she inevitably will they’ll ghost her.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

ICYMI

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Murphy raises several practical objections to the Job Guarantee, pointing to the hollowed-out administrative capacity of local authorities, the difficulty of matching a uniform wage floor against localised rent crises, and the challenge of matching niche skills.

These are heavy, practical design questions. But they are entirely solvable.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

https://t.co/jFVT9z8LTG

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

https://t.co/k7YPz3402u

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

ICYMI

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Richard Murphy is undeniably one of the most vital voices in progressive economics. As a co-author of the original UK Green New Deal and a relentless advocate for a more humane economic system, his intellectual scaffolding is formidable. When Richard speaks, you listen.

But in his recent podcast debate regarding the Job Guarantee (JG), Murphy drew a stark line in the sand...

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

The Frankenstein Budget & The Populist Mutation

The Demographic Firewall. Grandfathering negative gearing is a Ceremonial yield shield designed to protect existing wealth from the physical reality of the hous...

https://t.co/Yy27E4JJTe

[MMTUK Policy Research Group @MMTUK_PRG]

(5/5) 20 June, Brighton. Register and join us for a conversation about moving from austerity to resilience.

https://t.co/IaLi1UqOF7

[ilhan dögüs @ilhandogus]

Inflation driven by wages or profits?
All mainstream clowns who have argued that inflation is caused by demand, i.e. wages, work to conceal the truth, to manufacture consent for poverty.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

@afneil Who is Andrew Neil, The Spectator, Sky News, enough said. The barest minimum of research would reveal that MMT says that currency is tax-driven money.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

And I will concede that a survey is a snapshot of an aggregate at a given point in time and not measuring a real-time flow. However, once one begins to look at underutilisation metrics, your point becomes flawed and plenty of involuntary unemployment whether via hours or work remain.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

I previously published this in February on my Substack. I do so now again, to show I don't come from an ivory tower, from academia, first and foremost, but from lived experience. #MMT

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

@PatriciaNPino @ChrisPacia I agree with Patricia, and yes, but you also have to consider involuntary unemployment, unemployment against one's will when there is plenty of productive work to be done.

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Many of you may have seen an engaging discussion between Steve Keen and me. I want to clarify that I consider him one of the greatest living Australian economists. Our dispute, in the context of the rest of his work, is relatively minor but remains important. #econ #ausecon

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

In no particular order, my top living Australian economists are Bill Mitchell, Steve Keen, Frank Stilwell, John Quiggin and Richard Denniss. #ausecon #econ

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

ICYMI

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Darren has worked closely with MMT founder Warren Mosler as a print-media editor and Education Committee member, ensuring technical precision, quality control, and macroeconomic accuracy across the Understanding MMT Institute's public output...

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

@fflorescpa nt if you have PAYE/G

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

Darren has worked closely with MMT founder Warren Mosler as a print-media editor and Education Committee member, ensuring technical precision, quality control, and macroeconomic accuracy across the Understanding MMT Institute's public output...

[Darren Quinn | Modern Money Economist/Educator @AusMMT]

https://t.co/GJ5OysLUMX

[MMTUK Policy Research Group @MMTUK_PRG]

(1/5) Bill Mitchell calls NAIRU 'archaic'. He's right. The Job Guarantee replaces forced unemployment with a wage floor. At £15/hr, it sets the price anchor without hurting anyone.

#MMT #JobGuarantee #UKEconomy