Do we need a money revolution? Strategy 2040

Do we need a money revolution?

Professor William Mitchell is in Wellington on Friday 28 July and he will be speaking at a Wellington event to discuss how Modern Monetary Theory could support New Zealand’s economy, society, environment, and way of life over the next 20 years.

The lecture, which will also be live streamed on Scoop, is to be held at:
Date: Friday 28th July
Time: 12:30pm - 1:30pm
Venue: Victoria University’s Old Government Buildings, Lecture Theatre 1 (in the courtyard behind the Law School).

The event is hosted by Strategy 2040 New Zealand. It will also be lived streamed on Scoop Media

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Professor William Mitchell is a world leading economist a professor of economics at the University of Newcastle, New South Wales and he is a notable proponent of Modern Monetary Theory (MMT).

Professor Mitchell’s blog is ranked 43rd in the top 200 Influential Economics Blogs in the World. His recent writing has included work on employment and in particular the benefits of full employment policies. He is also a trenchant critic of the economic policies of the European Union. With colleagues he has written an undergraduate textbook on MMT. His next book, to be published in September this year is Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World which he has written with Thomas Fazi, an Italian writer and documentary film-maker.

The recent “What Next” programme on TVNZ focussed on what needs to happen in New Zealand, to navigate the significant challenges of the next 20 years. Climate change, technological disruption of our primary industries, mass unemployment arising from artificial intelligence as well as a variety of challenging demographic effects will require significant new thinking and consensus building. Since the Global Financial Crisis (GFC) of 2008 the world’s pan-national economic organisations are now speaking out forcefully about negative trends in societal and economic well-being. See OECD, IMF, World Bank, United Nations. However there is no broad based agreement about how the giant ship of a super profits, unemployment, inequality-based and environmentally damaging economy should be turned around.

Professor Mitchell’s lecture will provide interesting insights that speak to “What Next” and provide potential solutions to the challenges.

Jan Rivers.

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