#120 Phil Armstrong: What Is Budget Responsibility?

Patricia and Christian take a look at the UK chancellor's recent budget through the MMT lens with MMT scholar and author Dr Phil Armstrong.    Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417   All our episodes in chronological order: https://www.patreon.com/posts/43111643   Follow Phil Armstrong on Twitter: https://twitter.com/PhilArmstrong58   All of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846   Phil Armstrong's book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html   Our episode 47 with Pavlina Tcherneva explaining the Job Guarantee: https://www.patreon.com/posts/36034543   A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757   We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos   Show notes: https://www.patreon.com/posts/58200406