#138 Stephen Williams: Economics vs The Planet

Patricia and Christian talk to journalist Stephen Williams, writer and co-editor of "Sustainability and the New Economics".   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 And Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318   All our episodes in chronological order: https://www.patreon.com/posts/43111643   Discussed in this episode:   Sustainability And The New Economics: https://link.springer.com/book/10.1007/978-3-030-78795-0   Stephen Williams - "A ten-point plan for sustainable prosperity": https://independentaustralia.net/politics/politics-display/a-ten-point-plan-for-sustainable-prosperity-,12058   Bill Mitchell's blog: http://bilbo.economicoutlook.net/blog/   To understand buffer stocks and why they're an important concept - Episode 125 - Sam Levey: Monopoly, Monopsony, And What To Do About Them: https://www.patreon.com/posts/61954971     Warren's Mosler's white paper: http://moslereconomics.com/mmt-white-paper/   Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095   Steven Hail's Modern Money Lab: https://modernmoneylab.org.au/   Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701   Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543   Warren Mosler's Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System: https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html   350 dot org: https://350.org/   More on the Genuine Progress Indicator: https://en.wikipedia.org/wiki/Genuine_progress_indicator     More on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824   Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318   Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887   Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 "An Accounting Model of the UK Exchequer – 2nd edition" by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/ Our episodes about "An Accounting Model of the UK Exchequer": Part 1: https://www.patreon.com/posts/46352183 Part 2: https://www.patreon.com/posts/46865929      Episodes on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558   Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/   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   Transcript for opening monologue: https://www.patreon.com/posts/69831430?pr=true   Cinematic Trailer Background Music by MUSIC4VIDEO: https://youtu.be/knRAM6AHcKI   Show notes: https://www.patreon.com/posts/69831268?pr=true