#86 Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2)

Part 2: Patricia and Christian talk to the authors of a groundbreaking new study that details the internal accounting operations of the UK exchequer and the ultimate impact of government spending and taxing on the private sector.   Part 1 of this conversation: https://www.patreon.com/posts/46352183   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   All our episodes with Neil Wilson: https://www.patreon.com/posts/46352519   Our episode 13 - Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887   Our episode 16, with Andrew Berkeley chatting with Warren Mosler and Tim Rideout in a noisy (sorry!) Glasgow pub: https://www.patreon.com/posts/41806207   Our episode 45 with Steve Keen, which touches on the history of tally sticks: https://www.patreon.com/posts/35701076   Our episode 53 with L. Randall Wray, which also touches on the history of tally sticks: https://www.patreon.com/posts/37728507   Some of the papers from the Bank of England referred to by Andrew are on this thread: https://twitter.com/spatchcockable/status/1353022727993626624   For other material referred to in the conversation, check out the footnotes and references in the paper - An Accounting Model of the UK Exchequer: https://gimms.org.uk/wp-content/uploads/2020/12/An-Accounting-Model-of-the-UK-Exchequer-Google-Docs.pdf   To give constructive feedback on the paper directly, the authors have requested that a group email is best: [email protected] [email protected] [email protected]   Neil Wilson's blog: https://new-wayland.com/blog/#   Sign up for Professor Bill Mitchell's online course - Modern Monetary Theory: Economics for the 21st Century: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century   Transcript for opening monologue: https://www.patreon.com/posts/46866433    Show notes: https://www.patreon.com/posts/46865929