Marvin's Story

Meet Marvin, a 26-year-old graduate from Dulwich and West Norwood who wanted to train as a teacher in London's schools. Despite critical teacher shortages across the capital, the Department for Education reduced training bursaries for his subject area. The classrooms were there, the graduates ready to teach were there, but Westminster's spending rules force departments to compete for fixed pots as though the government that creates the currency must first find it somewhere. This episode explores how Treasury constraints on teacher training funding create artificial scarcity in education, leaving both aspiring teachers and students locked out of opportunities. Disclosure: This podcast advocates for Modern Monetary Theory perspectives on public spending and may not reflect mainstream economic views.