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Steven Hail Profile
Steven Hail

@StevenHailAus

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A. Prof. Modern Money Lab/Torrens University Australia. Book: Economics for Sustainable Prosperity https://t.co/gehm7PQTQA

South Australia
Joined April 2012
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@StevenHailAus
Steven Hail
8 months
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@StevenHailAus
Steven Hail
23 hours
RT @StephanieKelton: I’ve seen no evidence that anyone in the administration understands this.
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@StevenHailAus
Steven Hail
24 hours
If you make stuff people don't need & persuade them to go into debt to buy it, you contribute towards the productivity they are discussing at that round table. There are deeper round table conversations we ought to be having about the purposes of economic activity in the 2020s.
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@StevenHailAus
Steven Hail
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RT @MMTmacrotrader: The idea that interest rates ever get pushed artificially low is beyond stupid. There are $3T of reserves in the bankin….
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@StevenHailAus
Steven Hail
2 days
Not so much a round table. More of an exercise in group think.
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@StevenHailAus
Steven Hail
3 days
Thank you, Stephanie!.
@StephanieKelton
Stephanie Kelton
3 days
I hear from students who are enrolled in this program all the time. They find it so rewarding to learn useful economics from a dedicated faculty. Courses are rigorous/demanding, but the collaborative environment helps students thrive. Apply now.
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@StevenHailAus
Steven Hail
3 days
RT @StephanieKelton: I hear from students who are enrolled in this program all the time. They find it so rewarding to learn useful economic….
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@StevenHailAus
Steven Hail
3 days
I'm not a leading MMT economist, although I am MMT and PhD. I try to extend the MMT frame of Mosler/Wray/Kelton/Mitchell to as many as possible. The greatest barrier sometimes is when people I speak to feel MMT advocates have been rude to them. Please be polite whenever you can.
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@StevenHailAus
Steven Hail
3 days
We have now had enough applications from brilliant students to fill all the Global South scholarship spots we can possibly afford this time around, but we are certainly still open to non-scholarship applications, and the scholarships will be back in 2026.
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@StevenHailAus
Steven Hail
3 days
Still time to sign up for the September intake of our online Masters degree in modern monetary theory and ecological economics:.
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@StevenHailAus
Steven Hail
4 days
Not to mention our accessible global online Masters degree, with lectures by Scott Fullwiler, John T. Harvey, Dirk Ehnts, etc.
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@StevenHailAus
Steven Hail
4 days
Thanks, Simon! #MMT. Adelaide 1-day - 24 Aug: Bristol Conference - 12/13 Sep: Amsterdam 1-day - 14 Sep: Sheffield Weekend 21/21 Sep: Vienna Weekend 28/29 Sep:
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@StevenHailAus
Steven Hail
5 days
Yes, we do have some ideas, and I would be happy to have a chat with Jim. :).
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@StevenHailAus
Steven Hail
5 days
Before the Australian Government has a Productivity Roundtable, they ought to formally change the definition of productivity in line with the measuring what matters framework. The aim ought not to be maximise GDP at all costs, but to maximise well-being of people and environment.
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@StevenHailAus
Steven Hail
5 days
I wish everyone could come and study with economists like Scott on our global online Masters program. If I could fund places for everyone who would benefit, I would, but I can't do more for most than keep the costs as low as the university will tolerate:
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@StevenHailAus
Steven Hail
5 days
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@StevenHailAus
Steven Hail
5 days
a failure to distinguish between monetary systems, based on the extent to which governments possess genuine monetary sovereignty. Currency issuance is not enough. On this issue, I recommend people consult MMT economists like Scott Fullwiler, Ndongo Sylla and Fadhel Kaboub. e.g. .
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@StevenHailAus
Steven Hail
5 days
You see, this is where you are showing ignorance. Well informed PKers like John Harvey will tell you MMT is just PK monetary theory done correctly. Private finance cannot and does not work independently of public finance. But I do have a criticism of social media MMTists which is.
@Muhammad_Okoye
Chinedu Muhammad Okoye I 🇳🇬 💚☘️
6 days
@Will6And7Ric MMT name drops instability/fragility, PK makes it the heartbeat of the system. There's a difference.
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@StevenHailAus
Steven Hail
5 days
RT @Muhammad_Okoye: 2. The reduction of finance to govt credit and taxation, private credit plays no role in your model, neither do financi….
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@StevenHailAus
Steven Hail
6 days
RT @StephanieKelton: Register to attend. 🇬🇧.
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@StevenHailAus
Steven Hail
6 days
RT @jasonhickel: UN data shows that in the US/Canada/Europe, about 8% of the population suffers moderate or severe food insecurity. That's….
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