#19 Cutting welfare spending is not only wrong-it’s fucking stupid.

Image by StockSnap from Pixabay OK, let’s put that more politely. ” Cutting welfare spending is not only morally bankrupt, it’s economic vandalism”. Here’s why. “Welfare benefits”. Those words are deliberately chosen to cast the recipients as “weak”, “scroungers”, etc. “Benefits” has come to suggest something idle feckless people have as a nice little extra …

#18 Modern Money Lab Anti-Austerity Conference

Bristol September 12/13th 2025 “Changing the conversation around money and the economy in the UK” On Friday 12th September, Modern Money Lab UK held an anti-austerity Conference over two days at The Station, Bristol, to explore how the modern understanding of the government money and fiscal system (Modern Monetary Theory, MMT) gives a strong  perspective …