487:(September, 2017), co-written with Italian journalist Thomas Fazi, "reconceptualises the nation state as a vehicle for progressive change. They show how despite the ravages of neoliberalism, the state still contains resources for democratic control of a nation's economy and finances. The populist turn provides an opening to develop an ambitious but feasible left political strategy. It offers an urgent, provocative and prescient political analysis of our current predicament, and lays out a comprehensive strategy for revitalising progressive economics in the 21st century."
25:
146:
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In
November 2023, he was listed as one of 44 academics in Australia across all disciplines that were considered to be 'Living Legends' by a Special Research report published in The Australian Newspaper. The report stated these academic were deemed to be "living legends ... because they attract
556:
in the 1930s. The authors further contend that unemployment is a reflection of systemic policy failures, rather than an "individual problem". They present a theoretical and empirical critique of the neo-liberal approach and suggest that the reinstatement of full employment, along with price
700:: "I have often indicated that my economic roots come from Marx through Kalecki. Kalecki was a Marxist economist. Marx was the first to really get to grips with the idea of effective demand – that is, spending backed by cash. Kalecki understood this intrinsically." Mitchell, 12 August 2010
468:
and Martin Watts, is a textbook that "encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy ... based on the principles of
435:
He has written extensively in the fields of macroeconomics, econometrics and public policy. He has published widely in refereed academic journals and books and regularly gives conference presentations abroad.
281:, Australia and Docent Professor of Global Political Economy at the University of Helsinki, Finland. He is also a guest professor at Kyoto University, Japan since 2022. He is one of the founding developers of
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404:
economic theories and practices; he disputes the "revisionism" of
History ostensibly perpetrated by mainstream or conservative economists, especially in relation to the policies of the
1683:
974:
450:. The book offers a combination of biography, provenance, history and economic analysis where the co-founders of MMT clarify what constitutes MMT and how their ideas were developed.
1004:
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528:
608:, in disparaging terms, stating, only half-jokingly, that his work as a musician does less damage to people. "I think my economics profession is very dangerous," he says.
367:
390:. Its mission statement is to advance research and policies that can restore full employment and achieve a society that "delivers equitable outcomes for all".
42:
540:, traces the theoretical analysis of the nature and causes of unemployment over the last 150 years and argue that the shift from involuntary to so-called
1708:
412:
in industrial matters in state and federal tribunals in
Australia, as well as in various government enquiries. His work in childcare industrial cases in
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is introduced, whereby the government would guarantee a job to every willing and able adult individual, paying a wage that would become society's
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worldwide attention by virtue of their ideas". The analysis termed
Mitchell an "eminent scholar" and he was the only economist listed.
432:' claim that for at least 4,000 years money has been "a creature of the state". He is a prominent promoter of MMT in macroeconomics.
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Mitchell works to promote active government economic policies and the use of fiscal deficits as a tool to enhance well-being and
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624:.com, which was sold in 1999 to the Australian media company Knapp Communications. It was subsequently bought in 2007 by
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337:, 1982. He completed a Master's Preliminary at the University of Melbourne in 1978 (with first-class honours).
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by
Mitchell & Mosler, presentation to the Review of the Commonwealth Government Securities Market, 2002
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358:. He also holds the position of Docent Professor in Global Political Economy, Faculty of Social Sciences,
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and New South Wales influenced the realignments in the relevant State and
Federal Awards in that sector.
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568:, and would be expression of the aspiration of the society of the lowest acceptable standard of living.
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suburb soon after. He attended
Ashwood Primary School (1957–1963) and Ashwood High School (1964–1969).
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Mitchell has played guitar professionally in bands over the years. Mitchell currently plays with
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Mitchell participates in public and community activities on the issues of politics, economics,
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716:: "the late Arthur Okun, the doyen of applied economics...". Mitchell, 1 November 2010
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Reclaiming the State: A Progressive Vision of
Sovereignty for a Post-Neoliberal World
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Reclaiming the State: A Progressive Vision of
Sovereignty for a Post-Neoliberal World
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Reclaiming the State: A Progressive Vision of
Sovereignty for a Post-Neoliberal World
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band, originally popular in the 1970s and early 1980s. The band reformed in 2010.
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stability, is a viable policy goal, achievable through an activist fiscal policy.
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712:: "Arthur Okun...one of my favourite economists...". Mitchell, 1 September 2009;
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52:. Contentious material about living persons that is unsourced or poorly sourced
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Growth and cohesion in the European Union: The Impact of Macroeconomic Policy
831:"Debt, Deficits, and Modern Monetary Theory: An Interview with Bill Mitchell"
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This book was published by Lola Press in July 2024 and is co-written with
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Mitchell often refers to the economics discipline, and especially the
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Full Employment Abandoned: Shifting Sands and Policy Failures
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Modern Monetary Theory: Bill and Warren's Excellent Adventure
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Full Employment Abandoned: Shifting Sands and Policy Failures
441:
Modern Monetary Theory: Bill and Warren's Excellent Adventure
1042:"It's been quite a climb, and now it's really time to ride"
939:
Eurozone Dystopia - Groupthink and Denial on a Grand Scale
1684:
Academic staff of the University of Newcastle (Australia)
492:
Eurozone Dystopia: Groupthink and Denial on a Grand Scale
428:, also known as MMT. He coined the term in reference to
317:
Mitchell holds the following degrees: PhD in Economics,
386:(CofFEE), a non-profit, research organisation at the
1099:(2008), Edward Elgar Publishing 320 pp, Hardback,
1650:
301:, Australia, in March 1952. The family moved to
1079:Mitchell, William, Joan Muysken, Tom Van Veen:
710:"Knowlegable economic commentary still exists"
548:as notably advocated, within the frame of the
293:Mitchell was born to working class parents in
1153:
544:are behind an "ideological backlash" against
772:"The conservative reconstruction of history"
520:
408:. He has often been called to appear as an
1709:University of Newcastle (Australia) alumni
1160:
1146:
963:"When is a job guarantee a Job Guarantee?"
698:"The Political Aspects of Full Employment"
366:and is a Guest International Professor at
144:
464:(Macmillan, March 2019), co-written with
120:Learn how and when to remove this message
1027:"The economics profession is a disgrace"
975:"Australia’s living legends of research"
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997:
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542:"natural rate" concepts of unemployment
350:Since 1990, Mitchell is a professor at
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1093:Mitchell, William & Joan Muysken:
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269:(born 7 March 1952) is a professor of
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714:"They have been smoking some doobies"
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803:Matthews, Dylan (18 February 2012).
384:Centre of Full Employment and Equity
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1714:21st-century Australian economists
1669:20th-century Australian economists
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1083:(2006), Edward Elgar Publishing,
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1117:Bill Mitchell's personal website
748:"What is Fiscal Sustainability?"
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1674:Modern monetary theory scholars
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1002:"The real rock-start economist"
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1694:People from the City of Monash
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738:Newcastle University biography
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69:"Bill Mitchell" economist
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1044:by Gerard Knapp, 4 July 2007
843:Harvard International Review
380:environmental sustainability
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56:, especially if potentially
34:biography of a living person
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616:Mitchell is a "passionate"
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54:must be removed immediately
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871:, Lola Books, July 2024,
522:Full Employment Abandoned
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1704:Deakin University alumni
1699:Monash University alumni
1689:Academics from Melbourne
760:Climate Action Newcastle
532:(2008), co-written with
515:European economic crisis
382:. He is Director of the
267:William Francis Mitchell
1529:Stephany Griffith-Jones
1062:3 November 2014 at the
989:Bill Mitchell's website
965:Mitchell, 17 April 2009
944:Edward Elgar Publishing
836:19 October 2011 at the
762:event information, 2008
517:that started in 2009."
397:, and the environment.
388:University of Newcastle
368:Kyoto University, Japan
352:University of Newcastle
319:University of Newcastle
275:University of Newcastle
217:University of Newcastle
1341:John Kenneth Galbraith
1029:Mitchell, 3 March 2011
1014:Business Review Weekly
774:Mitchell, 25 June 2010
639:Modern Monetary Theory
511:Modern Monetary Theory
471:Modern Monetary Theory
426:Modern Monetary Theory
360:University of Helsinki
283:Modern Monetary Theory
229:Modern Monetary Theory
199:Modern Monetary Theory
48:Please help by adding
734:14 March 2012 at the
653:Government accounting
538:Maastricht University
395:fiscal sustainability
16:Economist (born 1952)
1431:Pavlina R. Tcherneva
1122:Bill Mitchell's blog
1007:4 March 2016 at the
987:Personal information
894:Macmillan Publishers
856:List of publications
789:26 July 2011 at the
1636:Keynesian economics
1185:John Maynard Keynes
810:The Washington Post
430:John Maynard Keynes
37:relies too much on
1336:James K. Galbraith
1273:Arthur Melvin Okun
1074:Additional sources
921:, September 2017,
664:Legal Tender Cases
546:state intervention
307:Housing Commission
1646:
1645:
1534:Nobuhiro Kiyotaki
1479:Olivier Blanchard
1436:Anthony Thirlwall
1263:Franco Modigliani
1213:James Duesenberry
1105:978-1-85898-507-7
1089:978-1-84542-611-8
1066:, CyclingNews.com
952:978-1-78471-665-3
927:978-0-7453-3732-6
902:978-1-137-61066-9
877:978-3-944203-72-0
846:, 16 October 2011
400:Mitchell opposes
335:Monash University
327:Deakin University
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203:political economy
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1609:Michael Woodford
1599:Lawrence Summers
1554:Maurice Obstfeld
1524:Robert J. Gordon
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1426:G. L. S. Shackle
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1509:Stanley Fischer
1494:Richard Clarida
1489:Guillermo Calvo
1455:
1451:L. Randall Wray
1441:William Vickrey
1416:Steven Pressman
1371:Nicholas Kaldor
1351:Myron J. Gordon
1313:Post-Keynesians
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1223:Trygve Haavelmo
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1133:CyclingNews.com
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466:L. Randall Wray
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356:New South Wales
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247:Michael Kalecki
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1421:Joan Robinson
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110:November 2018
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1614:Janet Yellen
1564:Ricardo Reis
1539:Paul Krugman
1519:Mark Gertler
1484:Alan Blinder
1474:Ben Bernanke
1405:
1401:Hyman Minsky
1366:Richard Kahn
1346:Wynne Godley
1298:Robert Solow
1278:Don Patinkin
1228:Alvin Hansen
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163:7 March 1952
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1659:1952 births
1574:David Romer
1549:Marc Melitz
1544:Greg Mankiw
1499:Brad DeLong
1411:Basil Moore
1391:Marc Lavoie
1331:Evsey Domar
1303:James Tobin
1253:James Meade
919:Pluto Press
622:Cyclingnews
402:neo-liberal
295:Glen Huntly
255:Arthur Okun
213:Institution
178:Nationality
172:, Australia
170:Glen Huntly
60:or harmful.
1653:Categories
1514:Jordi Galí
1386:Jan Kregel
1381:Steve Keen
1243:John Hicks
1233:Roy Harrod
1170:Keynesians
682:References
644:Fiat money
626:Future plc
505:Groupthink
289:Early life
235:Influences
181:Australian
159:1952-03-07
80:newspapers
39:references
1504:Huw Dixon
816:1 October
591:Melbourne
499:Eurozone
497:His book
460:His book
313:Education
299:Melbourne
271:economics
239:Karl Marx
225:tradition
1060:Archived
1057:About us
1005:Archived
834:Archived
787:Archived
732:Archived
632:See also
606:academia
581:Musician
501:Dystopia
473:(MMT)".
414:Victoria
406:New Deal
374:Activist
346:Academic
323:Bachelor
321:, 1998;
305:, a new
58:libelous
1623:Related
1178:Founder
618:cyclist
593:-based
513:of the
364:Finland
303:Ashwood
273:at the
94:scholar
1103:
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675:NAIBER
595:reggae
554:Keynes
420:Author
341:Career
331:Master
251:·
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552:, by
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195:Field
101:JSTOR
87:books
32:This
1101:ISBN
1085:ISBN
948:ISBN
923:ISBN
898:ISBN
873:ISBN
818:2018
646:vs.
589:, a
153:Born
73:news
599:dub
536:of
41:to
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