Very useful discussion in the comments.
The event included both MMTers and Sovereign Money proponents. It was a great event, and I think everyone got a lot out of it, even the Sovereign Money people.
Here is a photo of us, with Warren (somewhat ironically) holding up a Positive Money shirt. Notice smiling non-Brits on one side, unsmiling Brits on the other (hee hee hee):
Left to right: Me, Warren, Ralph, Andy Blatchford, Mike Harley, William Richardson
One of the pleasures of the evening (for me at least) was hearing Warren making a careful, line-by-line criticism of the book Where Does Money Come From?, published by the New Economics foundation. I’ve heard little but praise for that book, which I believe to contain a number of misleading statements. So it was reassuring to hear Warren taking issue…
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