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The MMT Podcast with Patricia Pino & Christian Reilly

Patricia Pino & Christian Reilly
Modern Monetary Theory
Inflation
Job Guarantee
Austerity
Climate Change
Wealth Tax
Austrian Economics
Economic Policy
Unemployment
Ecological Economics
Rachel Reeves
Inequality
Government Spending
Bank Of England
Public Spending
Taxes
Government Budgeting
Behavioral Economics
International Trade
Social Justice

The MMT Podcast offers economic analysis on current issues from a Modern Monetary Theory perspective. Aimed at anyone who has ever felt lost in the jargon used by mainstream economics commentators. We believe economics is for everyone. You can help sustain this podcast via Patreon: www.patreon.com/MMTpodcast

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Latest Episodes

A conversation with Patricia Pino about her recent paper, "From Price Taker To Price Shaper: A Time-Critical Plan For UK Energy Prices And Security".

Please help sustain this podcast!

Patrons get early access to all episodes and patron-only epis... more

Part 2: Patricia and Christian continue the conversation with economist and author Dr Phil Armstrong about his recent paper, "Modern Monetary Theory and International Trade: Developments on the Base Case for Analysis".

Full conversation here: https... more

#209 MMT and International Trade with Dr Phil Armstrong (part 1)

Patricia and Christian talk to economist and author Dr Phil Armstrong about his recent paper, "Modern Monetary Theory and International Trade: Developments on the Base Case for Analys... more

Patricia and Christian talk to economist and author Dr Phil Armstrong about the least useful pieces of economic commentary from the last 12 months.

In this episode:

5. "Quantitative Easing causes 'asset price inflation'"

6. "Fiscal 'headroom'" more

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Recent Guests

Dr Phil Armstrong
Guest expert discussing MMT-informed trade policy and energy; adjunct professor
Torrance University / Modern Money Lab (adjunct professor)
Episode: #210 MMT and International Trade with Dr Phil Armstrong (part 2)
John T. Harvey
Author and economist, Professor
Author of US business cycles from 1954 to 2020
Episode: #207 Business Cycles Without The Body Count with Professor John T Harvey
Sam Levey
MMT scholar, writer, and teacher; Dr. Sam Levey
MMT community/Academia
Episode: #205 Economics At The Movies with Sam Levey
Jakob Feinig
Associate Professor of Human Development at State University of New York, and author of Moral Economies Of Money
State University of New York
Episode: #199 The Money Myths Fuelling Right-Wing Populism with Jakob Feinig
Katy Shields
Economist, writer, and critically acclaimed podcast creator
Episode: #198 How Captured Economics Stole Our Future & What To Do About It with Katy Shields
Steven Hail
Professor and founder of Modern Money Lab
Modern Money Lab
Episode: #197 The Problem With Wealth Taxes with Steven Hail (part 2)
Steven Hale
Economist, author, and founder of Modern Money Lab
Modern Money Lab
Episode: #196 The Problem With Wealth Taxes with Steven Hail (part 1)
Dr. Phil Armstrong
Economist and author of 'Can Heterodox Economics Make a Difference'
Episode: #192 The Fauxbel Prize: Top Lies In Economics 2024 with Dr Phil Armstrong (part 1)
Dr. Sam Levey
MMT scholar, writer, and teacher
Episode: #189 Sam Levey: Monetary operations Q&A (part 1)

Hosts

Patricia Pino
Co-host of The MMT Podcast; active researcher and educator in monetary policy and public budgeting.
Christian Reilly
Co-host of The MMT Podcast; communicator and analyst focusing on monetary sovereignty and practical policy.

Reviews

4.7 out of 5 stars from 199 ratings
  • Excellent Podcast

    5 stars. Been listening since mid 2019. Great podcast and appreciate diving into monetary policy. Christian and Patricia are great interviewers and do a good job researching and preparing for episode topics. Thank you for providing all the hours of information and entertainment. If you are new to the podcast some of my favorite episodes are the MMT Money Story from Warren back in July 2019, and I think the central bank episode with Steven Hail is also an interesting one.

    Would love to see a fut... more

    Apple Podcasts
    5
    JohnyQuest
    United States3 years ago
  • All of us can have a good life. It is possible.

    The MMT Podcast! Listen! Follow their advice and listen to the first three episodes from 2018. You’ll be enlightened by the experience.

    Apple Podcasts
    5
    Jc5437
    United States3 years ago
  • This podcast is on my must-listen list to stay current with MMT, and deepen my knowledge of economics. The dedication of the hosts comes across in the quality of the production, and in the episode format that orients listeners well to each topic. Very listenable conversations that always extend my understandings.

    Podchaser
    5
    Anne
    3 years ago
  • Listenable and Inspiring Economics

    Put this podcast on your must-listen list if you want to stay current with MMT, and deepen your knowledge of economics. The dedication of the hosts comes across in the quality of the production, and in the episode format that orients listeners well to the each topic. Very listenable conversations that always extend my understandings. Might be my favourite music on an economics podcast!

    Apple Podcasts
    5
    Anne MMTfan
    Australia3 years ago
  • Evidence-based economics that anyone can understand. Taxes don't fund spending!

    Podcast Addict
    5
    Sagebrush24
    3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners appreciate accessible explanations of complex monetary topics.
Guests are typically experts; debates and opposing viewpoints could enrich episodes.
Hosts are well-prepared interviewers who bring research into accessible conversations.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#60
Philippines/News/Politics
Apple Podcasts
#167
Finland/News/Politics
Apple Podcasts
#187
Norway/News/Politics
Apple Podcasts
#223
Philippines/News
Apple Podcasts
#240
Hong Kong/News/Politics

Talking Points

Recent interactions between the hosts and their guests.

#204 A Government Budget Is Nothing Like A Household Budget. So What IS It Like? with Steven Hail
Q: If a government budget is not like a household budget, what is it like?
It is a sovereign currency issuer that creates money through spending and taxes serve to influence demand and finance, rather than to fund spending directly; the state can finance spending as long as it passes budget appropriations and maintains policy goals.
#203 Zackonomics and the budget with Phil Armstrong (part 2)
Q: What is the core distinction between a job guarantee and traditional government investment?
The job guarantee acts as a bottom-up mechanism that targets an immediate unemployment problem, while investments are top-down projects chosen to deliver specific goals; both are necessary, but they operate through different pathways to employment and growth.
#205 Economics At The Movies with Sam Levey
Q: Tell us about short selling.
Short selling is selling an asset you do not own by borrowing it, selling it at the current price, and later buying it back to return the borrowed asset; profits come if the price falls, with risk of unlimited losses if it rises.
#198 How Captured Economics Stole Our Future & What To Do About It with Katy Shields
Q: How would you even begin to hold economists accountable?
Shields suggests that accountability mechanisms in economics, such as integrating ethics, are necessary for better societal outcomes; however, she herself does not have a concrete solution.
#198 How Captured Economics Stole Our Future & What To Do About It with Katy Shields
Q: Could you lay out your analogy of a workaholic friend?
Katy explains that mainstream economics resembles a doctor prescribing performance-enhancing drugs to a workaholic rather than addressing the root cause of overwork, indicating that economists are failing to offer solutions that prioritize long-term human and ecological health.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The MMT Podcast

What is The MMT Podcast about and what kind of topics does it cover?

The show centers on Modern Monetary Theory and public policy, hosted by two economists who break down complex monetary questions for a broad audience. Across episodes, core topics include government budgeting, public spending, austerity, and critiques of mainstream economics, with guests who are scholars or practitioners in economics, political economy, and related fields. Noteworthy is the show's emphasis on practical implications of monetary theory (e.g., job guarantees, fiscal sovereignty) and its willingness to challenge conventional views, often through accessible explanations and contemporary case studies. The format combines clear explanations with expert interviewees, making it useful for listeners who want to understand how monetar... more

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1. Macro N Cheese
2. Economic Update with Richard D. Wolff
3. Pitchfork Economics with Nick Hanauer
4. Current Affairs
5. Podcast – Cory Doctorow's craphound.com

How many episodes of The MMT Podcast are there?

The MMT Podcast launched 8 years ago and published 222 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The MMT Podcast?

Recent guests on The MMT Podcast include:

1. Dr Phil Armstrong
2. John T. Harvey
3. Sam Levey
4. Jakob Feinig
5. Katy Shields
6. Steven Hail
7. Steven Hale
8. Dr. Phil Armstrong

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