We’re pleased to announce our upcoming web conference with Stephanie Kelton, Assistant Professor in the Economics Department of the University of Missouri-Kansas City.

Stephanie, who tweets as @deficitowl and contributes to the New Economic Perspectives website, is a major proponent and developer of Modern Monetary Theory (MMT), a radical and sometimes controversial post-Keynsian theory that holds that Governments should print money to spend their way out of recession.

Since we have people willing to work, and goods and services that need to be exchanged, the only obstacle is lack of money: why not just print some?

MMT theorises that money is not a commodity, but is created by law to enable the exchange of commodities. For background information on MMT, read the MMT Primer.

Stephanie will be speaking on:

MMT and the Austerity Agenda

Date: Friday 6 July

Time: 4:30pm GMT

Place: usilive.org – web conference meeting MMT with Stephanie Kelton

Joining instructions:

On the right side of the home page there is a box called Web Conference, with a drop down list of meeting rooms. Select the meeting called MMT with Stephanie Kelton.

Type in your name, and password 123.

Click ‘Join’, and you will be redirected to the web conference.

A window will pop up asking permission to use your web cam and microphone, as well as the opportunity to choose devices and edit preferences. Allow, and click ‘join audio’. If possible, use a head set, as computer speakers can cause feedback.

Your web cam won’t come on automatically. There is a camera icon in the top left hand corner of the screen. If you click that a video window will open with a ‘play’ button at the bottom. If you click that your video will go live.

Using a web cam and mic is optional – if you choose not to use them, you can still by chat. The conversation will be moderated.You can ask questions by typing them in the chat area to the right of the screen, or by clicking the hand icon to indicate you wish to speak.

You can also ask questions on twitter by messaging @USiLive and using the #MMT hashtag – we’ll put your questions to Stephanie and feed the responses back.

Please join us – we look forward to speaking to you.