Here in the new Chinese Year of the Pig, we find ourselves surrounded by much madness, cultural, political, and - of course - financial. Old errors and past failures are being dusted off and burnished up, ready to be repeated. THIS time it will be different, we are told - but only if some of those pigs first learn to fly

MMT has recently enjoyed a sudden resurgence in popularity. but, like so many other systems which claim to reveal previously undiscovered truths, it turns out to be nothing more than a retread of a number of age-old fallacies, only appealing because it seems to promise the Provider State unlimited power to interfere in our lives. We discuss its failings here.