Progressive Money

Library

Every video on the site, each one a lesson with its own questions. Search by title, speaker or topic, or filter by level and length.

31 of 31 videos
Money in the modern economy: an introduction - Quarterly Bulletin
Money in the modern economy: an introduction - Quarterly Bulletin
What is money?Beginner5 minCoreAmar Radia, Bank of England

Five minutes from the Bank of England, filmed in its gold vaults, on what money is today.

The MYTH of Barter, and why it harms us
The MYTH of Barter, and why it harms us
What is money?Beginner25 minCoreBrett Scott

Brett Scott, a writer with a background in economic anthropology, takes apart the opening story of many economics textbooks: that people once lived by barter and invented money to escape its hassles.

How To Create A Currency From Scratch (Long Version)
How To Create A Currency From Scratch (Long Version)
What is money?Beginner10 minCoreStephanie Kelton

Kelton turns a lecture room into an imaginary country with its own currency.

Professor L Randall Wray | The History and Nature of Money | January 2024
Professor L Randall Wray | The History and Nature of Money | January 2024
What is money?Intermediate72 minLong lecture · optionalL. Randall Wray

Wray's online lecture for Modern Money Lab, an Adelaide-based MMT education charity, argues that money has always been a record of debt in a unit of account set by authorities.

Stephanie Kelton: The big myth of government deficits | TED
Stephanie Kelton: The big myth of government deficits | TED
Government spendingBeginner14 minCoreStephanie Kelton

Fourteen minutes from TEDMonterey in 2021, and the best first look at government finance for someone who has never studied it.

Modern Monetary Theory - A Primer
Modern Monetary Theory - A Primer
Government spendingBeginner20 minGo deeperBrett Scott

Brett Scott, who comes from economic anthropology rather than economics, gives a free-form, twenty-minute introduction to MMT.

Fiscal Policy
Fiscal Policy
Government spendingBeginner30 minGo deeperDamien White, Australian Treasury

A thirty-minute talk by Damien White, Treasury's Deputy Secretary for the Fiscal Group, at the RBA's Teacher Immersion Event on 18 July 2025.

Bill Mitchell: Demystifying Modern Monetary Theory
Bill Mitchell: Demystifying Modern Monetary Theory
Government spendingIntermediate23 minGo deeperBill Mitchell

A 23-minute interview from 2014 for the Institute for New Economic Thinking with Bill Mitchell of the University of Newcastle, often credited with coining the name Modern Monetary Theory.

Money creation in the modern economy - Quarterly Bulletin
Money creation in the modern economy - Quarterly Bulletin
Banks & debtBeginner5 minCoreRyland Thomas, Bank of England

Five minutes from the Bank of England on where money comes from in a modern economy.

How Do Banks Create Money? A Walk-Through of Richard Werner's Papers
How Do Banks Create Money? A Walk-Through of Richard Werner's Papers
Banks & debtIntermediate10 minGo deeperRichard Werner's research, narrated

A ten-minute narrated walk-through of Richard Werner's research on banking, including his 2014 study in which he took out a loan from a cooperating bank and checked what happened in its books.

Crash Course on Hyman Minsky, L. Randall Wray
Crash Course on Hyman Minsky, L. Randall Wray
Banks & debtIntermediate5 minCoreL. Randall Wray

Five minutes, recorded in 2010, from Randall Wray, a former student of Hyman Minsky who has worked to republish and apply his ideas.

Ann Pettifor - The Production of Money
Ann Pettifor - The Production of Money
Banks & debtIntermediate12 minGo deeperAnn Pettifor

A twelve-minute interview recorded during the 2017 UK general election, soon after Pettifor published The Production of Money.

Australia's Inflation Target
Australia's Inflation Target
InflationBeginner12 minCoreReserve Bank of Australia

The RBA's own eleven-minute explanation of its 2 to 3 per cent inflation target: what inflation is, why rapidly rising and falling prices are both costly, and how the cash rate is used to keep the economy close to its potential.

Sellers Inflation [Isabella Weber]
Sellers Inflation [Isabella Weber]
InflationBeginner4 minCoreIsabella Weber

A short animation, under four minutes, of Weber's account of the 2021 to 2023 inflation.

Isabella Weber: The Economics and Politics of Seller's Inflation
Isabella Weber: The Economics and Politics of Seller's Inflation
InflationIntermediate64 minLong lecture · optionalIsabella Weber

An hour-long Australia Institute webinar from 2023 in which economist Jim Stanford interviews Weber about sellers' inflation.

Professor Bill Mitchell - Inflation Targetting
Professor Bill Mitchell - Inflation Targetting
InflationBeginner4 minCoreABC Lateline Business

A four-minute ABC Lateline Business report from July 2012 on the history and politics of Australia's inflation measure, including a short interview with Newcastle economist Bill Mitchell.

Property developer says unemployment should rise
Property developer says unemployment should rise
Jobs & the economyBeginner1 minCoreSBS News

A 57-second SBS News clip from September 2023.

Professor Bill Mitchell - The Government Chooses the Unemployment Rate
Professor Bill Mitchell - The Government Chooses the Unemployment Rate
Jobs & the economyBeginner19 minGo deeperBill Mitchell

An 18-minute talk Mitchell gave at the Full Employment Workshop in Sydney on 30 May 2015, the 70th anniversary of Australia's 1945 White Paper on Full Employment.

MMT: What Is A Job Guarantee (or "Labor Standard")?
MMT: What Is A Job Guarantee (or "Labor Standard")?
Jobs & the economyBeginner8 minCoreBill Mitchell

Bill Mitchell explains the Job Guarantee in this eight-minute interview from 2014.

Pavlina Tcherneva — The Case for a Job Guarantee
Pavlina Tcherneva — The Case for a Job Guarantee
Jobs & the economyIntermediate58 minLong lecture · optionalPavlina Tcherneva

An hour-long online seminar at Brown University's Rhodes Center, hosted by Mark Blyth, on Tcherneva's book The Case for a Job Guarantee.

Universal Healthcare Probably Requires LOWER Taxes, Not Higher
Universal Healthcare Probably Requires LOWER Taxes, Not Higher
TaxIntermediate4 minCoreWarren Mosler

A four-and-a-half-minute excerpt from Steve Grumbine's interview with Warren Mosler for Real Progressives, about Medicare for All in the United States and how Bernie Sanders' campaign proposed to pay for it.

Negative Gearing Explained | Greg Jericho on the Project
Negative Gearing Explained | Greg Jericho on the Project
TaxBeginner8 minCoreGreg Jericho

An eight-minute segment from The Project, recorded in 2024 after the Stage 3 tax cuts were redesigned.

Michael Hudson Part 4 Economic Rent
Michael Hudson Part 4 Economic Rent
TaxIntermediate3 minCoreMichael Hudson

A three-and-a-half-minute excerpt in which Hudson summarises the classical idea of economic rent: income from owning land, natural resources or monopolies rather than from producing anything.

Australia's tax dilemma: the case for real reform | Richard Denniss National Press Club Address
Australia's tax dilemma: the case for real reform | Richard Denniss National Press Club Address
TaxIntermediate19 minGo deeperRichard Denniss

Denniss's 19-minute opening address at a National Press Club debate with Allegra Spender MP on 31 January 2024, as the Stage 3 tax cuts were being redesigned.

RSA ANIMATE: Economics is for Everyone!
RSA ANIMATE: Economics is for Everyone!
The global economyBeginner11 minCoreHa-Joon Chang

Chang's eleven-minute animated talk, drawn from his book Economics: The User's Guide, argues that economics is not one settled science but several schools with different assumptions and values, and that ordinary citizens can and should judge economic arguments.

Real Terms Of Trade: Imports are a Benefit, Exports are a Cost
Real Terms Of Trade: Imports are a Benefit, Exports are a Cost
The global economyBeginner3 minCoreWarren Mosler and Stephanie Kelton

A three-minute clip in which Mosler, in conversation with Stephanie Kelton, makes the case that in real terms imports are a benefit and exports a cost: what a country gets to consume is what it produces plus what it imports, minus what it ships away.

Whose interest does the IMF really serve? Fadhel Kaboub explains
Whose interest does the IMF really serve? Fadhel Kaboub explains
The global economyBeginner11 minCoreFadhel Kaboub

Kaboub, interviewed on a Sri Lankan current-affairs program, argues that the IMF and World Bank belong to a colonial-era economic architecture that keeps the Global South supplying cheap raw materials and importing technology, and that countries should cooperate regionally to build their own food, energy and manufacturing capacity.

Joan Muysken Lecture: "The Eurozone, Groupthink and denial on a grand scale"
Joan Muysken Lecture: "The Eurozone, Groupthink and denial on a grand scale"
The global economyIntermediate88 minLong lecture · optionalBill Mitchell

Mitchell's Maastricht lecture, based on his book Eurozone Dystopia, argues that the euro was flawed from the start: it bound very different economies to one currency without a central budget able to support a region in a slump.

Webinar Series: The Great Divide: Australia's housing mess and how to fix it. With Alan Kohler
Webinar Series: The Great Divide: Australia's housing mess and how to fix it. With Alan Kohler
HousingBeginner62 minLong lecture · optionalAlan Kohler

A 62-minute Per Capita webinar, recorded in late 2023, in which finance journalist Alan Kohler discusses his Quarterly Essay The Great Divide.

Cameron Murray - The Great Housing Hijack | Australia's Biggest Book Club
Cameron Murray - The Great Housing Hijack | Australia's Biggest Book Club
HousingIntermediate63 minLong lecture · optionalCameron Murray

A 63-minute Australia Institute book club, recorded in March 2024, in which economist Cameron Murray discusses his book The Great Housing Hijack with Greg Jericho.

What Economists Aren't Telling Us About the Property Market | Steve Keen, Economist
What Economists Aren't Telling Us About the Property Market | Steve Keen, Economist
HousingIntermediate69 minLong lecture · optionalSteve Keen

A 69-minute episode of The Elephant in the Room, an Australian property podcast, recorded in 2022 as interest rates began to rise.