In his eighth "Letter From the Cape", economist Bill Mitchell, co-founder of Modern Monetary Theory (MMT) answers one of the great economic mysteries, if the Australian federal government can never run out of Australian dollars, why does it tax us?

The rest of the show is a dog's breakfast. But then, it is the fifth Friday.

Show Notes

Excerpts from a panel session: Do we need ‘big’ government?
held at the Adelaide Festival's Writers' Week, in March 2023

Broadcast Wed 22 Mar 2023 at 8:00pm
https://www.adelaidefestival.com.au/events/2023-writers-week/big-the-rol...

Panel chair: Paul Barclay from ABC Radio National.
Panelists:

• Richard Dennis -- economist and Executive Director, The Australia Institute
• Alan Kohler -- financial analyst at ABC News
• Wayne Swan -- former Federal Treasurer with the Labor Party, notably during the GFC

Excerpts from House Question Time, 22 June 2023

Theme Music

Pleading Ignorance, by Ed Kuepper, from the album Starstruck.
https://edkuepper.com/

Additional Audio

Too Many Things, by Ed Kuepper, from the album Starstruck.

Quiz Show Background Music Loop with changes
by Alexander Blu
https://orangefreesounds.com/quiz-show-background-music-loop/
The song is permitted for non-commercial use under license “Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)”

Ride To The City
Exzel Music Publishing (freemusicpublicdomain.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/by/3.0/