MMT 1st Summer School in Poznań

Organizers: Edward Lipiński Foundation and Heterodox Publishing House.
Date: 8 – 12 September, 2021
Venue: Poznań, Mostowa 10 Street, Poland

Extended deadline for applications: 21 July, 2021

Event on facebook: https://www.facebook.com/MMT.School.in.Poznan/

Program: MMT Summer School’s new program

Due to severe pandemic situation in the United States, the School is a hybrid event that features in-person lectures & workshops as well as online lectures.

The School is intended for economics students, PhD students, practitioners and early-career researchers interested in the Modern Monetary Theory. We provide an international learning environment for those interested in deepening their knowledge of the modern money: its origins, the fiscal-monetary nexus, the tax-driven theory of money, and the MMT-based policy proposals, such as Job Guarantee and Green New Deal. Over five days, participants will have an opportunity of attending lectures, presenting their findings and ideas, as well as discussing them with highly competent faculty. They will also take part in workshops that will improve their critical thinking and analytical skills.

The application procedure, topics, events connected to the School and a short description of MMT can be found below.

Application procedure

We encourage all prospective participants to send us a short Letter of Application (max. 600 words) along with a short CV. Application letter should cover three areas: (i) your economic and possibly research interests; (ii) personal statement outlining your interest in the Summer School; (iii) how did you learn about the MMT. To apply please follow this link.

The application can be also sent by email to: m.czachor@fundacjalipinskiego.pl

Applicants will be informed about the acceptance decision in July 2021.

School’s confirmed speakers:

• Dirk Ehnts (Technische Universität Chemnitz)
• Eric Tymoigne (Lewis & Clark College, Portland)
• Alla Semonova (State University of New York, Potsdam)
• Zdravka Todorova (Wright State University)
• L. Randall Wray (Levy Economics Institute)
• Maurice Höfgen (Research Associate of Fabio De Masi)
• Iwo Augustyński (Wroclaw University of Economics and Business)
• Sam Levey (University of Missouri-Kansas City)

Special events connected to MMT Summer School:

• “MMT for political activists” with Patricia Pino & Christian Reilly
• 2nd edition of International European MMT Conference in Berlin (September 13 – 14, 2021)

Application and organizational details 

The School is organized by Edward Lipiński Foundation for Promoting Economic Pluralism in cooperation with Heterodox Publishing House.

For more information, please contact the Organizing Committee through email: m.czachor@fundacjalipinskiego.pl, g.bachurewicz@fundacjalipinskiego.pl, f.lubinski@fundacjalipinskiego.pl or facebook.

Extended application deadline: 21 July, 2021

Acceptance decision: 31 July, 2021

Scholarship Program of Edward Lipiński Foundation

As part of the Lipiński Foundation’s scholarship program, a selected number of students will receive tuition scholarship (covering the School fee) and/or travel scholarship based on their application. Interested students should state their motivation for funding in the Motivation Letter. Scholarships will be granted to selected applicants who (i) have already shown strong interest in the Modern Monetary Theory (i.e., MMT related research), (ii) have academic achievements and (iii) are in a difficult financial situation or require financial assistance for travel.

School fee: 110 EUR/ 500 PLN

The fee covers lunches, coffee breaks and the special event „Framing the MMT”.

The number of the School’s participants is limited to 30-40 people due to pandemic restrictions.

Deadline for payment: 8 August, 2021.

Organizing Team:

Marcin Czachor (Heterodox Publishing House and Edward Lipiński Foundation)

Gracjan R. Bachurewicz (University of Warsaw and Edward Lipiński Foundation)

Filip Lubiński (University of Warsaw and Edward Lipiński Foundation)

Wiktor Warchałowski (University of Wrocław and Edward Lipiński Foundation)

What is MMT?

The rising popularity of Modern Monetary Theory (MMT) is both intellectually and politically exciting phenomenon that has greatly changed the economic thinking over recent years. Some time ago, it was an obscure idea only a bunch of heterodox economists and a few academic articles and books talked about. Today, it has captured the imagination of many, including politicians, central bankers, policymakers, journalists, publicists, bloggers, activists, and a rising number of new generation of economists. MMT proponents see the theory not only as the actual description of the current fiat money system, but also as a tool that enables us to deal with rising social inequalities, labour market problems and the climate crisis. As such, MMT is also a theoretical vindication of the importance of active role of the state and the use of its fiscal policy to deliver better economic and social outcomes for everyone. MMTers argue that fiscal policy is the most important tool to achieve full employment (i.e. keeping up demand) and economic growth, while, at the same time, helping to revitalize the public institutions, politics and democracies.

In order to meet the growing need of the general public to learn the principles and somewhat more advanced concepts behind the Modern Monetary Theory, Edward Lipiński Foundation and Heterodox Publishing House have decided to launch the 1st edition of MMT Summer School in Poznań.

Modern Monetary Theory Summer School in Poznań is the first of its kind MMT event in Europe. The School’s lecturers include, among others, Profesors L. Randall Wray and William Mitchell – the founding fathers of MMT, and Profesors Zdravka Todorova (specializing in feminist economics) and Alla Semenova (a researcher in the field of monetary systems of the ancient Mesopotamia and Greece).