The Centre of Full Employment and Equity (known as CofFEE) is an official research centre at the University of Newcastle.
Our mission is to promote research aimed at restoring full employment and achieving an economy that delivers equitable outcomes for all.
CofFEE advocates the implementation and maintenance of the Job Guarantee
New Book - Modern Monetary Theory: Bill and Warren's Excellent AdventurePublished: July 15, 2024
In this book, William Mitchell and Warren Mosler, original proponents of what's come to be known as Modern Monetary Theory (MMT), discuss their perspectives about how MMT has evolved over the last 30 years, The book provides the reader with a fundamental understanding of the original logic behind 'The MMT Money Story' including the role of coercive taxation, the source of unemployment, the source of the price level, and the imperative of the Job Guarantee as the essence of a progressive society. Orders ... |
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CofFEE Financial Resilience Barometer V.1.0Released: October 18, 2023CofFEE in collaboration with Professor Scott Baum (Griffith University) have developed a Financial Resilience Barometer Index, which provides a detailed assessment of financial vulnerability by geographic region for Australia. You can view detailed 'suburb' profiles and use the mapping tool to produce chloropeth maps with additional details. A technical introduction - The Australian Financial Resilience Barometer: An Index for Australian Localities - can be download. Access ... |
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William Mitchell- An Introduction to Modern Monetary Theory (October) - Download
William Mitchell - A comparative introduction to the economies of Australia and Japan (October) - Download
Scott Baum and William Mitchell - The Australian Financial Resilience Barometer: An Index for Australian Localities (October) - Download
CofFEE undertakes basic and applied research in areas such as macroeconomics, monetary systems, regional and urban economies, applied time series and spatial econometrics. CofFEE researchers are among the original developers of Modern Monetary Theory (MMT) and the concept of employment buffer stocks (Job Guarantee).
Our researchers also have a long record of completing research commissions for various clients including ILO, Asian Development Bank, European Commission, the Australian Government, various Trade Unions and industry associations. If you are interested in accessing our research expertise please contact our office.
CofFEE's education project - MMTed - provides on-line and face-to-face teaching and specialised Masterclasses to further the public understanding of Modern Monetary Theory (MMT).
CofFEE Director Professor Bill Mitchell introducing the new Macroeconomics textbook - March 1, 2019.
The Director's daily blog provides commentary and analysis of economic events.
Investing in a Job GuaranteeJuly 17, 2020: CofFEE's analytical simulation model shows that to reduce the unemployment rate from 10 per cent to 4 per cent, the net investment would be $51.7 billion for a year. This would create 1,244 thousand jobs, 200 thousand of them in the private sector as a result of the extra income earned by the Job Guarantee workers. See also a short Job Guarantee Q&A video with Professor William Mitchell. |
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The MMT textbook - Macroeconomics - was published by Macmillan in February 2019. Second edition is coming in 2024.
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
© CofFEE 2023
Contact
Telephone: +61-0419 422 410
E-mail: Bill.Mitchell@newcastle.edu.au
