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Zack Polanski’s public spending plans are pure fantasy
Wednesday 08 April 2026 5:19 am | Updated: Tuesday 07 April 2026 11:28 am
Zack Polanski’s public spending plans are pure fantasy
By: Paul Ormerod
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Add as a preferred source on GoogleLONDON, ENGLAND - MARCH 28: Green Party leader Zack Polanski speaks during the 'Together Against The Far Right' rally on March 28, 2026 in London, England. Speakers at the anti-racism rally "Together Against The Far Right" are Zack Polanski, leader of the Green Party, and Labour MP Dawn Butler. The rally is supported by Unite, the Union, and musical acts and celebrities sympathetic to the cause. (Photo by Alishia Abodunde/Getty Images)
Advisors to the Green Party are advocating Modern Monetary Theory, It’s been tried before and proved a disaster, says Paul Ormerod
The Green Party is riding high in the polls – a recent survey puts them joint top, with Labour in fourth place.
On the economics front, this raises once again the spectre of Modern Monetary Theory (MMT). Several key advisors to the Greens seem to be enthusiasts.
MMT essentially asserts that governments which control their own currency can finance any level of spending simply by printing........
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