Welcome to MMTed

MMTed offers on-line, interactive tuition in Modern Monetary Theory (MMT).

Students receive first-class tuition from well-known professors in small classes facilitated via an on-line video platform (real-time and pre-recorded) and can access learning materials in digital and hard-copy formats.

We also offer Masterclasses that are staged at venues around the major cities of the world.

MMTed does not hold itself out as an award-conferring educational institution under any national accreditation jurisdiction. It operates in the long-standing tradition of the Free University (although some costs might be recovered).

MMTed is the educational arm of the - Centre of Full Employment and Equity - and one of the MMT founders, Professor William Mitchell is the Director.

Manga - The Smith Family

MMTed has developed a Manga series - The Smith Family and their Adventures with Money - to provide an accessible way for people to learn the principles of Modern Monetary Theory (MMT) while having still enjoying a bit of intrigue and fun.

Season Three - is now available (monthly from June 20, 2025).

For more details - Home Page - including Seasons 1 and access, character bios, and a Recap to ensure you remember everything to date, etc.

Modern Monetary Theory: Economics for the 21st Century - Open Access MOOC

MMTed has now released the MMT MOOC on an Open Access licence.

The MMTed MOOC was offered several times under the University of Newcastle's edX licence. It aimed to provide interactive tuition in Modern Monetary Theory (MMT). The University has now kindly allowed MMTed under the direction of Professor William Mitchell (the course developer) to make the resources available under certain licensing conditions. Some of the edX functionality is not offered here but all the course materials are now available on an on-going basis for self-paced learning.

The course material is offered free of charge and there are no academic awards given by MMTed upon completion.

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This is one of the videos we created while we were developing the content for the course.

Textbook

MMTed draws on a range of materials for its educational program. A primary learning resource is the textbook - Macroeconomics - published by Bloomsbury Books (UK) in February 2019. A new second edition will be forthcoming in 2026.

This is a two-semester, University-level sequence in Macroeconomics and provides a detailed set of learning tools.

Mitchell, Wray and Watts Macroeconomics Text