Sunday, May 24, 2026

The Smith Family Comics Continues – Episode 3 Out Now – William Mitchell – Modern Monetary Theory


Episode 3 of our new weekly comic series – The Smith Family and Their Money Adventure – Available now. Have fun with it and distribute it to those you think would benefit…

The Smith family is a middle-class family living in a city in the world. Second generation parents are college educated and have professional careers. Their two children attend local public schools.

It’s bedtime for the Smiths and we find Ryan playing Patience on his phone, challenging his brain, and Elizabeth doing some arithmetic, which she follows in a blog post recommended by Kevin.

For Elizabeth, who is open to things, follow the logic of this example which shows that the government must spend first before the non-government sector can meet the tax obligations levied on it.

The friction between adults is increasing.

I hope you enjoy this unfolding story.

If you identify yourself with any of these characters, then either continue spreading your MMT knowledge or get our textbook and get up to speed, depending on which character you might identify with.

Any feedback you have other than “this sucks” would be greatly appreciated.

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That’s enough for today!

(c) Copyright 2023 William Mitchell. all rights reserved.



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