Rate My Professor Bill Mitchell

Emeritus Professor Bill Mitchell holds the Chair in Economics in the College of Human and Social Futures at the University of Newcastle, where he directs the Centre of Full Employment and Equity (CofFEE), an official research centre. A co-founder of Modern Monetary Theory (MMT), he also serves as Docent Professor of Global Political Economy at the University of Helsinki, Finland, and JSPS International Fellow at Kyoto University, Japan. Mitchell earned his PhD from the University of Newcastle, Master of Economics from Monash University, and Bachelor of Commerce from Deakin University. His research specializations include MMT, buffer stock employment models, the Job Guarantee, costs of unemployment, Phillips curve studies, functional economic areas, regional unemployment vulnerability, framing and language studies with application to macroeconomics, Markov-switching models of job creation and destruction, spatial econometrics, employment, labour economics, macroeconomics, monetary theory, regional development, time series econometrics, and urban and regional economics.

Mitchell's career history encompasses Lecturer at Flinders University, Director at the University of Newcastle from 1985 to 1990, Senior Lecturer from 1988, Professor in Business and Law from 1992, Visiting Professor at the University of Maastricht from 1990 to 1999, and currently Emeritus Professor. He has authored key books such as Macroeconomics (Macmillan, 2019) with L. Randall Wray and Martin Watts, Modern Monetary Theory: Bill and Warren's Excellent Adventure (Lola Books, 2024) with Warren Mosler, Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Press, 2017) with Thomas Fazi, Eurozone Dystopia: Groupthink and Denial on a Grand Scale (Edward Elgar, 2015), Full Employment Abandoned: Shifting Sands and Policy Failures (2008) with Joan Muysken, and Achieving Full Employment (2001) with Ellen Atkinson Carlson. Selected journal articles include “Debt and Deficits—A Modern Monetary Theory Perspective” (Australian Economic Review, 2020), “The modern monetary theory literature seems to have escaped Drumetz/Pfister” (European Journal of Economics and Economic Policies: Intervention, 2023), and “The Job Guarantee and Inflation Control” (Economic and Labour Relations Review, 2001). Mitchell provides consulting to the European Commission, ILO, and ADB, appears as expert witness in industrial tribunals and federal government enquiries, edits the International Journal of Environment and Employment, serves on committees including the ARC Research Network in Spatially Integrated Social Science, and gives keynote presentations internationally.