The posts from the MMT Primer series have been collected and organized into Randy's latest book, Modern Money Theory. It makes for a much more coherent read and is highly recommended for anyone seriously interested in the MMT perspective. (Available f
Rising Tides Lift All Yachts: Why the 1% Grabs all the Gains From Growth By L. Randall Wray You’ve probably seen references to the work of my colleague (and former student), Pavlina Tcherneva in recent days.
Some people define the concept of subsidiarity as the State doing whatever the individual cannot do for him- or herself. More accurately, the Oxford English Dictionary defines subsidiarity as the idea that a central authority should have a...
Tweet Sign the petition! Tell the future Prime Minister of the UK that money creation should only be used in the public interest. We need to know your name. Please check your email is valid. not in the UK?
“80% of all the income gains since start of recovery have gone to the top 20%” AMERICAblog (blog) My final Five Questions interview was with economist Stephanie Kelton, chair of the Economics Department at UMKC and a leading light in the “Modern...
The Re-invent Democracy Platform and MMT The MMT Uptake Problem Proponents of the Modern Monetary Theory (MMT) approach to macroeconomics have had many successes since the approach was first synthesized in coherent form by Warren Mosler.
In the second half of this episode of the Keiser Report Max Keiser interviews Ben Dyson of Positive Money about money creation and the brazen economic illiteracy of the political classes and the mainstream media.
Sorry if that's not worded well - I'm pretty ignorant on this matter and ask after reading this link. What I'm asking is something like... (What do mainstream economists not like or disagree with in Modern Monetary Theory?
While attending the 2014 Netroots Nation conference, Gaius Publius — contributing writer at AmericaBlog and member of the Virtually Speaking Sunday media panel — conducted three interviews under the heading "Five Questions." This year he spoke with...
Yves here. In this post, Bill Black does the yeoman's work of stepping through one revelation in Fed whistleblower Carmen Segarra's tapes from some of her discussions with more senior colleagues at the New York Fed.
On September 29, Robert Reich writes on AlterNet: I was in Seattle, Washington, recently, to congratulate union and community organizers who helped Seattle enact the first $15 per hour minimum wage in the country.