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ECB admits its models have misplaced theoretical foundations ...

ECB admits its models have misplaced theoretical foundations ... | The Money Chronicle | Scoop.it
In a speech at the Hyman P. Minsky Conference on Financial Instability, 26 November 2012, Vítor Constâncio, Vice-President of the ECB, said (h/t money4nothing): It is a great pleasure to be here today to participate at this ...
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The Money Chronicle
Issues dealing with money reform and changes to our monetary system
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The Role Of Money : Soddy,Frederick. : Free Download & Streaming : Internet Archive

You can download this book free from the internet archive in various formats if you have an Ereader or PDF. You can also listen to it read back to on the archive if you find that easier.

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S for Saint Simon

S for Saint Simon | The Money Chronicle | Scoop.it
Part S in the Insider’s Economic Dictionary
S-curve: The typical shape of growth in nature, such as human beings whose height tapers off as they reach maturity.
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How the current money system is damaging Businesses, Society and Environment (video)

How the current money system is damaging Businesses, Society and Environment (video) | The Money Chronicle | Scoop.it
Tweet Fran Boait, Positive Money’s Campaign and Operations Manager, presented the main reasons why we should care about the way money is created at the Positive Money conference ‘Modernising Money’ in January 2013.
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What Is An American Corporation And Does It Matter?

What Is An American Corporation And Does It Matter? | The Money Chronicle | Scoop.it
On July 29, 2014, Scott Baker writes on Op-Ed News.
Robert Reich published the following article in today’s Huffington Post.
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Corporate Artful Dodgers

Corporate Artful Dodgers | The Money Chronicle | Scoop.it
On July 27, 2014, Paul Krugman writes in The New York Times:
In recent decisions, the conservative majority on the Supreme Court has made clear its view that corporations are people, with all the attendant rights.
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Episode 346 with Stephanie Kelton and Rania Khalek

Episode 346 with Stephanie Kelton and Rania Khalek | The Money Chronicle | Scoop.it
Episode 346 of the Matthew Filipowicz Show is now available to stream and download. Coming up on today's show we have Professor Stephanie Kelton here to discuss what many progressives are getting wrong in the debate about the economy.
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Stephanie Kelton Econ Archives

Stephanie Kelton Econ Archives | The Money Chronicle | Scoop.it
Economics makes sense when the economist is making sense. In this series of
– usually – hour-long conversations Stephanie Kelton talks with Jay
Ackroyd, digby and Gaius Publius.
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▶ Racing to a Dead End - Heiner Flassbeck on Reality Asserts Itself (2/5) - YouTube

Mr. Flassbeck, former head of UNCTAD, says current economic policy is heading back to the 1930s, a race to the bottom, they have no solution at all, we will ...
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▶ Reaganism and Thatcherism were Intellectually Dishonest - Heiner Flassbeck on RAI (1/5) - YouTube

On Reality Asserts Itself, Mr. Flassbeck, former director of UNCTAD, discusses growing up in a US dominated Germany and his opposition to the birth of neolib...
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85 Super Wealthy People Have More Money Than The Poorest 3.5 Billion Combined

85 Super Wealthy People Have More Money Than The Poorest 3.5 Billion Combined | The Money Chronicle | Scoop.it
On July 27. 2014, Michael Snyder writes on The Economic Collapse: The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year. ...
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Binary Economics | Binary Options | Binary Options Trading ...

Binary Economics | Binary Options | Binary Options Trading ... | The Money Chronicle | Scoop.it
Binary economics (aka Two-factor Economics) is a theory of economics that endorses both private property and a free market but proposes significant reforms to.
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keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv - YouTube

RT @DavidGlotzer: keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv http://t.co/VaDHjmVLWc
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Where money comes from and why it matters

Where money comes from and why it matters | The Money Chronicle | Scoop.it
Tweet Six years have passed since the financial crash of 2008. Since then there has been a parade of books explaining how it happened.
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Interview with Steve Keen: A Computer Simulation of Monetary Dynamics - YouTube (11min)

The financial crisis that ran from 2007 to 2009 has been called a "Minsky Moment," meaning it offered a much-needed reminder to all economists of Hyman Minsky's neglected dictum that "capitalism is essentially a financial system."

But even with this reminder, it is hard to know what to do next, since it is difficult to express Minsky's vision using the standard equilibrium methods of economics. Arguably that is one reason that Minsky has remained a minority taste in economics. 

Steve Keen, a grantee of the Institute for New Economic Thinking, wants to change all that by developing a computer simulation tool that captures the monetary side of the economy in a realistic way, including its non-linear dynamic development over time.


Via Sepp Hasslberger
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Sepp Hasslberger's curator insight, July 26, 2:04 PM

We might learn some surprising things about economics once this tool to analyse the monetary side of things, becomes available...

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Spice: Cheryl, Cardiff | Community Currencies in Action

Spice: Cheryl, Cardiff | Community Currencies in Action | The Money Chronicle | Scoop.it
Over the coming months we'll be presenting spotlights on our currencies to show just how they are having impact to people's lives. We're starting with Spice Time Credits, looking at a case study from a time banks in Cardiff, ...
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Debt Problems: Why is There So Much Debt? - Positive Money

Debt Problems: Why is There So Much Debt? - Positive Money | The Money Chronicle | Scoop.it
Tweet The Problem 1. Banks create new money when people go into debt When you take out a loan, new money is created. As people borrow more, more new money comes into the economy.
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A Bill To Get the Labor Movement Back On Offense

A Bill To Get the Labor Movement Back On Offense | The Money Chronicle | Scoop.it
On July 30, 2014, George Zornick wites on Nation Of Change:
For years, the American labor movement has been on the defensive as it has become harder and harder for workers to join or maintain a union.
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Giving everyone a basic income would work for the same reasons Social ... - Vox

Giving everyone a basic income would work for the same reasons Social ... - Vox | The Money Chronicle | Scoop.it
Giving everyone a basic income would work for the same reasons Social ...
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▶ The US Dollar and the Search for a "Reasonable" Capitalist - Heiner Flassbeck on RAI (3/5) - YouTube

On Reality Asserts Itself, Mr. Flassbeck says the stock market bubble can burst at any moment because everybody knows there is no real growth behind it; then...
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Warren Mosler: What Modern Monetary Theory Tells Us About Economic Policy - YouTube

Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important...
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Finances & Funding

Finances & Funding | The Money Chronicle | Scoop.it
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?
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▶ Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMF - YouTube

http://www.democracynow.org - A group of five countries have launched their own development bank to challenge the U.S.-dominated World Bank and International...
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How the Banking System Affects Democracy - Positive Money

How the Banking System Affects Democracy - Positive Money | The Money Chronicle | Scoop.it
Tweet 1. We’ve given the power to create money to the banks, with no accountability Banks create money when they make loans, which means that they effectively control where newly created money goes to in the economy.
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El Mundo on Positive Money

El Mundo on Positive Money | The Money Chronicle | Scoop.it
El Mundo, Spain’s largest digital newspaper, published an article on positive money after an interview with Ben Dyson on 27th July 2014. Here’s the translation: Where does money come from?
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RALPHONOMICS: De Grauwe plagiarizes MMT.

RALPHONOMICS: De Grauwe plagiarizes MMT. | The Money Chronicle | Scoop.it
De Grauwe plagiarizes MMT. See here. Reminds me of the refrain in that Tom Lehrer song "Lobachevesky": “plagiarize, plagiarize, plagiarize, only be sure to call it research.” See below.
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Occupy Dallas - Deficit Terrorist Democrats Professor... | Facebook

Deficit Terrorist Democrats

Professor Stephanie Kelton: "I don't know if this would have been good legislation, but I do know Dems and Prez are... (#Dallas Deficit Terrorist Democrats

Professor Stephanie Kelton: "I don't know if this...
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