If the Democrats want to get anything done, they need to understand the government deficit like the Republicans do. Source: Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net Continue reading Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net
A resolution has been forwarded in the Senate to condemn Modern Monetary Theory. But if the government is now in the condemning-economic-theory business, I have some much better candidates: Monetarist, Trickle Down, … Continue reading The Senate Resolution To Condemn MMT: Here Are Some Better Candidates For Condemnation
As Democrats present ambitious policy proposals, they are frequently asked how they will be paid for. The answer, increasingly, comes from Stephanie Kelton, the public face of modern monetary theory. Another mainstream media outlet talking about MMT. Source: Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ Continue reading Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ
Maybe we can just spend our way out of a crisis. Actually we can. Source: Modern Monetary Theory explained — why Alexandria Ocasio-Cortez is a fan – Business Insider Continue reading Modern Monetary Theory – MMT: Here’s a plain-English guide to what it is and why it’s interesting | Business Insider
Good job describing Modern Monetary Theory, which, itself, describes how money works and where it comes from. Source: (174) The way politicians talk about economics is wrong – and dangerous – YouTube Continue reading The way politicians talk about economics is wrong – and dangerous
The report found that “high costs in war and war-related spending pose a national security concern because they are unsustainable. That’s not the issue.. the issue is that we always seem to … Continue reading U.S. Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11, Report Says | Newsweek
MMT is no longer limited to books and journals. It’s being used to support policy proposals and is both lauded and attacked in the popular press. The latter has accelerated of late, … Continue reading MMT: Sense Or Nonsense?
The old rules are being rejected, among liberals and conservatives, politicians and economists. Finally. Things like climate change or the explosive cost of healthcare, even student debt, cannot be addressed until people … Continue reading How America Learned to Stop Worrying and Love Deficits and Debt – The New York Times
It is right and just and fair to ask if the government can afford wars, social support programs, border walls, and so on. It is wrong, however, to think of that in terms of money. That’s not the problem. Resources are. Source: But Can The Government Afford It? Continue reading But Can The Government Afford It? | Forbes
Modern monetary theory is just a different way to fight over what those priorities should be. Modern Monetary Theory in the Financial Times. Source: America has never worried about financing its priorities … Continue reading America has never worried about financing its priorities | FT
Those who ask ‘how will we pay for’ a Green New Deal need to learn public finance. Ditto those fearing inflation. We’ll pay for the GND as we do everything else, and … Continue reading The Green New Deal: How We Will Pay for It Isn’t ‘a Thing’ – and Inflation Isn’t Either | Forbes
So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just … Continue reading Debt? What debt? The new wave in Democratic thinking – CNNPolitics
