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
Just what would a “Green New Deal” entail, exactly? IT’S THE SPRING of 2043, and Gina is graduating college with the rest of her class. She had a relatively stable childhood. Her … Continue reading With a Green New Deal, Here’s What the World Could Look Like for the Next Generation
The assumption that raising productivity is the key to higher GDP looks like it needs a rethink. During the 2016 presidential primary campaign, some supporters of Bernie Sanders argued that their candidate’s spending proposals … Continue reading Maybe We Have the Economic-Growth Equation Backward | Bloomberg
Here’s the good news: Anything that is technically feasible is financially affordable. And it won’t be a drag on the economy ― unlike the climate crisis itself, which will cause tens of … Continue reading We Can Pay For A Green New Deal
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