The Incoherence of Larry Summers, a Serious Economist
Larry Summers as a negative indicator.
Read more...Category Archives: Macroeconomic policy
The Green New Deal: Just Focus on What We Do, Not How We Pay for It
The debate over the Green New Deal reinforces why government policy should focus on real resource constraints.
Read more...Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...The Yellow Vest Phenomenon and the Radical Right
While some protestors outside France are using the yellow vest to make demands for and end to austerity and greater economic fairness, in some countries, far right wingers are taking up the costume.
Read more...Warren Buffett Denounces Deficit Hawkery in His Latest Shareholder Letter
Warren Buffett hasn’t yet become an MMT advocate, but he’s officially decided that worrying about Federal deficits is besides the point.
Read more...Bill Black: Modern Monetary Theory Is On the March (#MMT)
A recent Wall Street Journal article that tried debunking MMT effectively supported it.
Read more...Wellbeing Measurements, Easterlin’s Paradox and New Growth Models: A Perspective through Gross National Happiness
Examines new growth models, especially Bhutan’s, which has pursued gross national happiness, rather than GDP, since the 1970s.
Read more...On Modern Monetary Theory (#MMT)
Mainstream economists are finally deigning to notice MMT.
Read more...MMT’s Opening
Another go at clearing up press and pundit misrepresentations of MMT.
Read more...Bill Black: AOC# and MMT Spook the AEI
Right wingers go on tilt as AOC talks up MMT.
Read more...Brexit: Blame It on the Banking Crisis
The parts of the UK hit hard by post-crisis austerity had a strong tendency to vote for Brexit.
Read more...How Shocking Was Shock Therapy?
Poland managed to escape a lot of the “shock doctrine” treatment, yet has gone hard right. What happened?
Read more...The Euro at 20: An Enduring Success but a Fundamental Failure
The euro will stumble forward. No one will be happy with its operation. Equally, no one will leave.
Read more...Basic Income vs Guaranteed Jobs: What If We Paid Stay-At-Home Moms?
Wouldn’t it be great if we just paid women for the work they already do?
Read more...How the International Monetary Fund Imposes Its Economic Policies on Argentina
The IMF has a long history of strong-arming the direction of Argentina’s policies and economy.
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