Bill Black: The Day Orthodox Economists Lost Their Minds and Integrity (#MMT)
Chronicling and debunking more scurrilous attacks against MMT.
Read more...Category Archives: The dismal science
Bill Black: Three Natural Experiments Documenting Krugman’s Bias Against MMT
Funny how considering MMT brings out the worst in some people….
Read more...MMT Responds to Brad DeLong’s Challenge
Randy Wray wades in yet again to contend with disinformation about MMT.
Read more...Martin Wolf: Why Economists Failed as “Experts”—and How to Make Them Matter Again
Economists should stop pretending to be scientists and go back to the core of the discipline—as a field of inquiry and way of thinking
Read more...Bill Black: MMT Takes Center Stage – and Orthodox Economists Freak
On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Read more...Can the US Treasury Run Out of Money When the US Government Can’t?
Debunking some arguments against MMT by explaining why the US Treasury can’t run out of money.
Read more...The Incoherence of Larry Summers, a Serious Economist
Larry Summers as a negative indicator.
Read more...The Possible Chinese-US Trade Deal
A review of opinions in the English-speaking blogosphere on the likely content of the US-China deal and the message this agreement sends to the world.
Read more...Do Real Estate Markets Make Our Cities Less Livable?
Author Samuel Stein talks about how capitalism shapes cities.
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...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...The Financial Crisis Was a Minsky Moment but We Live in Strange Times
Why has Susan Strange been reputationally short changed as an expert in financial instability?
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...How Imperfect Knowledge Shapes Financial Markets
A discussion of various theories of how financial markets set prices.
Read more...Who Is Really A Socialist?
Identifying some core “socialist” views.
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