Economic historian/analyst Richard Vague clears up some of the misconceptions that Matt Taibbi and others have about MMT and crisis spending.
Tuesday, September 16, 2025
Covid-19 Diagnosis: Will We End Applying a Mosaic of Methods Worldwide?
A look at promising Covid-19 test methods, and why diagnosis approaches may wind up differing across countries.
Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems
A tidy case study into how much money it takes to buy Congressional votes.
Somebody Needs to Tell Chuck Schumer that the Entire Working Class Is “Heroic,” Not Just “Essential Workers”
Schumer’s “Heroes Fund” would create a new labor aristocracy
2:00PM Water Cooler 4/13/2020
Today’s Water Cooler: Let’s make Monday Fun Day!
To Fight the COVID Pandemic, Policymakers Must Move Fast and Break Taboos
To combat COVID-19, central banks, including the ECB, must cross the Rubicon of monetary financing and immediately transfer the 20%-30% of GDP this will cost into fiscal coffers.
Some Comments on the Sanders Campaign
Thoughts on the Sanders kneecapping.
Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
Why more austerity is one of the worst possible responses to the pandemic….yet the US is seeing even more of it.
Will the United States Post Office Become a Victim of #COVID19?
Is there space for a deal in the next bailout bill for saving the Post Office?
The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 5)
Muni purchases are finally here
Coronavirus Research Done Too Fast Is Testing Publishing Safeguards, Bad Science Is Getting Through
Scientific publishing is already suffering a quality control crisis, so it’s important to give a hard look at often-rushed coronavirus studies.
Labor Admits Superannuation Is a Ponzi Scheme
An Australian proposal would put stressed superannuation funds in even more trouble.
