Monetary Policy and Fiscal Discipline: How the ECB Planted the Seeds of the Euro Area Crisis
How the ECB did Euro-area member states a dirty when it tried to act as deficit enforcer.
Read more...How the ECB did Euro-area member states a dirty when it tried to act as deficit enforcer.
Read more...Too much communication from central banks to the market may be a problem, creating a cacophony of policy voices.
Read more...The misrepresentation of how the US money system works is worse than mere economic malpractice, which is already pretty common.
Read more...There is a fear that certain reforms could further exacerbate inequality….
Read more...Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...How the wealthy use deficit scaremongering to keep wages down and stave off calls for more investment and social spending.
Read more...Why the IMF’s standard prescription is a poor fit for Tunisia.
Read more...A new study out of Bard will no doubt produce a hissy fit among orthodox economists…assuming they don’t succeed in ignoring it instead In The Macroeconomic Effects of Student Debt Cancellation, Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum present a detailed examination of the costs of cancelling all student debt, public and private. […]
Read more...Serious Economist Jared Bernstein asked some questions about MMT. MMT thinkers Stephanie Kelton and Randy Wray.
Read more...Rethinking the MMT rhetoric around tax….and implications for policy prescriptions.
Read more...How Argentina’s new neoliberal masters are driving the economy back into its old debt crisis ditch.
Read more...“Community subsistence” as a way to address poverty on a broad-scale basis.
Read more...How It’s a Wonderful Life sentamentalizes and reinforces the misguided policy idea that money is scarce and a private good.
Read more...An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
Read more...Summers on inequality, the GOP tax plan, and US economic prospects.
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