The Use and Abuse of MMT
Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.
Read more...Michael Hudson rings the changes on some of his favorite themes: the logic of ancient debt jubilees. and the role of finance in contemporary rent extraction.
Read more...Does Modern Monetary Theory take tax justice for granted?
Read more...Why preserving (big) corporate profits will not bail out the economy.
Read more...Unhappy families may all be different, but financial crises are pretty much the same, rooted in debt overhangs, and one has been brewing.
Read more...It’s not hard operationally for the government to counter economic fallout from the pandemic. The hard part is ideological baggage.
Read more...How should MMT proponents advance their views?
Read more...Lynn Parramore discusses another blindspot for most economists : their treatment of women. Happy International Women’s Day!
Read more...Cutting subsidies for private rental housing did not do much to reduce overall spending or lower rents but caused a lot of pain.
Read more...How “Keynesian” ideas regularly misrepresent Keynes.
Read more...Why moral psychology can help us see ourselves and each other more clearly than economists’ homo economicus.
Read more...Forecasts tend to be biased upwards and involve significant uncertainty, even for economics researchers specialising in macroeconomics or economic growth.
Read more...As Sanders becomes a formidable 2020 contender, demonizing socialism is back in style.
Read more...An oddly neglected paper gives an idea of how much rentier capitalism has distorted the US economy.
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