How mainstream economics ignores the lessons from antiquity on the destructiveness of oligachies, and how early industrialists and business schools promoted anti-rentier, socialit policies.
Read more...Interest rates are a poor substitute for fiscal spending and as we’ve seen, over-reliance on monetary policy produces speculative booms and busts. More and more people recognize this formula isn’t working, but what will it take to change course?
Read more...Bill Black highlights how prominent economists apply double standards with respect to MMT.
Read more...A respone to the backlash against MMT.
Read more...Economists fetishize innovation. But do they appreciate the importance of cooperation in getting there?
Read more...How the change in the nature of work has helped increase income inequality.
Read more...The world economy has experienced deglobasation phases before. How this one differs from its predecessors.
Read more...MMT advocate typically shy away from calling for progressive taxes. A case as to why that’s a lost opportunity.
Read more...Chronicling and debunking more scurrilous attacks against MMT.
Read more...Funny how considering MMT brings out the worst in some people….
Read more...Randy Wray wades in yet again to contend with disinformation about MMT.
Read more...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...On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Read more...Debunking some arguments against MMT by explaining why the US Treasury can’t run out of money.
Read more...Larry Summers as a negative indicator.
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