Real Progressives relate today's topics of concern to practical examples of Modern Monetary Theory.

We use the lens of MMT to help audiences understand causality and effective solutions within macroeconomic policy through practical, real-world examples. We present facts dispelling the myths of federal funding, tax policy, deficit spending, inflationary risk and unemployment, along with other vital issues.

Real Progressives - Modern Monetary Theory

Why the New Deal Became the No Deal

The opening photo montage [on the Real Progressives home page] seems to be outlining an over-arching story about why American progressivism needs to make a special effort, now, to re-kindle the vision of Franklin Roosevelt. The activist, direct government spending of Roosevelt’s New Deal pulled America from the depths of the Great Depression, mobilized the nation for the successful prosecution of World War II and, after the war, ushered in a decade of…

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Eric Tymoigne

Money and Banking (Part 7 – Leverage)

Given that the concept of leverage will be used often in the upcoming posts, this post spends some time explaining what leverage is and some of its impacts on the balance sheet of any economic unit.

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