Month: September 2022

Let us close this blog and this Primer with an examination of three propositions on the nature of money. This has been a long and difficult blog. You might need to read it twice. Or three times.

The main objections to MMT are the belief that adoption of a fiat money necessarily leads to high inflation and perceived government inefficiency. Let’s expose these boogeymen.

Comments and responses on the Modern Money Primer Part 50.

It is much better to create the jobs and then let growth follow, rather than to try to pump up growth in the hope that some jobs might trickle down.

Comments and responses on the Modern Money Primer Part 48.

Once one understands that sovereign governments do not have to force millions to suffer involuntary unemployment, then the ethically defensible position of opposing a Job Guarantee is narrowed.

Comments and responses on the Modern Money Primer Part 47.

There have been many job creation programs implemented around the world – let’s take a look at some of them.