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Day: May 27, 2023

Modern Money Theory: The Basics

Modern Money Theory: The Basics

October 28, 2024May 27, 2023 by L. Randall Wray

Here we go with the basics of MMT.

Categories New Economic Perspectives Tags MMT
Replacing the Budget Constraint with an Inflation Constraint

Replacing the Budget Constraint with an Inflation Constraint

October 28, 2024May 27, 2023 by Scott Fullwiler

Let’s stop pretending that replacing a budget constraint with an inflation constraint is so hard.

Categories New Economic Perspectives Tags Inflation, Taxation
MMT and External Constraints

MMT and External Constraints

November 28, 2024May 27, 2023 by L. Randall Wray

To Fix or To Float, that is the question.

Categories New Economic Perspectives, Real Progressives Tags Borrowing, Foreign Exchange, Imports-Exports, MMT, Sovereignty
The Oppressive Free Lunch

The Oppressive Free Lunch

October 21, 2024May 27, 2023 by J.D. ALT

If progressives would just make the effort to inform themselves how a modern, sovereign fiat currency actually functions, they’d realize “paying for it” is actually the easiest part.

Categories Equality with Justice, New Economic Perspectives Tags Austerity, Taxation, Universal Basic Services
What if the Public Understood How Money Works?

What if the Public Understood How Money Works?

February 3, 2025May 27, 2023 by William K. Black

The truth about federal finance used to be common household knowledge, maybe it should be again.

Categories New Economic Perspectives Tags Capitalism, Deficit, Keynes, Libertarian, MMT, Taxation

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