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  • Media
    • Macro N Cheese | MMT Podcast
    • The Rogue Scholar
    • The New Untouchables
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    • New Economic Perspectives
    • Modern Money Primer
  • Focus Areas
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Day: May 28, 2023

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)

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

There never has been the kind of independence supposed by orthodox economists.

Categories New Economic Perspectives Tags Federal Reserve
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)

December 25, 2024May 28, 2023 by L. Randall Wray

In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.

Categories New Economic Perspectives Tags Federal Reserve
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)

December 28, 2024May 28, 2023 by L. Randall Wray

It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…

Categories New Economic Perspectives Tags Federal Reserve
CBO—Still Out of Paradigm after All These Years

CBO—Still Out of Paradigm after All These Years

October 28, 2024May 28, 2023 by Scott Fullwiler

Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.

Categories New Economic Perspectives Tags Gold Standard, National Debt

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