The Rotating Hans Grubers of the Debt Ceiling Debate
As this current installment of the debt ceiling franchise draws to an unsatisfactory close — let us vow to make this our last debt ceiling showdown.
Day: May 31, 2023
A Meme For Money, Part 2: The Conservative Framing
We need an alternative meme, one that provides a frame that is consistent with a progressive social view and isn’t mired in the gold standard.
A Meme for Money, Part 1: Introduction
We need a new meme for money. We need a social metaphor, a public interest alternative to the private maximization calculus.
MMT, Models, Multidisciplinarity
The attacks on MMT are taking a comical turn. Don’t miss this rebuttal complete with an AMAZING list of reference links.
Explaining Why Federal Deficits Are Needed
The great power of MMT is its lesson that the federal government can create new dollars by running deficits to do things that should be done.
Government Debt and Deficits Are Not the Problem. Private Debt Is.
The “fiscally responsible” solution is probably not what you think it is.