16 Reasons Matt Yglesias is Wrong about the Job Guarantee vs. Basic Income
Yes, sending a check to people is not as “messy,” but let’s stop pretending that it’s a panacea for the fundamental problem of economic insecurity.
Yes, sending a check to people is not as “messy,” but let’s stop pretending that it’s a panacea for the fundamental problem of economic insecurity.
Once we understand what taxes are “for”, we can start to think about what kinds of taxes make sense.
The monetary system provides the power to do good, and the power to do bad is the other side of the coin.
A government deficit will result if the nongovernment sector has a surplus—a perfectly sustainable balance.
If there’s no inflation danger, there is no point in taxing the rich before keystroking the poor.
Wherever this flag’s flown, We take care of our own. 🎵 Progressives need a new meme for money. This series is addressed to them.
Let us continue to develop an alternative frame for money. As you know, MMT says that “taxes drive money”. Let’s develop that further.
It is difficult to believe that our economy can continue to grow robustly as the government sucks disposable income and wealth from the private sector by running surpluses.