Articles from Our Community

The Green New Deal Will Prevent Inflation

The Green New Deal Will Prevent Inflation

Roger Gest

Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.
A Hyperinflation Hyperventilator Cannot Be Reasoned With

A Hyperinflation Hyperventilator Cannot Be Reasoned With

Steven D. Grumbine

Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.
Weimar Republic Hyperinflation Through a Modern Monetary Theory Lens

Weimar Republic Hyperinflation Through a Modern Monetary Theory Lens

Warren Mosler

In this article, we dispute the mainstream view that the inflation of the Weimar Republic was caused by a proactive expansion of the stock of money by the German government acting in concert with the Reichsbank.
Taxes for Revenue are Obsolete

Taxes for Revenue are Obsolete

Real Progressives

“All federal taxes must meet the test of public policy and practical effect. The public purpose which is served should never be obscured in a tax program under the mask of raising revenue.”
Ayn Rand and the Missing Gun

Ayn Rand and the Missing Gun

Nathan Locke

Ayn Rand might be dead wrong, but that hasn’t stopped her ideas from having a profound effect on Congress.
Thorium Nuclear Power and MMT: A Revolutionary Marriage Necessary for Our Survival?

Thorium Nuclear Power and MMT: A Revolutionary Marriage Necessary for Our Survival?

John Siener

With clean energy tech evolving rapidly, the strangling grip of the fossil fuel industry on our economy never more obvious, and the ominous shadow of climate change bearing down on humanity, the time is prime for radical change.
Why Government Spending Can’t Turn the U.S. Into Venezuela

Why Government Spending Can’t Turn the U.S. Into Venezuela

Fadhel Kaboub

When poor countries fall prey to inflation, it’s not because they’re “too socialist.” The ris­ing pop­u­lar­i­ty of mod­ern mon­e­tary the­o­ry (MMT) has inevitably brought mis­con­cep­tions.
The ABC Act, Platinum Coins, & Seigniorage

The ABC Act, Platinum Coins, & Seigniorage

Roger Gest

The Automatic BOOST to Communities (ABC) Act, introduced by Congresswoman Rashida Tlaib with the support of Congresswoman Jayapal as well as economist and lawyer, Professor Rohan Grey, is how … Read more
Neoliberalism at Work through the Universal Basic Income

Neoliberalism at Work through the Universal Basic Income

Steven D. Grumbine

This simplistic, incorrect, and devastatingly neoliberal plan of instituting a Universal Basic Income will be the final blow against the public purpose and General Welfare Clause as well as an effective coup for the rightwing to establish cash payment as opposed to the services millions desperately need.
The Bernie Factor in Modern Monetary Theory

The Bernie Factor in Modern Monetary Theory

Steven D. Grumbine

Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.