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.
L. Randall Wray
The Perfect Fiscal Storm: Causes, Consequences, Solutions
Understanding how federal finance works makes for better predictions and sensible policy.
How To Pay For The War
Remarks by L. Randall Wray at “The Treaty of Versailles at 100: The Consequences of the Peace”, a conference at the Levy Economics Institute, Bard College, May 3, 2019.
What Are Taxes For? The MMT Approach
Sovereign government does not really need revenue in its own currency in order to spend.
MMT: Report From The Front (Part 3)
The colorful commentary and spicy rebuttal of critics continues in part 3 of Randy Wray’s review of the 3rd annual MMT conference.
MMT: Report From The Front (Part 2)
Comments and critiques from the front lines at the 3rd annual MMT conference – grab some popcorn!
MMT: Report From The Front (Part 1)
If you think spreading the MMT message is for the faint of heart, you are mistaken. The one and only Randy Wray provides commentary on the 3rd annual MMT conference.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)
There never has been the kind of independence supposed by orthodox economists.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)
In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.
