Where Does A Bullet Go?
We need to slash our obscenely large and lethal military, but cutting military spending means less money entering our communities.
Economic Justice
“Debt” Ceilings for Dummies
Beautifully simple are a sovereign nation’s sectoral balances. They readily demonstrate that the government’s negative is the public’s positive, and vice versa.
The Illusion of Upward Mobility
There is no real entrée into the world of the elite, but you won’t know it until you arrive, exhausted, at the locked door, chased by all the angry working people who think you’ve found the key.
How Banks Create Money When They Lend
It is up to academics and informed lay-people alike to alter the understanding of banking in the public consciousness.
It’s Time to Call it What It Is – A Capitalism-Induced Ecological Crisis
Let’s be clear— this isn’t about voting. This is about building a revolution— an international solidarity movement big enough to take on and replace global capitalism.
Sound Money
The inflation hawks have a point: inflation is genuinely destabilizing. But where the inflation hawks go wrong is in blaming “money printing” for inflation.
The Emperor’s New Commodities
Frauds and hucksters have always relied on false dichotomies and thought-terminating cliches to misdirect the attention of their audience from more appealing alternatives.
Where to Start Learning About MMT
Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!
The National Debt and Other Red Herrings
Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.
The Dilemma of the Cooperative Gene
Given the relationship between “money” and real resources, it is impossible to equitably “share” real resources, and effectively create collective goods, when money is a scarce commodity controlled by competition.