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  • Media
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    • Modern Money Primer
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Economic Justice

The National Debt and Other Red Herrings

The National Debt and Other Red Herrings

October 21, 2024January 15, 2022 by Jonathan Kadmon

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.

Categories Economic Justice Tags Deficit, MMT, National Debt, Propaganda
UBI vs FJG

UBI vs FJG

November 24, 2024August 4, 2021 by Roger Gest

A Federal Job Guarantee is real progress. A UBI advances our deterioration. 

Categories Economic Justice, Op Ed Tags Federal Job Guarantee, UBI
Back To MMT Basics

Back to [MMT] Basics

November 24, 2024August 2, 2021 by Steven D. Grumbine

From the definition of a dollar as a unit of measure all the way to what The Fed is and how public policy can be informed – Grumbine runs the gamut on MMT basics.

Categories Economic Justice Tags Federal Job Guarantee, Federal Reserve, MMT, Taxation, UBI
The Dilemma of the Cooperative Gene

The Dilemma of the Cooperative Gene

October 19, 2024July 23, 2021 by J.D. ALT

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.

Categories Economic Justice, Equality with Justice Tags Capitalism, MMT
Let's Play the Pay For Game

Let’s Play the Pay For Game

November 29, 2024April 30, 2021 by Stephanie Kelton

Admit that taxes don’t “pay for” anything and that all government spending is paid for in one way and one way only—the Federal Reserve credits the appropriate bank accounts.

Categories Economic Justice Tags Deficit, Federal Reserve, MMT, Taxation
Four Purposes of Federal Taxes

Four Purposes of Federal Taxes

November 5, 2024February 14, 2021 by Steven Hail

Beardsley Ruml wrote in 1946 that taxes for revenue are obsolete. So what ARE they for?

Categories Economic Justice Tags MMT, Taxation
Bernanke’s 29 Trillion Dollar Fog of Deceit

Bernanke’s 29 Trillion Dollar Fog of Deceit

October 19, 2024January 24, 2021 by L. Randall Wray

It is certain that no government anywhere, ever, has committed so much to benefit so few.

Categories Economic Justice, New Economic Perspectives Tags Banking, Federal Reserve, MMT
Landlord Elegy

Landlord Elegy

November 27, 2024December 30, 2020 by John Siener

A poetic tribute to the suffocating infestation known as the rentier class.

Categories Economic Justice, Equality with Justice, Poetry Tags Capitalism, Class War
The Green New Deal Will Prevent Inflation

The Green New Deal Will Prevent Inflation

November 12, 2024December 21, 2020 by Roger Gest

Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.

Categories Economic Justice, Environmental & Ecological Justice, Technology & Innovation Tags Green New Deal, Inflation
A Hyperinflation Hyperventilator Cannot Be Reasoned With

A Hyperinflation Hyperventilator Cannot Be Reasoned With

November 24, 2024December 5, 2020 by Steven D. Grumbine

Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.

Categories Economic Justice Tags Hyperinflation, MMT, Venezuela, Weimar, Zimbabwe
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