Taxes for Revenue are Obsolete
“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.”
Economic Justice
Why Government Spending Can’t Turn the U.S. Into Venezuela
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 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
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 40 Year Slide
The lies were baked into the school system, newspapers, sitcoms, political debates even cartoons took the ideas of neoliberalism into the hearts and minds of our children…the people.
An MMT Tutorial That Covers The Basics
This MMT tutorial provides short answers to several questions.
End the FEDish: Redirecting Our Anger and Efforts to Save the World
Not “believing in” the insights coming from the MMT lens is denying the institutional reality of how money is created and operationalized.
The Truth About ‘Printing Money’
If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.
MMT is Reality
Diagnosing economic problems without MMT as a guidepost is like a guy who stayed at a Holiday Inn pretending to be a doctor.
