MMT, Models, Multidisciplinarity
The attacks on MMT are taking a comical turn. Don’t miss this rebuttal complete with an AMAZING list of reference links.
New Economic Perspectives
The Debt Ceiling and America’s Stockholm Syndrome
Sadly, just like a hostage held captive for too long, much of the general public has bought into fundamentally flawed ideas.
What Does the Trillion Dollar Coin Do?
It’s a simple solution, and not scary at all – unless you are one of the people behind the curtain trying to maintain the economic lies keeping you in power.
The Fake Social Security Solvency Crisis is Congress’ Fault!
Predictions of doom are really based on provisions in law that Congress can change at any time.
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.
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.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)
It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…
CBO—Still Out of Paradigm after All These Years
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.
