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.
The colorful commentary and spicy rebuttal of critics continues in part 3 of Randy Wray’s review of the 3rd annual MMT conference.
Comments and critiques from the front lines at the 3rd annual MMT conference – grab some popcorn!
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.
There never has been the kind of independence supposed by orthodox economists.
In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.
It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.
Let’s stop pretending that replacing a budget constraint with an inflation constraint is so hard.