**UPCOMING RP EVENTS:** Macro 'n Chill - May 13th, "Isolation" :statue_of_liberty: Come hang out with us!


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Real Progressives
  • Media
    • Macro N Cheese | MMT Podcast
    • The Rogue Scholar
    • The New Untouchables
    • Community Articles
    • New Economic Perspectives
    • Modern Money Primer
  • Focus Areas
    • Economic Justice
    • Environmental & Ecological Justice
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New Economic Perspectives

MMT: Report From The Front (Part 3)

MMT: Report From The Front (Part 3)

April 8, 2025May 29, 2023 by L. Randall Wray

The colorful commentary and spicy rebuttal of critics continues in part 3 of Randy Wray’s review of the 3rd annual MMT conference.

Categories New Economic Perspectives Tags MMT
MMT: Report From The Front (Part 2)

MMT: Report From The Front (Part 2)

April 8, 2025May 29, 2023 by L. Randall Wray

Comments and critiques from the front lines at the 3rd annual MMT conference – grab some popcorn!

Categories New Economic Perspectives Tags MMT
MMT: Report From The Front (Part 1)

MMT: Report From The Front (Part 1)

April 8, 2025May 29, 2023 by L. Randall Wray

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.

Categories New Economic Perspectives Tags MMT
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)

October 28, 2024May 28, 2023 by L. Randall Wray

There never has been the kind of independence supposed by orthodox economists.

Categories New Economic Perspectives Tags Federal Reserve
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)

December 25, 2024May 28, 2023 by L. Randall Wray

In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.

Categories New Economic Perspectives Tags Federal Reserve
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)

The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)

December 28, 2024May 28, 2023 by L. Randall Wray

It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…

Categories New Economic Perspectives Tags Federal Reserve
CBO—Still Out of Paradigm after All These Years

CBO—Still Out of Paradigm after All These Years

October 28, 2024May 28, 2023 by Scott Fullwiler

Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.

Categories New Economic Perspectives Tags Gold Standard, National Debt
Modern Money Theory: The Basics

Modern Money Theory: The Basics

October 28, 2024May 27, 2023 by L. Randall Wray

Here we go with the basics of MMT.

Categories New Economic Perspectives Tags MMT
Replacing the Budget Constraint with an Inflation Constraint

Replacing the Budget Constraint with an Inflation Constraint

October 28, 2024May 27, 2023 by Scott Fullwiler

Let’s stop pretending that replacing a budget constraint with an inflation constraint is so hard.

Categories New Economic Perspectives Tags Inflation, Taxation
MMT and External Constraints

MMT and External Constraints

November 28, 2024May 27, 2023 by L. Randall Wray

To Fix or To Float, that is the question.

Categories New Economic Perspectives, Real Progressives Tags Borrowing, Foreign Exchange, Imports-Exports, MMT, Sovereignty
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