New Economic Perspectives

Some have called it slavery; others accuse supporters of fascism or communism. Some claim we want to destroy the safety net. Others say we want to destroy capitalism.

Comments and responses on the Modern Money Primer Part 41.

The answer to both questions posed in the title is, I think, a big fat no.

As Carney and others lay their proposals out on the table so that we can see what kind of government they want, the reaction by most people is sheer horror.

Comments and responses on the Modern Money Primer Part 39.

A response to John Carney’s published works because I think they are the most cogent MMT critiques the Austrians have to offer.

Comments and responses on the Modern Money Primer Part 38.

MMT is not just for advocates of big government. I have always been surprised that some of the most vehement critics of MMT are libertarians and Austrians.

Comments and responses on the Modern Money Primer Part 37.

The public purpose is an evolving concept. The national government must play an important role in society as it helps to identify the social purpose and to establish a social structure in which individuals and groups will work toward achieving the public purpose.