Macro N Cheese
A podcast that critically examines the working-class struggle through the lens of Modern Monetary Theory. Host Steve Grumbine, founder of Real Progressives, provides incisive political commentary and showcases grassroots activism. Join us for a robust, unfiltered exploration of economic issues that impact the working class, as we challenge the status quo and prioritize collective well-being over profit. This is comfort food for the mind, fueling our fight for justice and equity!
Macroeconomics for the People!
Episode Quick Ref List
A quick ‘n dirty list of all the episode titles to easily find the one you want.
Latest Episodes
Episode 204 – FTX and the Fall of Cryptocurrency with Robert Hockett
The collapse of FTX and other crypto schemes follows the same pattern as the subprime mortgage and junk bond bubbles of recent decades. Robert Hockett and Steve Grumbine explore the history of US paper currency, blockchain, CBDCs, and fraud & corruption in the financial system.
Episode 203 – Japan: A Case Study in MMT with Bill Mitchell
Bill Mitchell tells us how Japan’s fiscal and monetary policies demonstrate the dishonesty of mainstream economic theory. Unemployment is not the cure for inflation. Government deficits can bring an economy back from the brink of recession. A central bank’s interest rates don’t need to serve the 1%. Spending for the public purpose can contribute to social well-being. MMT points the way.
Episode 202 – Exploring the Origins of Money with Clint Ballinger
Steve and his guest, Clint Ballinger look at the history of money and debt, while debunking both the myth of barter and the ubiquitous belief that money is a commodity. MMT has answers, but who’s asking the right questions?
Episode 201 – System Dynamics and the Minsky Model with Tyrone Keynes
Steve's guest is Tyrone Keynes, a system dynamicist who specializes in modeling economic, health, and ecological systems. He explains how systems dynamics is valuable to the MMT community.
