Bad Medicine Root Cause Analysis: Abstractions Are Killing Us
Abstractions are invented and agreed upon by us but often become runaway Frankenstein’s monsters when we forget that we made them up.
MMT Intermediate
Minsky Meets Brazil
Minsky’s framework not only sheds light on how to detect unsustainable financial practices, but the position adopted in this paper is that the current Brazilian crisis does fit with Minsky’s instability theory.
Answers from the MMTers
Jared Bernstein, longtime economic advisor to Joe Biden asked the MMT academics some questions. They answered.
A Response to Frances Coppola
How many countries can really claim to have full monetary sovereignty? A more complex definition doesn’t make the prior definition wrong.
MMT and the NEW MARKET SOCIETY
We live in a market society with little chance we shall ever live in anything else and, as such, whatever we hope to accomplish will have to be accomplished within the framework of market society norms.