New Economic Perspectives Collection
A growing archive of posts from all your favorite MMT greats, republished with permission from the original New Economic Perspectives blog.
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Do Bond Sales & Borrowing Finance US Deficit Spending?
Professor L. Randall Wray responds to this question and debunks the misunderstandings and fallacies surrounding it.
Do We Need Taxes? The MMT Perspective
It’s elementary, my dear Holmes. Taxes drive the currency.
Essentials of Heterodox & Post-Keynesian Economics
Marc Lavoie of University of Ottawa presented a seminar on Heterodox and Post-Keynesian Economics at University of Missouri Kansas City
Explaining Why Federal Deficits Are Needed
The great power of MMT is its lesson that the federal government can create new dollars by running deficits to do things that should be done.
Four “Tells” That Show Krugman Knows He Cannot Win an Honest Debate
Calvinball is a mythical game without rules. Academic debates shouldn’t be a game of Calvinball.
Government Debt and Deficits Are Not the Problem. Private Debt Is.
The “fiscally responsible” solution is probably not what you think it is.