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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CBO—Still Out of Paradigm after All These Years
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.
Replacing the Budget Constraint with an Inflation Constraint
Let’s stop pretending that replacing a budget constraint with an inflation constraint is so hard.
The Oppressive Free Lunch
If progressives would just make the effort to inform themselves how a modern, sovereign fiat…
Answers from the MMTers
Jared Bernstein, longtime economic advisor to Joe Biden asked the MMT academics some questions. They…