A Primer on Government Surpluses
It is difficult to believe that our economy can continue to grow robustly as the government sucks disposable income and wealth from the private sector by running surpluses.
It is difficult to believe that our economy can continue to grow robustly as the government sucks disposable income and wealth from the private sector by running surpluses.
The attacks on MMT are taking a comical turn. Don’t miss this rebuttal complete with an AMAZING list of reference links.
Understanding how federal finance works makes for better predictions and sensible policy.
Remarks by L. Randall Wray at “The Treaty of Versailles at 100: The Consequences of the Peace”, a conference at the Levy Economics Institute, Bard College, May 3, 2019.
Sovereign government does not really need revenue in its own currency in order to spend.
The colorful commentary and spicy rebuttal of critics continues in part 3 of Randy Wray’s review of the 3rd annual MMT conference.
Comments and critiques from the front lines at the 3rd annual MMT conference – grab some popcorn!
If you think spreading the MMT message is for the faint of heart, you are mistaken. The one and only Randy Wray provides commentary on the 3rd annual MMT conference.