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.
MMT
MMT, Models, Multidisciplinarity
The attacks on MMT are taking a comical turn. Don’t miss this rebuttal complete with an AMAZING list of reference links.
The Perfect Fiscal Storm: Causes, Consequences, Solutions
Understanding how federal finance works makes for better predictions and sensible policy.
How To Pay For The War
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.
What Are Taxes For? The MMT Approach
Sovereign government does not really need revenue in its own currency in order to spend.
What if the Public Understood How Money Works?
The truth about federal finance used to be common household knowledge, maybe it should be again.
Taxes Don’t Fund Federal Spending
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
