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 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 truth about federal finance used to be common household knowledge, maybe it should be again.
If you’ve been watching the news, you’ll have noticed that the narrative of the moment is the debt ceiling.
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?