What if the Public Understood How Money Works?
The truth about federal finance used to be common household knowledge, maybe it should be again.
MMT
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?
Comparative Analysis of Modern Monetary Theory and Textbook Economics
The current economic framework within which policy is developed seems incapable of addressing climate change. Even policymakers who acknowledge the magnitude of the problem are avoiding real solutions, not knowing how solutions can be funded.
MMP Blog #50: MMT Without the JG? Conclusion
Can you separate the MMT explanation of the cause of unemployment from the policy to cure it? Yes. Should you? Of course not.
Blog Responses: Retrospective on MMT
There was one substantive and flawed comment on the MMT Retrospective, so I will deal with that here.
Answers from the MMTers
Jared Bernstein, longtime economic advisor to Joe Biden asked the MMT academics some questions. They answered.
Where to Start Learning About MMT
Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!
The National Debt and Other Red Herrings
Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.
Single Payer “State by State”? No. Here’s why…
There really is only one way to go, and we can only get there by all rowing in the same direction at the same time and forcing the federal government to enact, and fully fund, single-payer healthcare – Medicare For All.
Money Growth Does Not Cause Inflation!
It is conventional wisdom that printing more money causes inflation. The only problem is, it’s not true. That’s not how inflation works.
