Tamny bandies about the discussion of resources as if MMT did not recognize the importance of the productive capacity of a nation. MMT clearly asserts that the real constraints of our economy are based on real resources.
…And how it nearly killed universal healthcare in Thailand.
Implementing a Federal Jobs Guarantee, along with a Green New Deal, and increased spending on our infrastructure, we can start to rebuild a middle class that has been languishing for
Reading it, the intention of the preamble is pretty clear, it is America’s mission statement. It stands separate from the details of the Constitution and establishes a set of standards for the United States.
By aligning our man-made economic thinking with physical reality, we can lay the path to ongoing human success. This is the promise of Modern Monetary Theory.