As Carney and others lay their proposals out on the table so that we can see what kind of government they want, the reaction by most people is sheer horror.
A response to John Carney’s published works because I think they are the most cogent MMT critiques the Austrians have to offer.
I had thought the distinction between real and financial (nominal) was clear—but obviously it was not.
Wherever this flag’s flown, We take care of our own. 🎵 Progressives need a new meme for money. This series is addressed to them.
Let us continue to develop an alternative frame for money. As you know, MMT says that “taxes drive money”. Let’s develop that further.
A great explainer video from students of Eric Tymoigne at Lewis & Clark College.
Predictions of doom are really based on provisions in law that Congress can change at any time.
