Unemployment

Understanding MMT and Its Policy Implications

Fadhel will introduce the audience to the core principles of MMT, highlight the real limits to the Federal government’s spending capacity, and illustrate that a comprehensive set of transformative policies can be introduced to fight the COVID crisis, climate change, inequality, and unemployment without bankrupting the country or causing inflation.

The Green New Deal Will Save Fossil Fuel Workers & Their Communities

  The American fossil fuel industry is a sinking ship, and its workers need to ask themselves what will come next. The industry was already deeply in debt even before the Covid-19 crisis, and the current drop in crude prices will lead to a wave of firms claiming bankruptcy. This drastic reduction of fossil fuel …

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inflation

Modern monetary theory and inflation – Part 1

It regularly comes up in the comments section that Modern Monetary Theory (MMT) lacks a concern for inflation. That somehow we ignore the inflation risk. One of the surprising aspects of the public debate as the current economic crisis unfolded was the repetitive concern that people had about inflation. There concerns echoed at the same …

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