The Dangerous Lie of ‘Tax-To-Spend’
When you consider the worst ramifications of the most insidious myths of mainstream economic theory, arguably the very worst, most damaging one is the ‘tax-to-spend’ myth.
Warren Mosler
Many Organizations Demand Medicare for All
Considering the dearth of healthcare in America, we need to demand Medicare for All.
Defining the Modern Monetary Theory
The US-economist Warren Mosler belongs to the protagonists of the Modern Monetary Theory (MMT). What MMT means? In the following exclusive interview he gives an answer to this as well as to the Fed’s quantative easing, how money comes actually into existence, and the crisis of the euro.
Weimar Republic Hyperinflation Through a Modern Monetary Theory Lens
In this article, we dispute the mainstream view that the inflation of the Weimar Republic was caused by a proactive expansion of the stock of money by the German government acting in concert with the Reichsbank.
Real Progressives Welcomes Warren Mosler to National Outreach Call
Real Progressives welcomes Warren Mosler to the National Outreach Call scheduled on November 11 at 9:00 pm Eastern to discuss his work on Modern Monetary Theory (MMT), the basis for macroeconomic fiscal policy using currency analysis. The call is open to the public.
Sorry About Hurt Feelings of Non-MMT Economists
I know you think all MMT advocates act and speak as one, so here, let me treat you all as one entity and tell you on behalf of all of us, why sometimes we might come across a bit testy.
7 Deadly Innocent Frauds of Economic Policy
The presumption of innocence by those perpetrating the frauds is characteristic of Professor Galbraith’s cynically gracious approach.