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Money and Banking (Part 6 – Treasury and Central Bank Interactions)

Eric Tymoigne September 17, 2021 Economic Justice New Economic Perspectives

The post studies how the Fed is involved in fiscal operations and how the U.S. Treasury is involved in monetary-policy operations. The extensive interaction between these two branches of the U.S. government is necessary for fiscal and monetary policies to work properly.

classroom frequently asked questions federal reserve

Money and Banking (Part 5 – FAQs about central banking)

Eric Tymoigne September 16, 2021 Economic Justice New Economic Perspectives

This post answers some FAQs about monetary policy and central banking. Each of them can be read independently.

Money and Banking (Part 4 – Monetary Policy Implementation)

Eric Tymoigne September 15, 2021 Economic Justice New Economic Perspectives

While details in operating procedures have changed through time, the federal funds rate has progressively gained in importance as a relevant operating tool since the 1920s.

Money and Banking (Part 3 – Monetary Base, Reserves, and Central Bank’s Balance Sheet)

Eric Tymoigne September 14, 2021 Economic Justice New Economic Perspectives

Now that we have an understanding of how the balance sheet of the Fed works, it is possible to go into the details of how the Fed operates in the economy in terms of monetary policy.

Money and Banking (Part 2 – Central bank balance sheet and immediate implications)

Eric Tymoigne September 13, 2021 Economic Justice New Economic Perspectives

Part 1 reviewed basic balance-sheet mechanics. This post begins to apply them to the Federal Reserve System (Fed).

Anti-Intellectualism and the Death of a Movement

Steve Grumbine & Birrion Sondahl September 12, 2021 Democracy Economic Justice

In the end, it is not the rage of our critics that we have to concern ourselves with. It is the silence of our friends that allow this anti-intellectualism to destroy people who have fought round the clock to bring these truths to life.

Money and Banking (Part 1 – Balance Sheet)

Eric Tymoigne September 12, 2021 Economic Justice New Economic Perspectives

The core of the financial system consists of financial documents and among them are balance sheets. As Hyman P. Minsky used to note, if you cannot put your reasoning in terms of a balance sheet there is a problem in your logic.

The aftermath of the destruction of the WTC in NY

Remembering 9/11

David Soll September 10, 2021 Equality with Justice Peace with Justice

I do believe it is important to remember 9/11 from our own point of view. However, ignoring the last 67 years of history of US intervention of and within the Middle East cannot be an option.

Money and the Limits of Sovereignty

Scott Ferguson September 3, 2021 Economic Justice Macro N Cheese

The point is this: Words and the concepts they express have complex histories and any account of sovereignty must attend to the history of the term itself.

FOAF? Response to Joe Firestone’s Critique of ‘Medicare for All, Not for Some’

Birrion Sondahl August 28, 2021 Equality with Justice Health and Well-being

State-based is an unacceptable compromise and does not present a path to NIMA. The path sketched out by Dr. Firestone is one fraught with peril and almost certainly doomed to failure.