Like many others, I'm not worried about the so-called fiscal “cliff,” and the ravages to the economy that are likely to occur if Congress doesn't do something about it before the end of the year. more »
Marshall Auerback recently posted in support of raising the minimum wage, joining Jamie Galbraith in advocating for it. This caused some disagreement among bloggers sympathetic to Modern Monetary Theory (MMT). more »
In my last post, I discussed the first part of Beowulf's post entitled: “(MMT − JG) + Medicare for All = MMT,” and also some dialogues between Jamie Galbraith and both TomThumb and Beowulf related to the MMT Job Guarantee at more »
A few days ago my friend Beowulf decided to exercise his wry sense of humor with this title of a post he offered for our consideration: “(MMT − JG) + Medicare for All = MMT.” Beo then goes on to talk about some details of a comment exchange with Jamie Galbraith at more »
dailykos.com — In a reply to Paul Krugman, Scott Fullwiler illuminates a lot of the deep thinking and knowledge developed by those following the Modern Monetary Theory approach to economics. If you read this, you can see just how much work PK has to do to really understand it, and how far from the truth his characterization of it is. Heavy, but worth the time.
A number of people including myself have been furiously blogging for many months now on the world-wide austerity war that most Governments are fighting against the well-being of their citizens. more »
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