Modern Monetary Theory


Joseph M. Firestone's picture

Avoiding A Debt Ceiling Election Sellout!

During the past few months the results of polling suggest that Barack Obama will be re-elected. But they also show that his support is shallow and could be shaken easily by an economic downturn during the next 6 months. more »

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Joseph M. Firestone's picture

(MMT − JG) + Medicare for All ≠ MMT

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 »

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Joseph M. Firestone's picture

Dialogues with Jamie Galbraith and the MMT Job Guarantee

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 »

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Joseph M. Firestone's picture

Ending Austerity: Getting Free of Debt Subject To the Limit

It's hard to listen to the doomsday rhetoric of Austerians like Paul Ryan and intermittently the less hysterical, but equally mythical narratives of the President when he talks about deficit/debt reduction, when you know better; when you know more »

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Joseph M. Firestone's picture

John Carney Doesn't Believe Government Spending Can Achieve Public Purpose

John Carney commented on a post by David Brooks and more »

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Joseph M. Firestone's picture

The WaPo MMT Post Explosion: Dean Baker's Second Try On MMT (3)

This is the third and last installment of a critical review of Dean Baker's second reaction to the debate kicked off by the more »

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Joseph M. Firestone's picture

The WaPo MMT Post Explosion: Dean Baker's Second Try On MMT (2)

This is the second installment of a critical review of Dean Baker's second reaction to the debate kicked off by the more »

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Joseph M. Firestone's picture

The WaPo MMT Post Explosion: Dean Baker's Second Try On MMT (1)

Dean Baker added to his previous discussion on MMT in a second post in reply to some of the comments on his first one. more »

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Joseph M. Firestone's picture

The WaPo MMT Post Explosion: Matthew Yglesias's MMT

Matthew Yglesias posting in Slate, also gave us a few words on Dylan Matthews's post about Modern Mone more »

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Joseph M. Firestone's picture

The WaPo MMT Post Explosion: Kevin Drum's Take on MMT

Kevin Drum, posting in Mother Jones, also threw his hat into the ring of discussion about Dylan Matthews's post< more »

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