Warren Mosler


Joseph M. Firestone's picture

WaPo Covers MMT, But Does Its Usual Bad Job: Part Four, The Victory

This post concludes my critical evaluation of Dylan Matthews's, post published on Ezra Klein's blog called “You know the deficit hawks. more »

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Joseph M. Firestone's picture

Alternative Fiscal Policies: Why the Job Guarantee is Superior (Wonkish)

By

Pavlina Tcherneva

A few weeks ago I called for a technocratic debate on the merits of the JG, relative to other fiscal policies. A number of bloggers took the charge but the debate was not immune to ideological biases, which proved the starting point of my piece that one cannot separate fact from theory or ideology (and by ideology I do not mean the derogatory use of the word, but that which signifies ‘ontology’ or a ‘world view’). What I didn’t expect is for friends and sympathizers to resurrect one particularly invidious charge we have long heard from MMT deniers, namely that MMT is pushing authoritarian policies.

Oh, boy. How did we even get here? I thought this was going to be a technocratic debate. more »

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Joseph M. Firestone's picture

The JG and the MMT Core: Part 15, Components of MMT

In this post I'll list the primary components of the MMT Knowledge Claim Network (KCN) classified under the major categories: the Social/Value Gaps; the Knowledge Gaps (Problems); the Descriptive Components (including Solutions); the more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part 13, John Carney 's "Reply"

In a piece called “More Questions About the Job Guarantee,” John Carney provides some links to the continuing debate on the Job Guarantee (JG). more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part Twelve, Theory and Fact

Cullen Roche continued his extensive and multi-faceted critique of the Job Guarantee policy and the Modern Monetary Theory approach to economics with a piece attempting to distinguish “theory” and “fact.” His piece is based on the common sense idea that there's a distinction be more »

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Joseph M. Firestone's picture

Job Guarantee and the MMT Core: Part Eleven, Price Anchor or Price Buoy

Is the JG a Price Anchor?

More on Cullen Roche's claims about the JG, this time a discussion of his price anchor vs. price buoy post.

Let's begin with:

”. . . This is right in theory and entirely unproven in reality. . . . more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part Ten – A 180 Mic Check?

Cullen Roche continued his attack on the JG and his critics with a post asking whether America really needs to do a 180? I see the post as a set of distractions and straw man arguments that misconstrue the positions of his critics. more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part Nine, The Wrong Goal?

Spilling Electronic Ink more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part Eight, The JG Rate

A little time out from my critiques of the various posts contending that the MMT Job Guarantee (JG) proposal is not the core of MMT as an approach. more »

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Joseph M. Firestone's picture

The Job Guarantee and the MMT Core: Part Seven, Dialogue With Warren Mosler

Warren Mosler kindly replied to my Part Two of this series which provided the basis for this dialogue, reproducing Part Two with comments by Warren and myself.

MMT and Public Purpose:The Normative Component< more »

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