How Will You Pay for It?
Here is the best answer to the question posed in the title. I invite every progressive political candidate to use it in 2018 and future elections. Article I, Section 8 […]
Modern Money Theory
As the Debt Ceiling Approaches, a Fiscal Myth Echos Across the Landscape of Politics
Periodically, as reaching the debt ceiling approaches, a spate of articles and posts appear in the mainstream media warning about an impending government financial crisis, and doing so in a […]
An Open Letter to Progressive Candidates and Incumbents
Dear Senator (or Congressman) _________ The simple answer to the question “how are you gonna pay for it?” is for Congress to both: (1) mandate the Treasury to spend its […]
Some Advice for Linsey Fagan and Other Progressive Candidates
Joy Marie Mann’s recent interview with Texas Congressional candidate Linsey Fagan revealed a person with good intentions and a progressive disposition who needs some education in monetary realities and in […]
Permanent Cures for Debt Ceiling Crises
Debt ceiling crisis politics has now provided us a temporary respite by getting a Continuing Resolution passed that will re-open the government until the next deadline for broader agreement on […]
Should We Devote Our Resources Primarily to Teach that “Federal Taxes Don’t Fund Federal Spending”, or that “Congress Should End the Debt Through Overt Congressional Financing?”
Of course, it is better to teach them both these things, but I believe that it is better for now to view teaching about Overt Congressional Financing (OCF) as a […]
Answers from this MMT Writer: Part VI, “On Coming in Peace”
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending. Part II covers […]
Answers from this MMT Writer: Part V, “Timing Issues”
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending. Part II covers […]
Answers from this MMT Writer: Part IV, “Finance-ability”
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending, Part II covers […]
Answers for Jared from One MMT Writer: Part III, the Fed
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending, Part II covers […]