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 […]
Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory). This series is my effort at providing some answers. Sorry, but no there’s no agreement on […]
Much of the leverage conservatives and Republicans have over our fate is due to the belief most people hold that federal deficits, the national debt, and the GDP ratio are […]
This post replies to a Facebook post by Erik Rydberg. Thanks for your facebook post. It brings out an important issue. But I agree with some of the critics that […]
This book is about a counter-narrative to austerity politics. It exposes its fallacies, and, I hope, its closed-mindedness and futility. It also offers a way out of austerity politics. That […]
We need big, big changes in the United States. Many of them will require the Federal Government to spend unprecedented amounts, including deficit spending to enable us to solve problems […]
This is how the mission of the President’s National Commission on Fiscal Responsibility and Reform was defined by the White House on February 18, 2010: The Commission is charged with […]
Below is an excerpt from my most recent e-book: Real Fiscal Responsibility, Vol. I: The Progressive Give-up Formula. The book is volume I of II critiquing austerity politics at the […]
Most of the world, and most notably the United States, are in the grip of fiscal myths fostered by the ideology of neoliberalism. There is virtual unanimity across the major […]
The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. […]