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 […]
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 […]
The Puerto Rico natural disaster has been commented on extensively in the Press and alternative media. For example: Jeff Spross in The Week; Over the long term, Puerto Rico should […]
Well, it just so happens, that it can order the Federal Reserve to do that. It’s just that not everyone knows that it can. And among those that know, there […]
My first interview at Real Progressives on Monetary realities, including how the Federal Government spends, the absence of legitimate solvency concerns, austerity scares and other related questions.
Donald Trump’s cabinet nominees, along with his current allies in Congress, and among lobbyists, suggest that he is likely to break his frequently stated campaign promises that, if elected, he […]
Donald Trump has promised a $1 Trillion Infrastructure plan to create jobs, but has been vague about how that would be implemented. In an interesting post, Ellen Brown makes the […]
Or, I might add, for any other obligation the Federal government cares to honor. Some time ago, in the pages of USA Today, Duncan Black, better known to some as […]
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 […]