MMT

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 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 some answers. Part I is about deficit spending. Possible Overheating Jared […]

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 […]

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 […]

Social Security Is Not a Ponzi Scheme

This post appeared earlier under the title “Ponzi Schemes and the Ponzi Schemers.” I’m republishing it because our just confirmed Office of Management and Budget (OMB) Director is one of […]

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 […]

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 […]