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 […]
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.
Steven Hill, a Senior Fellow at the New American Foundation, has some advice for Hillary Clinton. He wants her to run on “. . . a bold issue that fires […]
Contemplating the likelihood that Hillary Clinton will win the presidential election, and may well carry in with her a Democratic House and Senate Paul Krugman considers what he ought to […]
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 […]