Many people are hopeful at the prospect of a 3rd party in US politics, but without a shift from current neoliberal austerity policies and outdated gold standard thinking, there can be no real change.
Shoring Up the Green Party Read More »
How many countries can really claim to have full monetary sovereignty? A more complex definition doesn’t make the prior definition wrong.
A Response to Frances Coppola Read More »
Introduction The purpose of this chapter is to present a framework for the analysis of the price level and inflation. MMT (Modern Monetary Theory) is currently the only school of economic thought that, in direct contrast to other schools of thought, specifically identifies and models both the source of the price level and the dynamics
A Framework for the Analysis of the Price Level and Inflation Read More »
In this article, we dispute the mainstream view that the inflation of the Weimar Republic was caused by a proactive expansion of the stock of money by the German government acting in concert with the Reichsbank.
Weimar Republic Hyperinflation Through a Modern Monetary Theory Lens Read More »
These were my proposals back in March. Now, with 20-20 hindsight, and some 8 months on, seems I wouldn’t change a thing…
Warren Mosler’s Crisis Management Proposal Read More »
The purpose of this white paper is to publicly present the fundamentals of MMT.
White Paper: Modern Monetary Theory (MMT) Read More »
The presumption of innocence by those perpetrating the frauds is characteristic of Professor Galbraith’s cynically gracious approach.
7 Deadly Innocent Frauds of Economic Policy Read More »