MMP Blog #50: MMT Without the JG? Conclusion
Can you separate the MMT explanation of the cause of unemployment from the policy to cure it? Yes. Should you? Of course not.
MMP Blog #50: MMT Without the JG? Conclusion Read More »
Can you separate the MMT explanation of the cause of unemployment from the policy to cure it? Yes. Should you? Of course not.
MMP Blog #50: MMT Without the JG? Conclusion Read More »
Once one understands that sovereign governments do not have to force millions to suffer involuntary unemployment, then the ethically defensible position of opposing a Job Guarantee is narrowed.
MMP Blog #48: Is The Job Guarantee Necessary? Read More »
The public purpose is an evolving concept. The national government must play an important role in society as it helps to identify the social purpose and to establish a social structure in which individuals and groups will work toward achieving the public purpose.
MMP Blog #37: The Public Purpose Read More »
The US Dollar probably will not remain the world’s reserve currency. From the US perspective, that might be a disappointment. In the long view of history, it is inconsequential.
MMP Blog #34: Functional Finance and Exchange Rate Regimes: The Twin Deficits Debate Read More »
Applying a household “budget constraint” to government is obviously inappropriate—households are users of the currency, while government is the issuer. How could economics have become so confused?
MMP Blog #33: Functional Finance and Long Term Growth Read More »
Comments and responses on the Modern Money Primer Part 31.
MMP Blog #31 Responses Read More »
This week we begin a new topic: functional finance. Today we will lay out Abba Lerner’s approach to policy.
MMP Blog #31: FUNCTIONAL FINANCE: Monetary and Fiscal Policy for Sovereign Currencies Read More »
Comments and responses on the Modern Money Primer Part 30.
MMP Blog #30 Responses Read More »