Do We Need Taxes? The MMT Perspective
It’s elementary, my dear Holmes. Taxes drive the currency.
Do We Need Taxes? The MMT Perspective Read More »
It’s elementary, my dear Holmes. Taxes drive the currency.
Do We Need Taxes? The MMT Perspective Read More »
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.
CBO—Still Out of Paradigm after All These Years Read More »
Why does it seem like there isn’t enough money to pay for the things we really need? Is it really true? Are we really too poor to put America back to work making and building the things we need to maintain a prosperous nation?
Playing Monopolis Monopoly: An inquiry into why we are making ourselves so miserable Read More »
If progressives would just make the effort to inform themselves how a modern, sovereign fiat currency actually functions, they’d realize “paying for it” is actually the easiest part.
The Oppressive Free Lunch Read More »
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
Taxes Don’t Fund Federal Spending Read More »
This paper, from Oeconomicus, Volume V, Winter 2002, explores the basis for understanding modern monetary systems as rooted in the monopoly powers of the State.
Monopoly Money: The State as a Price Setter Read More »
Accepting cryptocurrency is more like accepting stocks.
Colorado Accepts Crypto to Pay Taxes Read More »
Government spending is nothing like a household. The government’s job is to keep the economy in balance.
Redesigning Money for a Donut World Read More »
Critics of MMT often say, “but it’s only ‘chartalism’”—as if chartalism, itself, were a discredited explanation of reality that inherently discredits Modern Money Theory.
The Aerodynamics of Chartalism Read More »