Tags: joseph m. firestone

Make ‘em Prove the Causality Before They Cause Any More Suffering

May 10th, 2013
in Op Ed

by Joseph M. Firestone, New Economic Perspectivesp> This post is a more complete statement of my conclusions based on the analysis in Parts One and Two of this series. As I’ve explained in Part Two, there’s no reason in the Reinhart-Rogoff (R-R) data… more »

A Plague on All Your Budgets

March 31st, 2013
in Op Ed

by Joseph M. Firestone, New Economic Perspectivesp> The Sector Financial Balances Model: Domestic Private Balance + Domestic Government Balance + Foreign Balance = 0 is an accounting identity that provides a focus for macroeconomic analysis, expla… more »

Framing Platinum Coin Seigniorage: Part Six, More Political/Economic Objections

February 13th, 2013
in Op Ed, syndication

This series provides a framing document for Platinum Coin Seigniorage (PCS). In the five previous parts of the series, I pointed out that there are three classes of opponents of High Value Platinum Coin Seigniorage (HVPCS, $30 T and above). The first… more »

Is a Debt Jubilee the Answer?

December 19th, 2011
in Op Ed

A couple of days ago, my friend, Lambert Strether, raised this question about transitioning to a Modern Monetary Theory-based approach to fiscal policy in the United States: “Could a "debt jubilee" be a useful demand in a transition to MMT? I think it… more »

Americans Elect and the Emerging Oligarchy: Update

December 13th, 2011
in Op Ed

by Joseph M. Firestone, Ph.D, of Correntewire.  Joe is Managing Director and CEO of KMCI.org. The Occupy Wall Street (OWS) movement has made many more Americans aware of the issue of an emerging oligarchy based on wealth inequality taking control of Am… more »

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