Tags: mmt
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 »
Martin Wolf: "Lord Turner Thinks the Unthinkable"
February 13th, 2013
in Op Ed, syndication
by Paul Kasriel alerted me in an email this morning to check out Martin Wolf's column today (13 February 2013) in the Financial Times. Wolf's title: "A case to reset basis of monetary policy." The widely read associate editor and chief economics com… more »
MMT and Social Norms
January 25th, 2013
in Op Ed, syndication
Chris Hayes’ recent MSNBC show on the Trillion Dollar Coin brought four aspects of the Modern Money debate, for me at least, into a clearer focus. I list them here not in their order of appearance on the show, but in their order of importance and logi… more »
America’s Deceptive 2012 Fiscal Cliff – Part 3
January 15th, 2013
in Op Ed, syndication
by Michael Hudson, New Economic Perspectives [Part 1] [Part 2] [...] Quantitative easing as free money creation – to subsidize the big banks The Federal Reserve’s three waves of Quantitative Easing since 2008 show how easy it is to create free m… more »
