What Is Helicopter Money, Anyway?

June 9th, 2015
in Op Ed

by Scott Fullwiler

Clive Crook has an interesting article in Bloomberg that I wanted to quickly touch on as it relates to a number of things that have been central to MMT for years.

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No, India Isn't Outpacing China, and Other Modi Myths

June 8th, 2015
in Op Ed

by Partha Gangopadhyay, The Conversation

Having converted a potentially precarious majority into a grand majority, India’s Prime Minister Narendra Modi is now suffering the horrific blues of the winner’s curse of absolute majority.

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President Obama Fateful Error in Making Bush’s Goldman Sachs/AIG Scandal His Scandal

June 7th, 2015
in Op Ed

by William K. Black, New Economic Perspectives

We have known from the beginning that Lanny Breuer, who the Obama administration chose as its head of the Criminal Division in order to ensure that there would be no prosecutions of the banksters that led, and were enriched by the fraud epidemics that drove the crisis, would be a national embarrassment.

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The Compromise that's Needed in the Greek Bail-Out Negotiations

June 7th, 2015
in Op Ed

by Michael Arghyrou, The Conversation

Following five years of imperfect yet noticeable economic progress Greece is once again at the epicentre of the financial world’s attention. The country wass due to repay €1.6 billion to the IMF in four steps between now and June 19. The first payment of €300m was due on Friday June 5.  The government has announced it is delaying all June payments until the end of June.  But the urgency of the problem is hardly diminished.

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The Ugly Truth Behind the Fed's Quantitative Easing

June 6th, 2015
in Op Ed

Special Report from Money Morning

by Shah Gilani, Money Morning

The growing income and wealth gap between the rich and poor, most of whom used to be called middle class, has many fathers. But behind the scenes one primary cause emerges. It's the greatest financial disruptor of modern times: Quantitative Easing (QE).

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