Documentary Of The Week: Warren Mosler On MMT


Written by John Lounsbury

Warren Mosler, one of the founders of Modern Monetary Theory, presented the closing address at The First International Conference on Modern Monetary Theory September 21-24 at the University of Missouri Kansas City.


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More Countries Adopt Freedom Of Information Laws


-- this post authored by Dyfed Loesche

The number of countries who have adopted freedom of information laws (FOI laws) is on the increase worldwide, according to data published in a recent UNESCO report.

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Infographic Of The Day: Walmart Nation - Mapping The Largest Employers In The U.S.

In an era where Amazon steals most of the headlines, it's easy to forget about brick-and-mortar retailers like Walmart.

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Video of the Day:

Russian President Putin has met with his Turkish and Iranian counterparts, President Erdogan and President Rouhani, to discuss a political solution, while the United States has been largely left out.

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Current Weather Outlook

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Some Southwest States may set high temperature records on Thanksgiving Day and the Phoenix Airport may record the first Meteorological Fall Season without measurable precipitation since 1938. Alaska is getting back-door cold fronts which are creating Gulf of Alaska Lows which then provide moisture to the Northwest. La Nina and Global Warming result in interesting weather. Continue reading to learn more. 

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Technical Thoughts: Model Based Trading

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Need Another Reason To Help Puerto Rico? It's A Key US Economic And Military Asset

from The Conversation

-- this post authored by Lilian Bobea, Bentley University

Three weeks after Hurricane Maria ripped through Puerto Rico, half of the population still lacks fresh water and medicine, and almost 80 percent doesn't have electricity. The scarce resources arriving from international private sources are quickly running out. Satellite communication remains limited.

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 USA economy at a glance (boxed items are updates in last 7 days)

01 November 2017 FOMC Meeting Minutes: Again Much Talk About Inflation

Fed-sealSMALL-- this post authored by Steven Hansen

The 01 November 2017 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members (minutes were released today). There was considerable discussion on inflation, and an interesting quote:

... several participants expressed concern that the persistently weak inflation data could lead to a decline in longer-term inflation expectations or may have done so already; they pointed to low market-based measures of inflation compensation, declines in some survey measures of inflation expectations, or evidence from statistical models suggesting that the underlying trend in inflation had fallen in recent years ...

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