We’re pleased to announce our upcoming web conference with Stephanie Kelton, Assistant Professor in the Economics Department of the University of Missouri-Kansas City.
Stephanie, who tweets as @deficitowl and contributes to the New Economic Perspectives website, is a major proponent and developer of Modern Monetary Theory (MMT), a radical and sometimes controversial post-Keynsian theory that holds that Governments should print money to spend their way out of recession.
Since we have people willing to work, and goods and services that need to be exchanged, the only obstacle is lack of money: why not just print some?
MMT theorises that money is not a commodity, but is created by law to enable the exchange of commodities. For background information on MMT, read the MMT Primer.
Stephanie will be speaking on:Click the link for joining instructions.
MMT and the Austerity Agenda
Date: Friday 6 July
Time: 4:30pm GMT
Place: usilive.org – web conference meeting MMT with Stephanie Kelton
Social Network Unionism
Web conference: Stephanie Kelton on Modern Money Theory and austerity
by Union Solidarity International
(h/t Clonal via email)
5 comments:
Modern Monetary Theory (MMT), a radical and sometimes controversial post-Keynsian theory that holds that Governments should print money to spend their way out of recession.
Since we have people willing to work, and goods and services that need to be exchanged, the only obstacle is lack of money: why not just print some?
You guys need to put that on billboards and paint it on the side of skyscrapers. Seriously. Get the message out. Just print money.
But it depends on how the money is distributed, Bob.
I don't think the intro was Stephanie's wording. She avoids the phrase "printing money."
They don't "print money". They create it via keystrokes, which is even worse. But I do know that.
The archived you tube video of the talk
http://www.youtube.com/watch?v=Qnj1ofZ8S3w
Thanks, Clonal. Posted.
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