An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Tuesday, February 26, 2013
William Hogeland — Washington’s Birthday and Public Debt
Grover Norquist gets it wrong. George Washington was a strong backer of the tax power in order to fund the national debt, which was financed by the new nation's wealthiest and which Washington saw as necessary to build the nation.
Hysteriography
Washington’s Birthday and Public Debt
William Hogeland
Labels:
MMT,
US history
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