Achieving price stability through MMT but without going back to the gold standard.
Real Progressives (August 16, 2023)
Towards a Libertarian/Austrian Modern Money Theory
L. Randall Wray | Professor of Economics, Bard College
Originally posted on July 27, 2010 at the New Economic Perspectives blog
5. How can the belief that all ought to work, and contribute to society, rather than lay about and collect welfare be called socialism?
ReplyDeleteBecause hedonism was mysteriously conflated with socialism?
This is all fine and dandy but the problem still remains that the academe is graduating 10s of thousands of kids every year who think abstractions of the Accounting Science are REAL and we can run out of them..
ReplyDeleteThat’s the one you have to solve….
"That’s the one you have to solve…."
ReplyDeleteExport them to Canada.
Next...
They won't give up their precious metals.
ReplyDelete