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Showing posts with label economic policy. Show all posts
Showing posts with label economic policy. Show all posts
Wednesday, February 5, 2020

MMT And Fiscal Policy: Radical Or Not? — Brian Romanchuk

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Most public debate around Modern Monetary Theory (MMT) revolves around fiscal policy. This is not too surprising, as this is largely where ...
1 comment:
Thursday, August 1, 2019

Bill Mitchell — The adult unemployment benefit in Australia should be immediately increased by $A200 per week

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At present, the Australian Parliament is debating whether the unemployment benefit (called Newstart) should be increased. The conservative ...
Wednesday, July 24, 2019

J. W. Mason — A Baker’s Dozen of Reasons Not to Worry about Government Debt

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Good summary of the main points regarding public debt. J. W. Mason's Blog A Baker’s Dozen of Reasons Not to Worry about Government Deb...
5 comments:
Wednesday, May 29, 2019

Bill Mitchell — Talking of elephants–plain old, garden variety fiscal policy

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If there were two lessons that can be taken from the GFC among others then we should know, once and for all, that, first, monetary policy (...
4 comments:
Friday, January 25, 2019

Bill Mitchell — Operationalising core MMT principles – Part 2

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This is the second and final part of this cameo set, which aims to clear up a few major blind spots in peoples’ embrace with Modern Monetar...
Sunday, January 13, 2019

Tcherneva, Sawicky and Kaboub on MMT and policy

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Pavlina Tcherneva: There is nothing more crippling to a bold policy agenda than the myth that the government can run out of money. This m...
4 comments:

Robin McAlpine — Why the debate about MMT in the indy movement is exactly what we need right now

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Common Weal director Robin McAlpine finds that the debate around Modern Monetary Theory can help the independence movement develop an econo...
Thursday, December 6, 2018

Bill Mitchell — Greek austerity – a denial of basic human rights, penalty should be imprisonment

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I have just finished reading a report published by the Transnational Institute (TNI), which is an “international research and advocacy inst...
1 comment:
Thursday, September 6, 2018

Arjun Jayadev and J. W. Mason — Mainstream Macroeconomics and Modern Monetary Theory: What Really Divides Them?

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Abstract An increasingly visible school of heterodox macroeconomics, Modern Monetary Theory (MMT), makes the case for functional finance ...
24 comments:
Wednesday, August 29, 2018

Frank Li — John Maynard Keynes: The Best Economist Since 1899?

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In a previous post ( Milton Friedman: A Man of the Past? ), I concluded that Milton Friedman, an extreme advocator of "free market...
2 comments:
Saturday, August 25, 2018

Charles Adams — Fiscal policy is a matter of life and death

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MMT. And he also talks about rent extraction! "So why are UK politicians obsessed with balancing the books rather than helping th...
5 comments:
Sunday, August 12, 2018

Brian Romanchuk — Why Is A Positive Inflation Rate A Good Thing?

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One of the questions that often comes up in economic discussions is: why is a positive inflation rate seen as a good thing? There are a few...
4 comments:
Friday, August 3, 2018

Bill Black — How Democratic Party Mendacity about Deficits and Banksters Lifted Trump

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Stephanie Kelton and I have been trying hard to keep Democrats from, again, rushing into the trap of denouncing Republicans for running fed...
4 comments:
Wednesday, June 6, 2018

Brian Romanchuk — Understanding Why Governments Cannot Use Stock Prices As A Policy Tool

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Professor Roger E. Farmer proposed in his book Prosperity for All ( link to my review ) that governments should set up a body to control e...
Thursday, May 24, 2018

Bill Mitchell — Timor – challenges for the new government — Part 1-3 of 3

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This is Part 3 (and final) of my mini-series analysing some of the challenges that the newly elected majority government in Timor-Leste fac...
1 comment:
Thursday, May 17, 2018

Dean Baker — More Thoughts on a Job Guarantee: What Is At Issue?

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Let's be clear. What is really at issue is whether a buffer stock of employed is sociao-economically superior to a buffer stock of un...
2 comments:
Saturday, May 5, 2018

Lars P. Syll — Busting the NAIRU myth

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Making policy based on fairy tales. Lars P. Syll’s Blog Busting the NAIRU myth Lars P. Syll | Professor, Malmo University
1 comment:
Wednesday, March 14, 2018

Chris Dillow — The persistence of fiscal stupidity

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Chris Dillow mentions MMT. Stumbling and Mumbling The persistence of fiscal stupidity Chris Dillow | Investors Chronicle
Tuesday, December 5, 2017

Andrew Lainton — Time for Think Tanks to Work on The Details of Implementing A Land Value Tax

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Where thinks tanks are at there best is investigating long terms trends and international best practice, lifting eyes above the day to day ...
Sunday, November 5, 2017

Chris Dillow — How to defend capitalism

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Coaching the opposition. That's only relevant when the opposition is hopeless lost in the weeds, is in power, and is running society in...
5 comments: