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Tuesday, April 12, 2011

Tadit Anderson: The Community Reserve Exchange

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Tadit Anderson of Re-Imagining Economics posts on The Community Reserve Exchange: a Community Exchange: Based Upon Modern Monetary Economic...
6 comments:

Climate Progress: Renewable Energy On The Rise

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" In 2010, all forms of renewable energy provided 8.2 quadrillion BTUs of primary energy production in the United States, a little less...
3 comments:

Cutting the deficit on the backs of those who can least afford it

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Here's how they attack the deficit, by going after those who can least afford it. Disgraceful. Some of the cuts include: -The Women, Inf...
6 comments:
Monday, April 11, 2011

Alert

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Raw Story reports that Japan is raising the nuclear emergency alert to seven, the same as Chernobyl. Washington's blog is reporting tha...

IMF off the rails

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AFP via Raw Story: " The International Monetary Fund on Monday urged the US to begin addressing its yawning budget deficit this year ra...
20 comments:

20th Annual Hyman P. Minsky Conference This Week

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Interesting Economics Conference this week in NYC. Conference agenda here . 20th Annual Hyman P. Minsky Conference on the State of the US a...
11 comments:
Sunday, April 10, 2011

The cage is rattling

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Dean Baker is OK with the US reneging on its debt. Defaulting on Debt Is Not the End of the World Bruce Krasting thinks this is a terrible i...
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Brad DeLong: Richard Koo Is Right

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Bretton Woods Blogging: Old Economic Thinking Is New, or Is It that New Economic Thinking Is Old? Prof. Brad DeLong tell us that the basic p...

Edward Harrison on the Sitglitz proposal for a new global reserve currency

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Stiglitz proposes a new reserve currency Good read. My comment to Ed: Any fixed rate system is going to turn out to be deflationary rather t...
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New Xtranormal video debunks the deficit

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Nicely done Xtranormal video by one of our MMT friends debunking the deficit. Some of the dialog was taken from my, "How are we going t...
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James Galbraith on "The Great Crisis in the US and the World: Debt, Inequality, Fraud and Oil"

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Watch here . Dr Galbraith discusses financial fraud, peak oil, and speculators taking advantage of peak oil.

Prof. John T. Harvey at Forbes

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Up now: Why Social Security Cannot Go Bankrupt

Michael Hudson on the showdown between neoliberal rentiers and the people of Iceland

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Economist Michael Hudson wrote an article on Friday about the Icelandic struggle against neoliberalism. ----" A landmark fight is occ...
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Saturday, April 9, 2011

Chinese Exports and the iPhone

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" The shipment of the ready-to-use iPhones from China to the US is recorded as China’s exports to the US. Using the total manufacturing...
9 comments:

Edward Harrison on the Fed's Conundrum

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" I would argue that inflation expectations are rising as we speak. They are still anchored but they will not be if they continue to ri...

Who Did the Roman Government "Get This Money From"?

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Above is a picture from the Frome Hoard , a large find of over 52,000 Roman coins from the late 3rd century AD that was unearthed last year ...
9 comments:
Friday, April 8, 2011

John Tamny calls me a fool!

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Here's an email I just received from John Tamny after I asked him again to explain why private savings have exploded since the deficit i...
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My appearance on "Freedom Watch" last night

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Be sure to listen around the 7:00 minute mark where I take John Tamny to task on his claim that government must "take money" from ...
11 comments:

The US Needs A Fifth Budget Proposal

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In The People's Budget , Jeffrey Sachs, Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of...
14 comments:
Thursday, April 7, 2011

Important Message on Social Security and Medicare

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Stephanie Kelton reveals why there is no "entitlement problem" in 4 Trust Fund[s], 3 Problems: Why is the Other one so "Heal...
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Edward Harrison on Hyperinflation

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Edward Harrison of Credit Writedowns has written insightfully about hyperinflation previously, integrating the MMT perspective with his Aus...
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FLASH: Steve Randy Waldman Engages MMT

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Steve Randy Waldman adresses MMT at Interfluidity in MMT stabilization policy — some comments & critiques . This promises to be the moth...
5 comments:

The New "Moral Imperative"

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In Paul Ryan and the “M” Word , New Deal 2.0's Richard Kirsch reports, "USAction President William McNary, one of the most powerfu...
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I will be on Fox Business this evening at around 8:30pm EDT.

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I will be on "Freedom Watch" on Fox Business tonight (Thursday, April 7) at 8:30pm or shortly thereafter. Please try to watch if p...
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Public Asleep on the Budget Controversy

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Nate Silver of Five Thirty Eight at the New York Times tells us in Budget Politics in the Doldrums that right now the public is asleep on...
3 comments:
Wednesday, April 6, 2011

"Too much finance? "

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Jean-Louis Arcand, Enrico Berkes, Ugo Panizza summarize the conclusion of their research into the size of the financial system in relation t...
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Daniel Gros: "Europe’s Subprime Quagmire"

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Daniel Gros, Director of the Centre for European Policy Studies, warns in Europe’s Subprime Quagmire , "Europe is making a fundamental ...
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RT News is REALLY the "fair and balanced" news network. I think I hit it out of the park here, again!

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It's a wonder what you can do when you get a chance to communicate your ideas!
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Edward Harrison Sees Depression In the Cards

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Edward Harrison of Credit Writedowns is an Austrian schooler who has adopted the MMT monetary description. In A few brief comments on Americ...

Warren Mosler: Tea Party’s Economic Agenda Would Cause Next Great Depression

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Warren Mosler is one of the original developers of MMT. He recently ran for Chris Dodd's vacant seante seat in Connecticut. The followin...