by J. Jerrald Hayes | Apr 23, 2019 | Economics & The Economy
A very detailed walkthrough of Modern Monetary Theory, the big new left economic idea Finding the best ways to do good. Made possible by The Rockefeller Foundation. Modern Monetary Theory is having a moment. The theory, in brief, argues that countries that issue their...
by J. Jerrald Hayes | Apr 5, 2019 | • Politics, Economics & The Economy, Income Inequality
Founder of world’s biggest hedge fund says capitalism needs urgent reform Capitalism is no longer working for most Americans, according to one hedge-fund billionaire. Ray Dalio, founder of Bridgewater Associates LP, the world’s largest hedge fund, says...
by J. Jerrald Hayes | Mar 16, 2019 | • Politics, Economics & The Economy, Income Inequality
Anand Giridharadas’ book: Winners Take All: The Elite Charade of Changing the...
by J. Jerrald Hayes | Mar 15, 2019 | Income Inequality
The ‘Self-Made Billionaire’ Is A Lie This week, Forbes magazine reported that 21-year-old Kylie Jenner was the youngest “self-made billionaire” ever ― as she has pulled in at least $1 billion from her successful makeup company Kylie Cosmetics....
by J. Jerrald Hayes | Mar 7, 2019 | • Politics, Economics & The Economy, Income Inequality, Jobs
What if the National Debt Doesn’t Actually Matter? The national debt is ballooning, surpassing $22 trillion. Conservatives and progressives alike, are aghast at the number and different political parties will use this number to different ends, but all will say...
by J. Jerrald Hayes | Mar 7, 2019 | • Politics, Economics & The Economy, Income Inequality, Jobs
A thorough defense of Modern Monetary Theory “First they ignore you, then they laugh at you, then they fight you, then you win” — Gandhi’s aphorism neatly describes the trajectory to date of Modern Monetary Theory, the latest incarnation of...
by J. Jerrald Hayes | Mar 7, 2019 | • Politics, Alexandria Ocasio Cortez, Bernie Sanders, Economics & The Economy, Income Inequality, Jobs
Democrats’ Twitter war: Should U.S. borrow a lot, or a whole lot? WASHINGTON (Reuters) – Twitter may not be the best place to decide the future of the U.S. economy. But square off a Nobel laureate and a former U.S. Treasury chief against a firebrand...
