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...
by J. Jerrald Hayes | Mar 4, 2019 | • Politics, Alexandria Ocasio Cortez, Bernie Sanders, Economics & The Economy, Income Inequality, Jobs
Bernie Sanders’ 2016 economic advisor Stephanie Kelton on Modern Monetary Theory and the 2020 race With U.S. government Kelton currently works as a professor of public policy and economics at Stony Brook University. Previously, she served as chief economist for...
by J. Jerrald Hayes | Mar 1, 2019 | Economics & The Economy
https://www.bloomberg.com/opinion/articles/2019-03-01/paul-krugman-s-four-questions-about-mmt/...
by J. Jerrald Hayes | Feb 16, 2019 | Economics & The Economy, Income Inequality
Everyone knows governments need to tax before they can spend. What Modern Monetary Theory presupposes is, maybe they don’t. The Radical Theory That the Government Has Unlimited Money Photo illustration by Lia Kantrowitz Tall, bearded, with gentle brown eyes,...
