Lucre ahead
David McWilliams is both an academic expert in monetary economics and has worked for the Irish central bank, so he understands the realities of creating money. His book, Money, has …
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Was Truss on the money?
Dirk Ehnts suggests that Liz Truss’s downfall may have not been because she was wrong. Shadow chancellor, Rachel Reeves, said in 2021 that delaying tackling climate breakdown would be at …
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How scarce is an opportunity
William Darity Jr. explains why scarcity isn’t everything. One of the consistent obstacles for aggressive action to address global warming is encapsulated in the question, “How will we pay for …
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Turning MMT into practice
America’s growing income inequality has long needed attention. Last January, under emergency circumstances, it finally got some, in the form of a $1.9 trillion pandemic relief package. The quietly influential …
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Money for nothing and other Newtonian repercussions
Georgian lessons on the modern economy by Simon Sherratt. In March 1819, William Cobbett – an inveterate critic of the British government – penned a remarkable letter for inclusion in …
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Pioneering spirit
Steve Keen, bête noir of neo-classical economists and author of Debunking Economics, has just published an article in which he sets out a new approach to macro-economic modelling he has …
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Defunding the past
The time has come to pucker up and give Trump a kiss. Our collective sanity is being assailed by an unrelenting locust-swarm media and the groaning end of a socioeconomic …
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US: Fighting coronavirus-induced debt with two trillion-dollar supercoins?
Nations are going through trying times, and they have to get creative in the fight against the coronavirus pandemic. In the United States, Democratic Congresswoman Rashida Tlaib is among those who …
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