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Showing posts with label monetary reform. Show all posts
Showing posts with label monetary reform. Show all posts
Saturday, February 15, 2025

1971: The Year That Changed Everything (But Probably Not For The Reason You Think)

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NOTE:  It's almost certainly NOT what you think! On August 15, 1971, President Richard M. Nixon (who was actually to the left of both Bi...
Saturday, July 27, 2024

To Refurbish Modern Monetary Theory (MMT), One Must Admit That Lockdowns Were Indeed Harmful On Balance

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Modern Monetary Theory (MMT) has been taking quite a drubbing lately.  Some say it has been thoroughly discredited since it was de facto p...
Saturday, March 16, 2024

A "Job Guarantee", Without The Guarantee?

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The TSAP has once endorsed the MMT idea of a Job Guarantee (JG), which is exactly what it sounds like.  Of course, we also supported Univers...
1 comment:
Sunday, June 19, 2022

The Root Cause Of All Economic Woes Of The Past Half-Century: "Financialization" Of The Economy

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The year was 1971, just over half a century ago.  The utterly costly (in both lives and money) and protracted Vietnam War was gradually wind...
3 comments:
Monday, September 20, 2021

To Both Parties: Stop Playing "Chicken" With The Economy!

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The elephant and jackass corporate duopoly in Congress are at it again.  They are, for the gazillionth time, playing a dangerous game of ...
3 comments:
Saturday, November 16, 2019

Setting The Record Straight: Austerity Is NOT Good For The Economy

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The evidence is overwhelming now.  Austerity is NOT good for the economy, for the same reason that applying leeches to cure anemia is not a ...
1 comment:
Monday, March 18, 2019

What MMT Gets Wrong, And Monetary Sovereignty Gets Right (Part Deux)

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Recently, we wrote an article  discussing the theoretical and practical differences between Modern Monetary Theory (MMT) and Monetary Sover...
Tuesday, September 4, 2018

What "Give People Money" Gets Right--And Wrong at the Same Time

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One of our favorite journalists, Annie Lowrey, recently wrote a book called Give People Money:  How a Universal Basic Income Would End Pove...
Saturday, May 12, 2018

The $21+ TRILLION Question

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Although the government shutdown and debt-ceiling brinksmanship  has been averted  (for now), the $21+ TRILLION question remains:  what are ...
1 comment:
Thursday, March 22, 2018

How to Prepare for the Next Big Crash (Part Deux)

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As we have  noted before , things are really not looking good for the global economy this year.  Whether we actually experience another fina...
Wednesday, March 21, 2018

How to Prepare for the Next Big Crash

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As we have noted in the  previous article , the risk of the next big economic crash continues to loom larger than ever before, and it is mo...
Thursday, March 9, 2017

One Weird Trick, Part Deux

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It just so happens that the very next day after we posted our " One Weird Trick to Rescue Economy " article, the highly progressiv...
1 comment: