I recently sat down with New Zealand’s Minister for Climate Change, James Shaw. In addition to serving in parliament, Shaw hosts a podcast called What Comes After What Comes Next. We talked for nearly an hour and covered a a lot of ground: MMT, the policy response to the…
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Today’s post will be short. I spent the day mostly doing interviews and ran short on time. I was planning to write about Turkey at some point, but Brian…
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The Bank of England’s intervention reminded me of this essay, published nearly twenty years ago by MMT economist, Professor L. Randall Wray. Some of you…
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And don't call it a "fiscal rescue" either. The BOE's latest move was about rescuing pension funds, not fiscal policymakers.
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Early this morning, I got an e-mail from a longtime friend, asking: Isn’t the best way to rein in inflation right now a tax increase on those with what…
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Everyone insisted that the Bank of England (BoE) needed to say something following the financial turmoil that began on Friday and continued over the…
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Cut taxes. Cry Broke. Defund the public sector.
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With apologies to H.P. Minsky for twisting the phrase.
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