In about an hour, I’ll be interviewing Ben McKenzie, actor and author of the new book Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. The episode will air next month on my weekly co-hosted podcast Best New Ideas in Money.
Paradigms are nothing more and certainly nothing less than the operant idea(s) creating/enforcing the realities...of entire patterns of thought, bodies of knowledge and areas of human endeavor. All of MMT, Keen's Minsky's Financial Instability Hypothesis, Hudson's Financial Parasitism, UBI and Ellen Brown's Public Banking have the problematic area of the economy surrounded, namely "money, debt and banks/banking". So why then do we not make a concerted effort to analyze and discern the specific new paradigm concept that, applied, will change the entire economy and the money system?
Could the Feb keystroke a clean energy reverse mortgage with a low finance fee for solar and electric car purchases. In poorer neighborhoods it could be part of The Inflation recover acts Justice 40 program. Is it within the Febs power to create and back such a loan we’re in the short run they would lose a little on interest payments but in the long run would boost clean energy development and therefore good for the economy and planet