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Category Archives: Modern Monetary Theory
Understanding MMT: Recommended Video & Audio
For anyone wanting to better understand Modern Monetary Theory (MMT), I’d highly recommend the following: A nearly 2 hour joint presentation (including extended Q&A) at the Columbia Law School by Prof. Stephanie Kelton of UKMC and investor and MMT pioneer … Continue reading
Posted in Economics, Modern Monetary Theory
2 Comments
Freeing Progressives From Their Deficit-Fear Shackles
Since the federal deficit was a central (and, in my view, misguided) focus of both of the two recent political conventions, it seems like a good time to revisit the Modern Monetary Theory (MMT) perspective on the deficit (in what … Continue reading
Posted in Economics, Modern Monetary Theory
4 Comments
My Broadband Pipe Dream, Part II: How might we get there from here?
Having set the conceptual stage for a “generative” Internet access strategy in Part I of this two-part post, I’d like dig a little deeper here into the “what” and “how.” As I said in Part I, and as suggested by … Continue reading
My Broadband Pipe Dream, Part I: Review & Stage-Setting
In this post I hope to tie to together some threads of analysis explored in earlier posts, with the goal of setting the stage for a follow-up post that will outline what I’ll call my “broadband pipe dream.” So let’s … Continue reading
Which Kind of Internet Do “We the People” Want?
I believe we’re at a key crossroads in the evolution of the Internet, our economy and society as a whole. And, as I’ve discussed, I believe a combination of New Growth Theory and Modern Monetary Theory can help us choose … Continue reading
NGT, MMT and Internet Policy: Overview
In this post I want to review some of the key points covered in several earlier posts. My goal is to set the stage for an Internet policy proposal based on a synthesis of New Growth Theory (NGT) and Modern … Continue reading
How Best to “Upgrade America?”
I just read Blair Levin’s recent “Upgrading America” speech, whose subtitle is: “Achieving a Strategic Bandwidth Advantage and a Psychology of Bandwidth Abundance To Drive High-Performance Knowledge Exchange.” As its longish subtitle (and reference to “combinatorial innovation”) suggests, Levin seems to … Continue reading
Key Points From MMT Economics Textbook Draft
Today Bill Mitchell posted some draft material from the MMT-oriented textbook he’s co-authoring with Randall Wray, another leading MMT thinker. I thought I’d post a few brief excerpts from it, since they nicely summarize several core elements of MMT. The … Continue reading
Social Security: It’s About REAL Productive Capacity
I visited the MMT-oriented New Economic Perspectives web site today and found another of the animated videos produced by students in Eric Tymoigne’s modern money course at Lewis & Clark College (I’d posted a link to an earlier video here). The video focused … Continue reading
Europe at an Evolutionary Crossroads
As the latest phase of the Euro-crisis intensifies, it seems increasingly clear that Europe is at a difficult and historic crossroads in its long, slow transition from horrific warfare (and economic depression) during the first half of the 20th century, … Continue reading
Posted in Economics, Human Evolution, Modern Monetary Theory
Tagged economics, Europe, eurozone, MMT
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Evolving Human Systems 