Tag Archives: Bill Mitchell

Rethinking “Productivity”

This post was prompted in part by a recent New York Times opinion piece by Tim Jackson, professor of sustainable development at the University of Surry, and author of “Prosperity Without Growth: Economics for a Finite Planet.”  The provocative title … Continue reading

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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

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MMT & the New Economy Movement: A Macro-Micro Marriage?

In a recent post I discussed both Modern Monetary Theory and the New Economy Movement. As that and a subsequent post indicated, MMT reflects a distinctly macroeconomic perspective, focused as it is on macro-level account balances; aggregate demand and price … Continue reading

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