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Tag Archives: economics
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
Productivity, Compensation, Demand & Debt
Data from the Bureau of Labor Statistics makes it clear that–unlike the three decades preceding it–the 30 years following the election of Ronald Reagan have seen the growth rate of worker compensation fall far short of the increase in worker … Continue reading
Posted in Economics
Tagged debt, economics, productivity, Steve Keen, Thomas Palley, worker compensation
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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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Understanding and Embracing The Sovereign Currency Opportunity
As I read about the “debt problem” and hear it discussed endlessly on TV news shows, I find myself deeply disappointed to note how many journalists, politicians and even economists fail to make the distinction between private debt (i.e., debt … Continue reading
Posted in Economics, Modern Monetary Theory
Tagged Dan Kervick, economics, MMT, sovereign currency
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New Growth Theory & Internet Policy
As I mentioned in my last post, which focused on Modern Monetary Theory (MMT), I’m working toward a post that will explain how a combination of MMT and New Growth Theory (NGT) can have major significance related to Internet policy … Continue reading
New Perspectives on the Economy
Since economics is supposed to be the study of the exchange of value and (hopefully) the increase in prosperity and well-being among human beings, it will be a central thread of future discussion on this site. The general perspective I’ll … Continue reading
Posted in Communication Policy, Economics, Human Evolution, Modern Monetary Theory, New Economy Movement, New Growth Theory, Political Reform
Tagged banking, Bill Black, community wealth-building, economics, evolutionary reconstruction, Gar Alperovitz, generative economy, Institute for New Economic Thinking, MMT, Modern Monetary Theory, New Economic Perspectives, New Economics Institute, The Democracy Collaborative
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