Modern Monetary Theory (MMT) not only threatens vested neo-liberal interests in politics but also challenges the hegemony of mainstream macroeconomists who have been able to dominate the policy debate for decades using a series of linked myths about how the fiat monetary system operates and the capacities of currency-issuing governments within such a system. MMT exposes these myths.
‘Talks over the Ukraine war show that Donald Trump thinks both the US and Russia can end up as winners. Europe is being made to pay the price, as its leaders accept their role as […]
In the current circumstances, while the lockdowns are driving people into joblessness, the alternative would have been for the government to just pay the wages and order people to stay at home. Read here People […]
In our continuing coverage of the Green New Deal we are presenting an article by Simon Wren-Lewis, an economics professor and advisor of Jeremy Corbyn. There is one especially good passage: “No one in a […]
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