Now that prominent mainstream economists have grudgingly accepted some of the elements of Modern Monetary Theory, they are simultaneously trying to discredit it to save face.
Behind the “News” are people, who are seldom mentioned. When they do appear briefly and rarely, it is mostly in a sanitised and aestheticized version. Aditya Chakrabortty has been trying for years to turn this […]
From The New Statesman As in 2008 private debt threatens to provoke the next financial crisis in the United Kingdom. Once again the facts are being ignored by those financial instituions responsible. Read here