It is noticeable that the economic mainstream is becoming increasingly uncomfortable by the increased interest in Modern Monetary Theory. Bill Mitchell is right. There appears to be an effort to co-opt Modern Monetary Theory under the motto: There is no real difference between them and us. It is a minor conflict. But it isn´t. Mitchell does a brilliant job of defining the most important differences in this article.
Related Articles
Ignasi Bernat and David Whyte: Catalan indy leaders’ sentences show Spain’s political extremism
Behind the judgement passed by the Spanish Supreme Court one recognises how present Franco still is in Spanish politics. Read here
RUDAW: Sweden extradites Kurdish refugee to Turkey amid NATO bid
Sweden on Friday extradited a Kurdish refugee to Turkey as Ankara keeps pressuring the Nordic country to meet its demands in return for NATO membership. The refugee is among dozens of people wanted in Turkey […]
Stephen Maher, Scott Aquanno – The Problem With Finance Is the Problem of Capitalism
The authors’ of new book The Fall and Rise of American Capitalism: From J. P. Morgan to BlackRock argue that finance capital and industrial capital are not in conflict, as many have argued. They are in fact […]
Be the first to comment