Bill Mitchell: Why do currency-issuing governments issue debt? – Part 1

A simple, straighforward piece that does away with the myth that governments tax to spend. Read here

Marx famously wrote that philosophers have interpreted the world in various ways; the point, however, is to change it. He provided powerful analysis and critique, but also wanted to guide political action. This brilliant attempt by […]

The world is reeling from one crisis to the next, most of which are not resolving themselves. It is no wonder that there is inflation. But none of these can be rectified with interest rate […]