Recently, the neglected question of why the US government borrows, given that it can print money, has arisen in the context of discussions surrounding a new documentary, Finding the Money. As L. Randall Wray observes in this one-pager, Modern Money Theory has been providing answers to this question for some time; and, he argues, it is a topic that mainstream economists are ill-equipped to address, since very few concern themselves with the monetary operations that underlie the question of why a currency-issuing government issues debt.
Finance
Jeremy Corbyn: The Cost-of-Living Crisis Demands That We Democratize the Economy
Bring basic resources like energy, water, railways, and the postal service into democratic public ownership, writes the former Labour leader. Read the article HERE.
Climate Crisis
Washington Post: Germany portrays itself as a climate leader. But it’s still razing villages for coal mines
Like the EU – and where did they learn it from? – Germany likes to portray itself as virtuous and good. But these are not dirty little secrets. They are one big lie. Read here
EU politics
Ruairí Casey – Germany’s Anti-Semitism Resolution: Questions of Funding
The Bundestag has called for critics of Israel to be frozen out from funding for arts, academia and civil society – all to fight antisemitism I looked at how control over state funding has become […]
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