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.
Geopolitics
Marlene Wind: Hungary, the enemy within
The hybrid war, that Russia is currently waging against our societies, includes the role played by the Hungarian Prime Minister Viktor Orbán. Read HERE Vladimir Putin and Viktor Orban, 2015 Photo: www.kremlin.ru/Creative Commons
Media
Jonathan Cook: Social media’s erasure of Palestinians is a grim warning for our future
Facebook, Google and Twitter are not neutral platforms. They control the digital public square to aid the powerful – and can cancel any of us overnight Read here
Climate Crisis
Inside Climate News: Shipping Group Leaps Into Europe’s Top 10 Polluters List
Until this year, the EU’s top polluters were mostly coal-fired power plants. But shipping is among the few industries not covered by the Paris climate agreement. Read here The MSC Gulsun launched this year as […]
Be the first to comment