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.
EU politics
Harrison Stetler: France’s Police Unions Are Mobilizing to Defend Their Impunity
The police killing of a 17-year-old in a Paris suburb has sparked a revolt against state violence across France. But powerful police unions have closed ranks behind the killer, in a backlash that shows French […]
EU politics
Wolfgang Munchau: The dictator and us
The case for an EU foreign and security policy – just like the case for a European centre for disease control – remains strong. But it needs to be based on clarity of purpose. Unless […]
Uncategorized
Tribune: ‘Ambulance Workers Are Absolutely on Their Knees’
Ambulance workers went on strike today in the UK. The government wants to strip them of the right to strike. Read the article HERE.
Be the first to comment