This is my keynote presentation at the 1st European Modern Monetary conference. I cover the fallacies that mainstream economists believe about money and why they are wrong, how their decision to ignore banks, money, credit and private debt in their macroeconomics depends upon the false “Loanable Funds” model of bank behaviour, and how private debt and credit explain the tendency of capitalism to fall into financial crises.
Fake News
Renegade Inc. – Modern day propaganda
Many people have become increasingly skeptical of half-truths in the mainstream media that help to promote foreign policy objectives abroad. When alternative narratives are brought to our attention, the only option for the establishment is […]
Economics
The MMT Podcast – Scott Ferguson: MMT and Marxism
Patricia talks with Associate Professor of Humanities & Cultural Studies and co-host of Money On The Left podcast Scott Ferguson about Marxism and political identities in general in relation to MMT. Listen here
Austerity
Bill Mitchell – Think our governments can no longer control capitalism? You’ve been duped
Bill Mitchell explores among other topics the neoliberal dominance of the political process and the resulting shifts in economic policies.
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