Economics
L. Randall Wray, Stephanie Kelton: Magical Monetary Thinking at the Fed Killed SVB
An historical review of Federal Reserve Policy since WWII Read HERE
Stephanie Kelton
Austerity
Stephanie Kelton: UNCTAD warns of too much tightening
The trade and development department within the UN has published a report warning the advanced economies to “avoid austerity” and “revert course and avoid the temptation to try to bring down prices by relying on […]
Climate Crisis
Stephanie Kelton – The Big Myth of Government Deficits
Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, but rather […]
Economics
Stephanie Kelton – The Deficit Myth
Begins at 11:00
Finance
The Asahi Shimbun – Stephanie Kelton: Japan shatters notion of deficit boogeyman
Modern monetary theory (MMT) is gaining much attention for its somewhat unorthodox view that governments do not have to worry about fiscal deficits. One of the main advocates of MMT is Stephanie Kelton, an economics […]
Economics
Lars P. Syll – MMT perspectives on the euro
In her unsuccesful general election campaign of 2017 Theresa May promised “strong and stable” leadership. Look what Britain got. The same was promised with the euro. What the euro-nations got was German ideological obsession for […]
Austerity
Economics
Stephanie Kelton & Bill Mitchell – The World of MMT
Two of the key developers of Modern Monetary Theory (MMT) talk about its past, present and future state. Stephanie Kelton defines the difference between deficit hawks & doves (a la Krugman) as the choice between […]
Austerity
Stephanie Kelton – Rethinking Fiscal Policy
Where does money come from? Lecture by Stephanie Kelton: Rethinking fiscal policy. Every school kid, worker to retiree should understand this so we can ask the real question: How to use our resources to serve […]
Economics
Stephanie Kelton: Modern Monetary Theory Is Not a Recipe for Doom
There are no inherent tradeoffs between fiscal and monetary policy. Read here