MMT economist Steven Hail helps understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how these things impact on interest rates, plus the effect of quantitative easing.
1 December 2024
As someone who identifies as a Post Keynesian, and criticises mainstream economists for caricaturing rather than understanding Keynes’s novel contributions to economics, it was a great pleasure to be invited to address the Keynes Society […]
Economist, public policy analyst, and Columbia professor Jeffery Sachs returns to Bad Faith to weigh in on the prospect of a ceasefire, Biden’s choice to increasingly distance himself rhetorically from Netanyahu, and the shocking settlers […]
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