The MMT Podcast – Warren Mosler: What Do Central Banks Do?

Moderate Rebels Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large […]

Countries whose economies are dominated by large financial centres suffer a “Finance Curse” that is rather similar in cause and effect to a “Resource Curse” that afflicts many countries whose economies are dominated by large […]

The Renaissance is known as a foundation stone of the modern world through both its art and ideas. But lesser known is that it was also a time when the modern banking system was created. […]