Hyperinflation and its causes
Friday, March 9th, 2018It was curious to note that commentators on this site yesterday were referring to the risk of hyperinflation from MMT, suggesting that 56 historical cases
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Modern monetary theory is not a footnote to Keynes: it is instead the opposite of neoclassical economics
Wednesday, March 7th, 2018Whilst writing my post on Modern Monetary Theory (MMT) and tax havens at the weekend a thought occurred to me that was, maybe, lost in
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MMT and tax havens
Monday, March 5th, 2018A few days ago a commentator asked on the blog: I am not an economist so hopefully my ignorance can be forgiven. I find myself
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Steve Keen on MMT
Saturday, March 3rd, 2018I have a lot of respect for Steve Keen. His book Debunking Economics is pretty much essential reading for anyone who wants to know the
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Why MMT? A discussion with Warren Mosler
Saturday, February 24th, 2018A few weeks ago I mentioned on the blog that Warren Mosler had agreed to answer some questions on Modern Monetary Theory (MMT), of which
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What is full employment?
Saturday, February 10th, 2018Andy Crow has become a regular commentator on this blog over the last year or so. Overnight he offered this comment on my post on
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Modern monetary theory in a nutshell
Friday, February 9th, 2018It would appear that the anti-modern monetary theory brigade are keen to appear in the comments section of this blog at present. In that case
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The type of deficit matters
Sunday, February 4th, 2018I wrote a post on the likelihood of a Trump induced recession on Friday and then disappeared for the day into a series of long
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What if we hadn't created new money since 1945?
Tuesday, January 23rd, 2018Adam Sawyer offered a number of powerful comments on MMT on this blog yesterday, one of which included this para, which I thought worth sharing.
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