MMT

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MMT Stephanie Kelton on infrastructure, & Jen Psaki, Katie Porter, Jake Tapper highlights

MMT proponent Stephanie Kelton has a message for Biden. Katie Porter wants Biden to move quickly on women’s policies. Jen Psaki & Jake Tapper highlights. Stephanie Kelton has an important message. Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom: LINK — Live Calls: (346)248-7799 ID:254 0 9091...

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  • April 7, 2021
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Stephanie Kelton: Biden can go bigger, but they must understand MMT & inflation.

Stephanie Kelton: Biden & Progressives can go bigger, but they must understand MMT & inflation

I read “Biden Can Go Bigger and Not ‘Pay for It’ the Old Way” by Economics Professor and MMT advocate Stephanie Kelton. It is an important read that we need to understand. Stephanie Kelton hits the nail on the head. See full episodes here. Ironically Professor Kelton shared some concerns with former...

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  • April 7, 2021
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AntiCapitalist MeetUp: Are carbon markets like papal indulgences

Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have denied us Renaissance art which is less at risk in an age of non-fungible tokens. Today the consequences for the planet...

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  • March 28, 2021
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Krugman: stagflation as ambitious macroeconomic policies and conservative ideas was wrong?

Let real wages (of $15+/hour) grow faster than labor productivity for some years, undoing the wage repression of the last decades. We have been misled by neoliberal economics for now many decades, it’s time to turn many things around in what is becoming a second-rated US economy, recently crippled by the...

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  • February 9, 2021
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“Marty, you're not thinking four-dimensionally”

M-i-c-k-e-y, Why because we like it. M-M-MMT. “We collectively decide just what counts as a resource, economic base, or productive work.” OTOH, it could all be trippin’ on bong hits. The superlative science fiction writer Kim Stanley Robinson’s latest novel, The Ministry For The Future, is essentially about using MMT to...

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  • January 2, 2021
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Anti-Capitalist MeetUp: Post-COVID's post-capitalism may create an International Green New Deal

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“(T)erminating labour and share markets, along with the type of commercial banking taken for granted today, is a prerequisite for a post-capitalist society with functioning markets, authentic democracy and personal liberty.” Left accelerationism seems tempting in a time when markets, democracy, and liberty are in peril. but Yanis Varoufakis is hinting...

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  • August 30, 2020
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AntiCapitalist MeetUp: government deficit is a myth in the eyes of Modern Monetary Theory

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Modern Monetary Theory (MMT) can (but not will) save the US economy. What with the White House Council of Economic Advisors now reduced to one economist, it’s worth noting that one of their econometric models (Hassett) influenced the prediction that COVID-19 infections in the US would go to zero by...

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  • June 28, 2020
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AntiCapitalist MeetUp: boogaloos have their Horst Wessel. #BreonnaTaylor is different

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(Originally, I had done something on a MMT podcast with some of its major luminaries, but I’ll save it for a future AC chat diary, since Historical events seem more important for MeetUps) 'Boogaloo' Is The New Far-Right Slang For Civil War  x The United States of America will be designating ANTIFA...

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  • May 31, 2020
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AntiCapitalist Meet-up Hodge-podge

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Below is a collection of things that I’ve been saving up — including the problems of CV-19, MMT, neoliberalism, and other things relating pandemics to the economy. If there’s a point to this selection it is to remind ourselves what will happen in 2021 with Larry Summers now advising the Biden...

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  • April 26, 2020
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