Sunday , October 6 2024
Home / Mike Norman Economics / Money Is Made Up And We Can Change The Rules Whenever We Want — Caitlin Johnstone

Money Is Made Up And We Can Change The Rules Whenever We Want — Caitlin Johnstone

Summary:
This is a more (popular) philosophical way of stating the institutional view. Money is a construct of the culture that is formalized in law and characterized by institutional arrangements created by human and can be changed. MMT is based on institutional analysis and is opposed to the naturalistic assumptions of conventional economists that just happen underlies policy that favors elite interests over people in general and the planet. CaitlinJohnstone.comMoney Is Made Up And We Can Change The Rules Whenever We WantCaitlin Johnstone See alsoA Nation That’s Always At War Has No Moral Authority: Notes From The Edge Of The Narrative Matrix

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes When usefulness is more important than precision

Bill Haskell writes The Plan to destroy Obamacare

NewDealdemocrat writes The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway

Joel Eissenberg writes High fructose corn syrup and your health

This is a more (popular) philosophical way of stating the institutional view. Money is a construct of the culture that is formalized in law and characterized by institutional arrangements created by human and can be changed. MMT is based on institutional analysis and is opposed to the naturalistic assumptions of conventional economists that just happen underlies policy that favors elite interests over people in general and the planet.

CaitlinJohnstone.com
Money Is Made Up And We Can Change The Rules Whenever We Want
Caitlin Johnstone

See also

A Nation That’s Always At War Has No Moral Authority: Notes From The Edge Of The Narrative Matrix

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *