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Beware: pension systems about to collapse. Not! More mainstream fiction — Bill Mitchell

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Is this situation the result of incompetence or it is propaganda masquerading as science?William Mitchell — Modern Monetary TheoryBeware: pension systems about to collapse. Not! More mainstream fictionBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, AustraliaRelated Or is it the design of the system itself so that this situation is just one aspect of a syndrome. Caitlin Johnstone argues it is the result of built-in perverse incentives that favor one class.CaitlinJohnstone.comOur Systems Reward Dysfunction And Destruction: Notes From The Edge Of The Narrative MatrixCaitlin Johnstone

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Is this situation the result of incompetence or it is propaganda masquerading as science?

William Mitchell — Modern Monetary Theory
Beware: pension systems about to collapse. Not! More mainstream fiction
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia


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Or is it the design of the system itself so that this situation is just one aspect of a syndrome. Caitlin Johnstone argues it is the result of built-in perverse incentives that favor one class.

CaitlinJohnstone.com
Our Systems Reward Dysfunction And Destruction: Notes From The Edge Of The Narrative Matrix
Caitlin Johnstone
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.

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