Saturday , August 13 2022
Home / New Economic Perspectives (page 19)

New Economic Perspectives

The Great Italian Experiment (part 2)

By J.D. ALT As I said, Italy, is now experimenting with paying for public services with tax credits. Presumably, this is happening because Italy doesn’t possess enough Euros to pay its citizens to provide all the goods and services needed to maintain and run the public sector of its social economy. And Italy can’t “create” the additional Euros it needs because that prerogative is the exclusive right of the EU Central Bank which Italy, even as a sovereign member of the EU, has no control...

Read More »

Cheap Sexism and Intellectual Dishonesty about Marriage

By William K. Black October 2, 2017     Kansas City, MO This is the second column in my series about win-win strategies to strengthen the family and countering the conservative culture warriors who use the family as a means to oppose win-win solutions that bring people together.  Mark Regnerus is one of the most notorious of these hard right culture warriors.  He is the disgraced pseudo-scholar who right-wing groups funded to try to gin up evidence that same sex marriage harmed...

Read More »

The Job Guarantee Should Unite Anyone Interested in Strengthening Families

By William K. Black Kansas City, MO     September 25, 2017 The University of Missouri – Kansas City recently hosted the first conference on Modern Monetary Theory (MMT) and a closely associated idea, a federally-backed job guarantee for everyone willing and able to work.  On September 25, 2017, the New York Times published an article exemplifying one of the applications of the job guarantee that would provide a win-win that should unite anyone interested in strengthening the family.  The...

Read More »

Hy Minsky, Low Finance: Modern Money, Civil Rights, and Consumer Debt

By Raúl Carrillo I delivered the remarks published below at the First International Conference on MMT on September 22nd, 2017. The panel, entitled “Modern Money, Courts, and Civil Rights — Against Legal Predation”, explored the interplay between the cycle of crisis, austerity, and privatization, and the concomitant loss of rights for the public. I was joined by two esteemed law professors and friends of MMT: Angela P. Harris, formerly of UC Davis School of Law, and Martha McCluskey, of...

Read More »

Jared Bernstein Shows the Costs of Not Understanding Sovereign Currencies

William K. Black September 26, 2017      Kansas City, MO UMKC has just hosted a well-attended conference on Modern Monetary Theory (MMT) and job guarantee (JG) programs in which the federal government would provide the funds for employer of last resort programs.  In conjunction, MMT and JG allow full employment to become the norm.  MMT is based on reality, it explains how the monetary system in a nation with a sovereign currency actually functions.  Most monetary theory taught in...

Read More »

Italy’s Great Experiment

By J.D. ALT Italy is experimenting with giving tax-cuts to its citizens in exchange for public services―such as pulling weeds and cutting grass. Wow. What an amazing idea! The government issues a tax credit, and uses it to pay a citizen in exchange for the citizen’s services to the government. The government could even make this arrangement more formal by printing the tax credits on pieces of paper called “LIRIES” (or something like that) and paying for the weed-whacking services with...

Read More »

Low Rate of Unionization in US Consequence of Deregulation

NEP’s Bill Black appears on The Real News Network and points out that former Treasury Secretary Lawrence Summers’ recent plea for greater unionization contradicts his actions as a member of the Clinton and Obama administrations, when he promoted financial deregulation, increasing the power of capital. You can view with transcript here. [embedded content] [Translate]

Read More »