New Economic Perspectives

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Upon my oath, I didn’t intend to bring back the coin proposal until much later in the renewed process of Republican hostage-taking over the debt ceiling. After all, there’s not much chance that the President would ever use the platinum coin option, because his budget policy direction of getting ever closer to a budget surplus, is best served by a “forced” compromise with the Republicans, that results in another few hundred billion in spending cuts for 2016, while allowing him to place the...

Our friends over at RETE in Italy have done it again! They have translated and posted Scott Fullwiler’s works on central banking operations into Italian. For our Italian speaking friends, you can now check out Scott’s translated posts here. [Translate]

NEP’s Bill Black and Wharton professor of legal studies and business ethics Peter Conti-Brown discuss the Bank of England’s move to re-regulate the banking industry in Britain and protect depositors and taxpayers. You can view the article and listen to the podcast here. [Translate]

By Michael Hoexter Part I | Part II  4. “We shouldn’t invest $4 to $6 Trillion per year more in federal dollars to save humanity because we already have carbon pricing instruments that are doing the job and are still under attack from opponents of climate action. We should stand by, applaud, and not “rock the boat” because serious climate policy makers are only talking about carbon pricing (cap and trade or carbon taxation) and not your full-scale mobilization proposal with its high price...

By Michael Hoexter Part I | Part II Summary:  Why We Should Recently New Economic Perspectives posted a three-part provisional US Climate Platform I have put together.  The US Climate Platform outlines why and how the US federal government should invest somewhere in the area of $4 trillion to $6 trillion per year on stabilizing the global climate, in addition to preparing the United States and other nations for the upcoming effects of our 200-year long fossil fuel binge.  The climate...

By J.D. ALT I’ve been continuing to work on the book I first proposed here at NEP last spring—The Millennials’ Money—and am getting close now to having it ready for publication. The aspect of it that was least successful (and there were several NEP comments to that effect) was the framing of the “ideology of money scarcity” as having evolved from the particularities of the baby-boomer’s generational experience. That was always a shaky and not-very-insightful argument—and I recently came to...

Advancing the Frontiers of Heterodox Economics: Essays in Honor of Frederic S. Lee Edited by Tae-Hee Jo and Zdravka Todorova Series in the Routledge Advances in Heterodox Economics ISBN: 978-0-415-73031-0 (hardback), 358 pages, $160. August 2015, Routledge. (20% Discount code: FLR40) For more information visit:http://www .taylorandfrancis.com/books/details/9780415730310 Contents Foreword by Sheila C. Dow Foreword by John F. Henry Introduction: Frederic S. Lee’s contributions to heterodox...

Video and article over at Kansas City’s KSHB highlighting NEP’s Randy Wray’s analysis of the problems with the European Monetary Union and his predictions that it would lead to the European crisis. You can view the video and read the article here. [Translate]

NEP’s Bill Black appears with Richard “RJ” Eskow on the Zero Hour discussing the DOJ’s change in stance regarding prosecuting elite white collar criminals. You can view the video below.  [embedded content] [Translate]