Peter Cooper — Unfulfilled Potential

Summary:
... a government’s monetary sovereignty creates a potential for meaningful social progress. But it is only a potential, and can only be fulfilled through genuine democracy conducted by an informed citizenry. Right now, it is perhaps fair to say that an informed citizenry and, as a consequence, genuine democracy, are almost entirely lacking in the specific area of macroeconomics. At minimum, an informed citizenry would understand that, due to monetary sovereignty:If we can do it, we can afford it.... heteconomistUnfulfilled PotentialPeter Cooper

Topics:
Mike Norman considers the following as important: currency sovereignty, democracy, fiscal policy, policy space

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