by Summary:
Here’s the good news: Anything that is technically feasible is financially affordable. And it won’t be a drag on the economy ― unlike the climate crisis itself, which will cause tens of billions of dollars worth of damage to American homes, communities and infrastructure each year. A Green New Deal will actually help the economy by stimulating productivity, job growth and consumer spending, as government spending has often done. (You don’t have to go back to the original New Deal for evidence of that.)In fact, a Green New Deal can create good-paying jobs while redressing economic and environmental inequities. One policy vision, by the progressive think tank Data for Progress, is based on a foundation of equity and justice. It proposes a transition to a low-carbon economy using clean and
Topics:
Mike Norman considers the following as important: climate crisis, GND, Green New Deal, MMT
This could be interesting, too:
Here’s the good news: Anything that is technically feasible is financially affordable. And it won’t be a drag on the economy ― unlike the climate crisis itself, which will cause tens of billions of dollars worth of damage to American homes, communities and infrastructure each year. A Green New Deal will actually help the economy by stimulating productivity, job growth and consumer spending, as government spending has often done. (You don’t have to go back to the original New Deal for evidence of that.)In fact, a Green New Deal can create good-paying jobs while redressing economic and environmental inequities. One policy vision, by the progressive think tank Data for Progress, is based on a foundation of equity and justice. It proposes a transition to a low-carbon economy using clean and
Topics:
Mike Norman considers the following as important: climate crisis, GND, Green New Deal, MMT
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
Here’s the good news: Anything that is technically feasible is financially affordable. And it won’t be a drag on the economy ― unlike the climate crisis itself, which will cause tens of billions of dollars worth of damage to American homes, communities and infrastructure each year. A Green New Deal will actually help the economy by stimulating productivity, job growth and consumer spending, as government spending has often done. (You don’t have to go back to the original New Deal for evidence of that.)
In fact, a Green New Deal can create good-paying jobs while redressing economic and environmental inequities. One policy vision, by the progressive think tank Data for Progress, is based on a foundation of equity and justice. It proposes a transition to a low-carbon economy using clean and renewable energy, the restoration of forests and wetlands, and the build-up of resilience in both rural and urban communities....
Once we understand that money is a legal and social tool, no longer beholden to the false scarcity of the gold standard, we can focus on what matters most: the best use of natural and human resources to meet current social needs and to sustainably increase our productive capacity to improve living standards for future generations....The greatest burden we are passing on to future generations is not the debt but our failure to respond to the climate crisis. We must move beyond the fatalism about paying for a Green New Deal so we can get to the conversation that matters most: How can a Green New Deal protect our finite natural resources, end the climate crisis and build the 21st century economy that works for everyone?Huffington Post
That’s the only conversation the American people should be willing to have....
We Can Pay For A Green New Deal
Stephanie Kelton, Andres Bernal, and Greg Carlock, Guest Writers