Summary:
Grow the pie within public investment for public purpose rather than shrinking it through austerity or dividing the size of the pieces it differently through redistribution. Having your cake and eating it too. I would add that it is still necessary to address economic rent and its social and political effects. The reason this is so hard to do is that America is a plutocracy. The institutions are rigged. Bloomberg OpinionThe Wealthy Are Victims of Their Own Propaganda–To escape higher taxes, they must embrace deficits. Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
Grow the pie within public investment for public purpose rather than shrinking it through austerity or dividing the size of the pieces it differently through redistribution. Having your cake and eating it too. I would add that it is still necessary to address economic rent and its social and political effects. The reason this is so hard to do is that America is a plutocracy. The institutions are rigged. Bloomberg OpinionThe Wealthy Are Victims of Their Own Propaganda–To escape higher taxes, they must embrace deficits. Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
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Grow the pie within public investment for public purpose rather than shrinking it through austerity or dividing the size of the pieces it differently through redistribution. Having your cake and eating it too.
I would add that it is still necessary to address economic rent and its social and political effects. The reason this is so hard to do is that America is a plutocracy. The institutions are rigged.
The Wealthy Are Victims of Their Own Propaganda–To escape higher taxes, they must embrace deficits.
Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders