by It is an act of criminal malfeasance that the United States’ federal government has not eased the tremendous fiscal pressure on states and municipalities, enabling them to prioritize public health and long-term economic wealth over immediate maintenance of tax revenue. Misgovernance of the United States presently rises to the level of war crime (and that is not just Donald Trump). A recent article by Rohan Grey, aptly titled Monetary Resilience, highlights one way this national misgovernance might be circumvented. Municipalities could issue complementary currencies:... Rohan Grey is an MMT lawyer.What is an MMT lawyer, you ask. A lawyer that understands the institutional aspect of "money," which is as much as legal concept as an economic one, if not more.A number of legal experts are
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It is an act of criminal malfeasance that the United States’ federal government has not eased the tremendous fiscal pressure on states and municipalities, enabling them to prioritize public health and long-term economic wealth over immediate maintenance of tax revenue. Misgovernance of the United States presently rises to the level of war crime (and that is not just Donald Trump).
A recent article by Rohan Grey, aptly titled Monetary Resilience, highlights one way this national misgovernance might be circumvented. Municipalities could issue complementary currencies:...Rohan Grey is an MMT lawyer.
What is an MMT lawyer, you ask. A lawyer that understands the institutional aspect of "money," which is as much as legal concept as an economic one, if not more.
A number of legal experts are now interested in MMT and involved in what has become the "MMT project" from an institutional and policy perspective in addition to an economic and financial one.
Lawyers Ellen Brown and Carlos (beowulf) Mucha were instrumental in the platinum coin proposal going viral, for instance.
Interfluidity
Complementary currencies for municipal finance
Steve Randy Waldman