by Summary:
On the Washington Consensus as foreign policy based on neoliberal economic policy, which became the basis for Post WW II neo-imperialism and neocolonialism. That policy was subsequently adopted domestically, making neoliberalism a global phenomenon that still infects the world system negatively, resulting in growing income and wealth inequality.The way to combat this pernicious framework lies through applying an MMT-based lens to reframe the assumptions, eliminating the false and replacing them with the true in order to eliminate the inherent bias of current economic policy by changing the models on which it is based.The Gower Initiative for Modern Money StudiesModern Money ConsensusCarlos García Hernández (originally published in Spanish in El Común)See alsoThe Enlightened
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On the Washington Consensus as foreign policy based on neoliberal economic policy, which became the basis for Post WW II neo-imperialism and neocolonialism. That policy was subsequently adopted domestically, making neoliberalism a global phenomenon that still infects the world system negatively, resulting in growing income and wealth inequality.On the Washington Consensus as foreign policy based on neoliberal economic policy, which became the basis for Post WW II neo-imperialism and neocolonialism. That policy was subsequently adopted domestically, making neoliberalism a global phenomenon that still infects the world system negatively, resulting in growing income and wealth inequality.The way to combat this pernicious framework lies through applying an MMT-based lens to reframe the assumptions, eliminating the false and replacing them with the true in order to eliminate the inherent bias of current economic policy by changing the models on which it is based.The Gower Initiative for Modern Money StudiesModern Money ConsensusCarlos García Hernández (originally published in Spanish in El Común)See alsoThe Enlightened
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The way to combat this pernicious framework lies through applying an MMT-based lens to reframe the assumptions, eliminating the false and replacing them with the true in order to eliminate the inherent bias of current economic policy by changing the models on which it is based.
The Gower Initiative for Modern Money Studies
Modern Money Consensus
Carlos García Hernández
(originally published in Spanish in El Común)
See also
Humanomics – yes please
Diane Coyle | freelance economist and a former advisor to the UK Treasury. She is a member of the UK Competition Commission and is acting Chairman of the BBC Trust, the governing body of the British Broadcasting Corporation
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