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Last week, Jon Stewart recorded a podcast with the former President of the Federal Reserve Bank of Kansas City, Thomas Hoenig. The conversation drew a lot of attention on so-called “finance twitter” (#FinTwit), where lots of folks piled on to ridicule Hoenig for arguing that monetary policy has been a major driver of inequality over the last decade or so. But the part of the conversation that really went viral had to do with money—where it comes from—and government debt.…Stephanie Kelton and Rohan Grey comment on the podcast debate between Jon Stewart and Tom Hoenig. Applied MMT.The LensJon Stewart Is Not a MonkeyStephanie 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
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Last week, Jon Stewart recorded a podcast with the former President of the Federal Reserve Bank of Kansas City, Thomas Hoenig. The conversation drew a lot of attention on so-called “finance twitter” (#FinTwit), where lots of folks piled on to ridicule Hoenig for arguing that monetary policy has been a major driver of inequality over the last decade or so. But the part of the conversation that really went viral had to do with money—where it comes from—and government debt.…Stephanie Kelton and Rohan Grey comment on the podcast debate between Jon Stewart and Tom Hoenig. Applied MMT.The LensJon Stewart Is Not a MonkeyStephanie 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
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Mike Norman considers the following as important:
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Last week, Jon Stewart recorded a podcast with the former President of the Federal Reserve Bank of Kansas City, Thomas Hoenig. The conversation drew a lot of attention on so-called “finance twitter” (#FinTwit), where lots of folks piled on to ridicule Hoenig for arguing that monetary policy has been a major driver of inequality over the last decade or so. But the part of the conversation that really went viral had to do with money—where it comes from—and government debt.…
Stephanie Kelton and Rohan Grey comment on the podcast debate between Jon Stewart and Tom Hoenig. Applied MMT.
The Lens
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
https://stephaniekelton.substack.com/p/jon-stewart-is-not-a-monkey