Stephanie Kelton is a leading American economist and a professor of public policy and Economics at Stony Brook University. Kelton was chief economist on the US Senate Budget Committee and economic adviser to the Bernie Sanders 2016 presidential campaign. She's most known for being a pioneer of Modern Monetary Theory (MMT). In this episode, Professor Kelton debunks budget deficit and government spending myths, and explains why understanding how our monetary system works is crucial to making...
Read More »Alasdair Wilkins — Expert [L. Randall Wray] Says Trump’s State of the Union Infrastructure Plans Don’t Add Up
Interview with Randy Wray.Inverse InnovationExpert [L. Randall Wray] Says Trump's State of the Union Infrastructure Plans Don't Add Up Alasdair Wilkins
Read More »Stephanie Kelton and Randall Wray — Answers from the MMTers
A few days ago, Jared Bernstein posed some Questions for the MMTers in order to gain a “better understanding [of our] arguments.” We appreciate his interest in our ideas and, especially, his direct appeal for clarification of our views. He raised four big questions, which our Australian counterpart, Bill Mitchell, has already answered in his own three-part series. What follows is a response from two North American MMTers. New Economic PerspectivesAnswers from the MMTers Stephanie Kelton...
Read More »Michael Stephens — Watch Live: A New New Deal and the Job Guarantee
Today at the New School, L. Randall Wray and Stephanie Kelton take part in a public workshop organized by the National Jobs for All Coalition that is focused on developing a “A New ‘New Deal’ for NYC and the USA.... Multiplier EffectWatch Live: A New New Deal and the Job GuaranteeMichael Stephens
Read More »David Nicklaus — China’s worry about ‘Minsky moment’ may be a good sign
Randy Wray gets a mention.St. Louts Post-DispatchNicklaus: China's worry about 'Minsky moment' may be a good sign David Nicklaus, business columnist for the St. Louis Post-Dispatch.
Read More »JP Koning — An example of tax-driven money during the greenback era
Some interesting history.MoneynessAn example of tax-driven money during the greenback eraJP Koning
Read More »Peter Cooper — Mitchell, Wray and Watts on Teaching Modern Monetary Theory
The video below is of a three-part presentation by Bill Mitchell, L. Randall Wray and Martin Watts concerning their forthcoming MMT textbook. Throughout the presentation and in the Q&A session that follows there are interesting observations on the current state of university economics and prospects for MMT and the economics discipline in general. The presentation was given at the First International Conference on Modern Monetary Theory…. heteconomistMitchell, Wray and Watts on Teaching...
Read More »Bill Mitchell — Paradigm shift – not from the CORE Econ Project – as mainstream as you will get
Next Friday (September 22, 2017), I will be presenting at a panel on developments associated with the proposed MMT University and our new MMT Macroeconomics textbook, which will be published by Macmillan in April 2018. The panel will present during the First International MMT Conference, to be held in Kansas City. In part, my contribution will be to discuss the general pedagogical concerns that we (Randy Wray, Martin Watts and myself) had as we wrote the textbook over what turned out to be...
Read More »Event: Strategizing a New New Deal
If you’re in the vicinity of New York City at the end of October, Levy scholars Randall Wray and Stephanie Kelton are taking part in a public meeting organized by the National Jobs for All Coalition. The meeting is part of a series of public events focused on the legacy of New Deal.... Multiplier Effect Event: Strategizing a New New DealMichael Stephens
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