Apolitical Descriptive Currency Analysis is Anything but Flamboyant…… in response to John Tamny

There have been quite a few hit pieces written on MMT aka Modern Monetary Theory in recent months. I assume much of this has to do with the meteoric rise of freshman Congresswoman Alexandria Ocasio Cortez and her connection to MMT economists such as Stephanie Kelton and Pavlina Tcherneva. There are people amongst us that have either a philosophical or opportunistic need to stop the momentum that MMT has picked up in recent years. I recently read a truly egregious article by John Tamny published the 27th of January in Forbes titled, The Flamboyant Absurdity of 'Modern Monetary Theory'.

MMT Is No Joke - The Joke is How It’s Used

Bloomberg published an article by Michael Strain (director of economic policy studies at the American Enterprise Institute, a conservative think-tank) on January 17 entitled "Modern Monetary Theory is a Joke That's Not Funny." As a convert from the "tax-and-spend" theory to MMT (Modern Monetary Theory), I believe there are some major misunderstandings in this article that deserve correction and deeper examination.

Real Progressives Behind the Scenes

We have had meetings now for months, and every week we would report progress and occasionally mention the bigger picture.  This time I asked each member to flip it around and make their focus the bigger picture.

But what can I actually do about election justice?

Cheerleading progressive favorites isn't enough to save the world, and neither is proclaiming that the system is hopelessly corrupt. Here are some things we can actually do and spread the word about to pave the way for better candidates and better policy in the future.

#NewDealOrNoDeal

A comprehensive but time sensitive solution to head off oligarchy and plainly resolve the absurdity regarding the heinous Citizens United/ McCutcheon decisions. It's a viable plan to repair our campaign finance issues so we can get necessary representation, then resolve our economy so we can use it.

Why Modern Monetary Theory is a Serious Idea for a Serious Time: A Response to James Pethokoukis

Understanding how our economic system really operates can give us insight into how we turned ideas into a prosperous reality in the past, and how we can do so again in the future.  MMT is an area of economic study which looks at the overall economy rather than particular segments of the economy.  MMT has been in the news lately, having been thrust into the limelight by the 2016 U.S. Presidential candidacy of Bernie Sanders, and the recent election of Alexandria Ocasio-Cortez to Congress.  MMT is now being criticized by economic pundits, particularly from conservative think tanks.  This commentary is a rebuttal to one such article.

Free Assange, Free My Job

Italian investigative journalist, Paolo Barnard, begins protesting for Julian Assange's freedom in front of the embassy of Ecuador, in London. On his website, we can read:

Italian Yellow Vests wants MMT

The movement of the Yellow Vests in Italy has officially adopted an MMT program.

Understanding MMT is Easier Than You Think

It's not 'advanced economics', it's 'realistic economics'.

Our Hearts Are Full

Too full for the powerful, not enough for the downtrodden.

The Name 'Progressive' - Its Proponents, Would-Be Usurpers, & Wannabe Exploiters

An examination of the several camps calling themselves "Progressive" in the US today, with a discussion of the hsitory involved in how they came to be and the distinctions between them.

A Federal Jobs Guarantee is Crucial For Progressive Policies

Having a FJG waiting in the wings for people who are impacted by any of these disruptions in our economy, however well-intended, is crucial.

They Are Competition, Not Opposition

Republicans and Democrats aren't actually fighting each other, they are fighting for the same dollars!

We Want Rakes

To clean up the mess created in Washington by Austerity.

The 40 Year Slide

For 40 plus years, the neoliberal era has reigned. During that time, people have had little by way of resistance from the lies, deceit and self imposed prisons of ineffectual domestic governance and austerity. The lies were baked into the school system, newspapers, sit coms, political debates even cartoons took the ideas of neoliberalism into the hearts and minds of our children...the people.

The Abuse of Ruth

Liberals shouldn't force a justice to do the job they should do themselves.

Managed Expectations

Remember when Martin Luther King Jr. urged the disenfranchised, 15% of the population, to relax and leave their aspirations for equality in the hands of the Democratic party leaders?  Remember the speech he gave at Hunter College on Human Rights day? Remember the line, “Let my people go, but only a few at a time because covering all at once is too idealistic and impractical? Neither does anyone else. It was all or nothing and it was already 178 years overdue.

Be Careful What You Clap For

All wins aren't actually wins for progressives, especially when policy isn't the most important thing involved.

Onward Christian Soldiers

Something is stirring in the “Heartland”. Perhaps the finger of God. A Christian movement is taking place and growing. A rallying of Christian soldiers marching as to war. To be clear, the intent is spiritual. A pacifist movement. It’s focus is on re-establishing the basics of that great Religion. Not with swords but with a plowshare and seeds of faith and hope. This is not a tent revival stuffed with emotional sermons. These are true believers, Invested in the concept that God’s message is best conveyed through peace and example. Walking the walk, they are instruments displaying to the world the power of faith, not only in the Almighty but in the values which shaped America.

Wednesday November 7 --- And What Comes Next

Here we are. And, though disappointed, I'm not necessarily surprised. Why you ask? Well, it's not altogether different from 2016. And in some ways similar to other elections as far back as 2000.

Democrats, Did It?

Well, the Democrats pulled off the impossible: they managed to win back the House. A feat accomplished against the underwhelming odds of this normally happening. Since 1960, the average loss for a sitting President’s party is twenty-two seats. Sometimes that tips it. Sometimes it doesn't. We now have a blue puddle lying on the floor of Congress. I have a feeling it’s going to rest on this win and just lay there cranking out prewritten legislation full of poison pills to create the appearance of activity. Someone, please stand at the ready to call Anthony Weiner for a clean up on aisle left.

Blue Wave 2018?

The election results from last night were somewhat startling: Democrats took the House while the GOP strengthened their lead in the Senate and held onto key governorships. I believe that much of the inconsistencies result from the divided nature of our nation.