What is the Difference Between Microeconomics and Macroeconomics?

If you have never had a course in economics, congratulations!  You just may have saved yourself a lot of confusion, and loss in grade points.  However, you may feel a lack of some understanding of ongoing events, and how those events have affected your life.  Real Progressives is about gaining knowledge in the important area of economics so that we can protect ourselves within a system that uses our lack of wisdom against us in numerous ways.  This article will start with the most basic concepts within economics in order to start you on the path to attaining that wisdom.

What Is Money?

What is money? Money is a tool we use to allocate resources in a society. Money serves multiple purposes, but from the perspective of government, which is the issuer of money, the purpose is to provide for the needs of government. Money is both a type of currency and a measure of value. There are no “natural” forms of currency (money things), including silver or gold. Any object can serve as a form of money, from rocks and sticks to cigarettes and gum, or from paper bills and coins to electronic records and coupons. What lies beyond the currency is the willingness of others to accept that form of currency.

What is Economics?

Economics is the study of how societies allocate limited resources (such as land, water, human labor, or machinery) among the wants of those societies, recognizing that wants are seemingly unlimited.

Savage Joy Meets Her Mate!

Joy welcomes journalist par excellence Aaron Mate to discuss his take on a variety of issues.

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

MMT is now being criticized by economic pundits, particularly from conservative think tanks.  This commentary is a rebuttal to one such article.

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

MMT is now being criticized by economic pundits, particularly from conservative think tanks.  This commentary is a rebuttal to one such article.

The Many Market Failures of Health Care

Market failures abound in this sector, and honest assessments recognize their existence.

Savage Joy Interviews Sarah Smith, Candidate For US Congress Dist 9 WA

Joy and Sarah discuss the slate of strong progressive candidates currently running, and the prospects for 2020.

Steven Grumbine Interviews Steven Hail, Australian Economist

Steve and Steven discuss what the prospects are for a viable economic system with a 40 percent reduction by 2030 and no new emissions by 2050.

Savage Joy Interviews Zak Ringelstein, Candidate for US Senate

Joy gets to interview her most requested guest, Zak Ringelstein, a Maine public school teacher running for the U.S. Senate.  Having had the opportunity to see political and corporate leaders through his work in education policy, Zak understands how little the citizens’ interests are represented at the highest levels of power.  This will be the first election with ranked choice voting, which was implemented in Maine through activism and popular support, despite the obstructions of elected state officials.

Savage Joy Interviews Brian Abrahamson

Joy again chats with Brian Abrahamson, an independent candidate for the Minnesota State House, District 22A. Brian ran as a Democrat in the primary, but was yet another victim of suspicious activity, coming in second. This time, Brian is running as an Independent. Not surprisingly, he again had pushback from the established parties, and Brian was shut out of debates with the other candidates.

Savage Joy Interviews Maria Estrada, California Assembly Candidate 63rd District

Joy welcomes Maria Estrada, who is running for the California state assembly to represent the 63rd district, currently represented by Anthony Rendon, Speaker of the Assembly.  Maria describes the resistance to her campaign by establishment politicians, who went as far as canceling community events rather than allowing her to make an appearance.  Despite such resistance, Maria gets her energy and drive from her supporters, who are actively spreading the word about her campaign.  

Geoff Ginter Interviews Pavlina Tcherneva at the 2nd Annual MMT Conference

At the Second Modern Monetary Conference, Real Progressive’s Geoff Ginter has a brief chat with “Goddess of the Job Guarantee” Dr. Pavlina Tcherneva. Dr. Tcherneva describes her experience with and observations of a jobs guarantee program in Argentina. She talks about the impact of this program on various types of communities, the kinds of jobs created, who benefitted, and how one community shed its image as the ''Hidden City'.

Savage Joy Interviews Tim Canova for Her 1 Year Anniversary

Savage Joy celebrates by interviewing the man who was also her first guest, Tim Canova!