The Leisure Agenda Details Policy for Overworked US Workers

The People’s Policy Project in collaboration with the Gravel Institute issued their first policy paper this week, “The Leisure Agenda,” which details the longer work hours and lost productivity American workers face from being overworked and paid less than peers in other countries. 

Bill Mitchell and Louisa Connors: Framing MMT Requires A Language Shift

A 2017 article by Louisa Connors and William Mitchell suggests that progressives need to change the way they talk about policy proposals to bring them in line with Modern Monetary Theory. Read on to learn the basics of their argument and why and how progressives should reframe this debate.

The Legal Nature of Money and the History of the Federal Reserve with Rohan Grey

Rohan Grey takes us from the origins of the US dollar through the history of American banking. In the process we get a fascinating look at the class struggle leading to the development of the Fed and persisting to this day. (Podcast)

White Paper: Modern Monetary Theory (MMT)

The purpose of this white paper is to publicly present the fundamentals of MMT. It is a work in progress.

Neoliberalism at Work through the Universal Basic Income

This simplistic, incorrect, and devastatingly neoliberal plan of instituting a Universal Basic Income will be the final blow against the public purpose and General Welfare Clause as well as an effective coup for the rightwing to establish cash payment as opposed to the services millions desperately need.

MMT isn't 'Close', it's 'Here'.

As soon as you read "MMT May One Day Be", you know the author either doesn't understand MMT, or doesn't want you to.

MMT Across the Pond with Patricia Pino

Patricia Pino, engineer, artist, activist and one of the hosts of The MMT Podcasts. Patricia’s focus to raise awareness, so that people are not fooled by the established economic narrative, led her to write articles for a small outlet for a couple of years explaining MMT.

The Changing Face of MMT

Look under all the filters for the real picture.

3rd International MMT Conference 2019

Announcing the 3rd International MMT Conference! This year's exciting agenda includes "MMT and the Green New Deal," "Money, Race and Civil Rights,"  "Digital Money and the Future" -- and so much more.

Propaganda, Revelations & Prosperity: The End of Neoliberalism with Scott Ferguson

In a favorite episode of Macro 'n Cheese podcast, Scott Ferguson brings vivid insights on neoliberalism and the ways in which it thoroughly permeates our culture.

What is the difference between Monetary Policy and Fiscal Policy – Part II

One issue that was not discussed in the previous article regarding fiscal policy relates to the timing of fiscal policy. Since Congress authorizes spending, a criticism of fiscal policy has been that it may not be quickly responsive to economic problems. However, this concern is ameliorated by the fact that we have implemented various policies that are designed to vary with economic conditions.

Are “Last Chance Agreements” Anything More Than An Employer Trick?!

The State of New York, where I live and operate a law office, is known as a “right to work” State. It is interesting to note how the powers-that-be flip terms on their head. A “right to work” State must mean that everyone is entitled to employment, right?! Well no...

Grumbine Dismantles the Neoliberal Patriarchy

What was supposed to be an informal debate on the program to discuss fiscal policy on a national level, quickly became a lecture as co-host, Joe Kernen, chose to belittle Dr. Kelton at every turn, going so far as to admit that he was, “mansplaining”.

MMT and Consciousness Evolution

Learn MMT and break free from the money matrix.

What is the difference between Monetary Policy and Fiscal Policy – Part I

What are monetary policy and fiscal policy, and how do they differ? In this multi-part series, we’ll define these two types of economic policy, and explain their implementation and efficacy. With a little history to provide context and help you understand not just what these policies are, but their impact on our lives, this series gives a deeper understanding of MMT, and economic policy in general!

The Irresistible Allure of Debunking MMT Hit Pieces: A Response to Peter Diekmeyer

So, tell me who has ALREADY made out big from MMT? Special interests. The big campaign donors. Decidedly NOT the people.

Neighbors Without Homes - Part Three

Are you willing to be open to ideas that could reshape your priorities? Reach for tools within your grasp.

MMT Detractors are the Ones Who are Flirting With Disaster

Do not forgive them, for they know just exactly what they do.

How to Spot a Neoliberal Using MMT

Modern Monetary Theory destroys cheap disguises.

What is the Difference Between Microeconomics and Macroeconomics?

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.

What Is Money?

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.

The Untold... of Money from Gold

A timeline of the monetization of our country; the impetus of the national debt, and how various state and federal banking systems, with Congress’ help, shaped our country’s economics through bank creations, conclusions, failures, and rebirths; from the founding of our nation, to the Nixon Shock ending the literal meaning of the national debt, and giving us what today is often called Modern Monetary Theory.

An Interview with Rohan Grey - Part 1

Orthodox economists do not examine how an economy operates instead using complex models making it inaccessible. Modern Monetary Theory examines the economy then simplifies it using clear language and the morality bias of law to describe MMT so everyone can understand macroeconomics.

Taxes

Short poem on taxes and MMT. Learn the truth!

Rent Control Fight Prompts Coalition Action in Illinois

“You can’t assume that because I have a ‘D’ behind my name I will just go along with it.” - Illinois State Representative Rita Mayfield

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.

The Mismeasure of Macro

Sloan strives for one more scare tactic. MMT will cause the United States to lose its reserve currency status and all the foreign bondholders will dump their treasury securities. This may sound scary to the average reader but those versed in bond markets will immediately see through the farce.

Modern Monetary Theory - A Presentation for the Lavender Greens

The only constraint on spending by the US federal government is resources. Or, as Dr. Stephanie (Bell) Kelton puts it, the federal government can buy every American a pony, if we breed enough ponies.