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

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

What Freedom?

Another Fourth of July has come and gone, and with it another bombastic celebration of freedom. Freedom is one of our most celebrated ideals, and for good reason. These days, though, it seems actual freedom is in fairly short supply; and, depending on who you ask, it can mean different things. Nathan Locke explores how the trappings of freedom have obscured the essence of it in this reflection.

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”.

The Financial War Against Universal Healthcare

Health insurance is the business that fuels campaigns as well as news media through massive network ad buys, seeping into nearly every level of our democratic process, affecting how and why decisions are made on Capitol Hill, the newsroom, and even at the local party level. So how can advocates of Medicare for All hope to prevail?

Republicans Against MMT Need To Take a Seat

A treatise, in answer to Katia Dmitrieva's Bloomberg article, on why the five Republicans against MMT need to take a seat, and why (AGAIN) we the People need to know how our economy really works.

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.

Sex, Celebrity and the Inconvenience of Poverty

As activists battle over women's right to autonomy and ending abortion via the “Heartbeat Bill’, there are millions of people being forgotten and much more at stake than meets the eye.

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

Neighbors Without Homes - Part Two

In Part One of Neighbors Without Homes, the final paragraph asked how can we make our planet better since we're all here together.  Consider what it would take to solve the issue of neighbors without homes. 

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.

No Justice, No Peace

Why do politicians and the elite peddle “sticker shock” at social programs – like a New Deal – yet not the same “sticker shock” at our bloated military costs?

Neighbors Without Homes - Part One

We're all connected.  No one is better than anyone else, so why do so many lack life's bare necessities?  Maybe everyone should think about our neighbors, even if they don't have homes.

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.

Hypocrisy and Deception for U.S. Venezuela Policy

U.S. policy towards Venezuela is deception and hypocrisy.

A Federally Guaranteed Job in the Hour of Kale

Give a man kale, and he will eat for a day. Give a man a job growing kale, and he will eat for a lifetime.

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

Tamny bandies about the discussion of resources as if MMT did not recognize the importance of the productive capacity of a nation. MMT clearly asserts that the real constraints of our economy are based on real resources.