Do not forgive them, for they know just exactly what they do.
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.
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.
This is the real “joke that’s not funny.” MMT is no joke - but how it is currently being abused is. A progressive application of MMT (again, not MMT itself) merely seeks to shift that 'socialism' MLK mentioned away from imperialist behavior and toward our own countrypeople.
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.
Steven Grumbine interviews Professor Bill Mitchell about the “Theory” in Modern Monetary Theory, once again demonstrating that the two of them can make even complicated economic concepts accessible to the layperson.
This analysis of the pathophysiology of the taxation system informs the four taxation proposals presented here, which are crafted on the observed mechanics of the US monetary system as described in MMT.
"As far as what specifically would happen if the world stopped using the United States dollar for oil? The answer is, “Very little.””
You must be diligent in order to get the message out about #MMT
My purpose here is to spur the development and refinement of the conversation already going on about how to better disseminate knowledge and acceptance of MMT.
While Flint’s problems surely run deeper than its lack of local tax revenue, it’s difficult to overstate what a substantial injection of capital could do for the city. The question: where does Flint “find” the money? Enter Modern Monetary Theory.