critical realism Archives - The Gower Initiative for Modern Money Studies

Phil Armstrong Published online 26th December 2018 Full Article Abstract Orthodox or neo-classical economics failed to predict the global financial crisis (GFC) or even allow for the possibility of such …

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Nathan FOIA Tankus @nathantankus ·

19 Nov

FINALLY its here: the (searchable!) database of nearly 30,000 pages of Federal Reserve Board meeting minutes I got through FOIA. As I've already started to write about, they significantly rewrite Federal Reserve history.

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Nathan FOIA Tankus @nathantankus ·

19 Nov

This kind of work takes a lot of effort & I am fundamentally opposed to paywalling what I get through FOIA, which is a law meant to benefit the public. So please take a paid subscription out even though I'm not forcing you to pay to access what I unearth

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Steve Hall @profhall1955 ·

17 Nov

Milei's extreme libertarian reforms have plunged Argentina into 53% poverty, 18% below the food line. Import reforms will lower prices but bankrupt production. Who's happy? Bondholders, shareholders and global traders. We either crush the Chicago Boys or societies disintegrate.

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Douglas @mmtmacrotrader ·

17 Nov

Bitcoin returns, like almost every other asset, are highly dependent on fiscal flows and deficit spending.

Keep that in mind as we see the battle play out between spending cuts and tax cuts.