Modern Money Consensus
by Carlos García Hernández (originally published in Spanish in El Común) I was prompted to write this article by yet another sad fatality, the death of British economist John …
Modern Money Consensus Read MoreTag: MMT
Poverty and homelessness are failures of government, not individuals
‘People who don’t understand the capacities of a currency-issuing govt telling us we have no choice but to accept deaths in the community for the sake of the economy. Tell …
Poverty and homelessness are failures of government, not individuals Read MoreDealing with crucial issues must triumph over the bogus ‘need’ to balance the books.
“Our posturings, our imagined self-importance, the delusion that we have some privileged position in the Universe, are challenged by this point of pale light. Our planet is a lonely speck …
Dealing with crucial issues must triumph over the bogus ‘need’ to balance the books. Read MoreMore than tinkering around the edges is needed to bring about a better world
“I suppose there hasn’t been a single month since the war, in any trade you care to name, in which there weren’t more men than jobs. It’s brought a peculiar, …
More than tinkering around the edges is needed to bring about a better world Read MoreThe Concept of an Optimal Currency Area, and why the EU has failed to create it.
By Carlos García Hernández Article originally published in Spanish by El Común here. On the 4th of April Robert Mundell, the Canadian Nobel laureate in economics, died at the age …
The Concept of an Optimal Currency Area, and why the EU has failed to create it. Read MoreIs the forecast growth in consumer spending actually good news?
You cannot carry out fundamental change without a certain amount of madness. In this case, it comes from nonconformity, the courage to turn your back on the old formulas, the …
Is the forecast growth in consumer spending actually good news? Read MoreA just transition to a sustainable, fairer world. Not short-term fixes
‘The world was created with everything needed within it. Yet, mankind remains the biggest threat to its destruction.’ Oladosu Adenike – ecofeminist, climate justice activist and agricultural economist. In …
A just transition to a sustainable, fairer world. Not short-term fixes Read MoreTime to aim for better than “normal”
‘We are not defenders of the river. We are the river.’ Fisherman, Magdalena River, Colombia From Less is More by Jason Hickel Spring has arrived. After a long, arduous …
Time to aim for better than “normal” Read MoreHave we had enough of market-led dogma yet?
“OK…SO WHERE DOES THE FUNDING COME FROM?” It depends on what we are talking about. If we are talking about universal health care, a Job Guarantee, infrastructure work, etc., the …
Have we had enough of market-led dogma yet? Read MoreMoney for bombs, but not for people?
MMT is a description of the monetary system. It is not something you can “switch to”, “implement”, or “use”. It merely describes what already is. The description, once understood, implies …
Money for bombs, but not for people? Read More