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Tag: Modern Monetary Theory

Krugman, Helicopters, and Consolidation – New Economic Perspectives

Paul Krugman has a new post that explains why the debate over money- vs. bond-financing of government deficits is really much ado about nothing. In it, he essentially echoes longstanding MMT-core principles, as we will show below. Indeed, MMT blogs have written as much many times previously (for example, see here, here, here, and here).

Robert Reich has a Good Heart but an Inadequate Grasp of Economics – William K. Black

Robert Reich has a Good Heart but an Inadequate Grasp of Economics

By William K. Black (Cross posted from Benzinga.com) Robert Reich has written a column entitled “Why this is the Worst Recovery on Record.”  It’s an odd title because the article makes no reference to this being “the worst recovery on … Continue reading

Robert Reich has a Good Heart but an Inadequate Grasp of Economics