In a very real sense, the roaring twenties was started by world war I, which started an economic boom for the United States.

Yet these economic ideas are still used as the basis for public policy. This blog post identifies some and clarifies how we know

Yet these economic ideas are still used as the basis for public policy. This blog post identifies some and clarifies how we know

Let me open by saying that it is very recently that I’ve learned anything about Marxist economic theory, but what little I’ve learned

Dr. Stephanie Kelton is a professor of economics and public policy at Stony Brook University. She is the author of the bestseller The

Dr. Steven Hail is an adjunct associate professor at Torrens University Australia. This blog post is a summary of two videos (a part

Nomi Prins was a Wall St banker, who after 9/11 reassessed her life choices and became somewhat of a traitor to her tribe

While my next sentence might seem petty, I do feel it’s appropriate for me to reveal that for some reason I can’t quite

This post is a summary of a YouTube video where L Randall Wray is discussing (explaining may be more accurate) that from the

This blog post is a summary (of sorts) of a podcast episode: Macro and Cheese Episode 42 – Repo Mania: Has The Fed

I keep bumping into this idea online. Here are four articles making this claim What specific claims do they make? We know what

A little background information on this US treasury auctions explainer video This is a goofy little video published to YouTube six years ago

CAN inflation be good? First, let’s compare common definitions of what inflation is. Definitions Investopedia Inflation is the decline of purchasing power of a given

In the neoclassical and Austrian schools of economic thought, government intervention in free markets distorts the “invisible hand” and leads to problems. To

What is value? How do economists define it? What Adam Smith said The value of any commodity, therefore, to the person who possesses

This interview I’m sharing occurred during the annual meeting of the World Economic Forum in Davos Switzerland in 2013, about five years after

This blog post is a summary of an interview where Professor Michael Mainelli, the Executive Chairman of the Z/Yen Group interviewed Warren Mosler

The video below is an interview with Rana Foroohar, being interviewed by Bob Herbert on Op-Ed TV. She makes an incredibly clear statement

When Congress directs the US treasury to do something that requires new US dollars to be created, what is the process of that

A nations wealth: Summary (as in, not a word for word transcript) “Mark Twain said sometimes it’s easier to fool people than to

Someone shared the tweet thread below with me on either Facebook or Twitter (can’t remember) and it’s EXCELLENT. So I’ve recreated it here,

This is really a question or inquiry from me. I’m not an economist. Both of these terms are fairly new to me. Economic

I listened to an interview of Warren Mosler by Bob Murphy, for episode 18 of The Bob Murphy Show podcast. If you wish

Medicare for all is one of the hot button political issues of our time. Americans spent A LOT for healthcare As measured in

But, currency issuer government deficit spending only To be clear, this applies to currency issuing governments ONLY. In the US, this is true

Says who? What absolute idiots would ever say something so stupid? Alan Greenspan, former Chairman of the Federal Reserve “There is nothing to

Today, the phrase free market is generally used to mean free of government intervention. Yet, many economists and students of economics claim that

Is the US government broke? For real? Actually no, the US government is not, and can not, go broke Consider that the US

The short answer is the “pay for ” mechanism of the US government is through a Congressional appropriation. WTF? They just vote US

In his seminal work The Wealth of Nation, Adam Smith told a story of how barter is inefficient, could only occur when there

Has it occurred to you while we do ask how we will pay for the Green New Deal, there are some things for

The video below is of a man named Warren Mosler explaining how job training is not enough to reduce unemployment. He uses the

There is a common narrative in our culture that high marginal income tax rates are bad for the economy. People who are incredibly