Reality Check Plus
After reviewing the terrible state of our economy and the need to reconstruct it so that people can find work and a vibrant middle class can be rebuilt, Bob Borosage suggests that Congress go back to...
View ArticleInflation-Adjusted Bonds? You Must Be Kidding, Paul
Paul Krugman got a lot of attention among leftward tweeters today for following Glenn Greenwald down the road of writing about the de-evolution of the United States into a de-developed nation, because...
View ArticleEzra Looks Over There At the Debt-to-GDP Ratio
Ezra Klein did a piece yesterday offering the conventional deficit dove position on deficits and debt. Here’s a commentary on it. Gallup’s survey of voter preferences for closing the entitlement gap is...
View ArticleTrouble Is When We Take the Truth Off the Table
Arianna Huffington is calling attention to “the great budget battle of 2011,” between the President and the Republicans. She correctly points out that whichever of the two sides win, we, the people,...
View ArticlePaul Takes Another Swipe at MMT
The Modern Monetary Theory (MMT) approach to economics must be starting to make some waves, because today, Paul Krugman, followed his earlier attack on it and his debate with Jamie Galbraith and others...
View ArticleWhy Do “They” Want To Limit Our Sovereignty In Our Own Currency?
One of the most emotional issues in American politics is the sovereignty of the United States itself, and its independence from foreign powers, interests, other nations and their ruling elites, and...
View ArticleWaPo Covers MMT, But Does Its Usual Bad Job: Part One, Some Basics and Solvency
It was very welcome to see The Washington Post cover MMT with a reasonably favorable post by Dylan Matthews, published on Ezra Klein’s blog called “You know the deficit hawks. Now meet the deficit...
View ArticleWaPo Covers MMT, But Does Its Usual Bad Job: Part Two, Inflation/Hyperinflation
This post continues the critical evaluation of Dylan Matthews’s, post published on Ezra Klein’s blog called “You know the deficit hawks. Now meet the deficit owls.” The Inflation/Hyperinflation...
View ArticleWaPo Covers MMT, But Does Its Usual Bad Job: Part Three, Banking, and Default...
This post continues my critical evaluation of Dylan Matthews’s, post published on Ezra Klein’s blog called “You know the deficit hawks. Now meet the deficit owls.” Other Issues Here’s the next exchange...
View ArticleWaPo Covers MMT, But Does Its Usual Bad Job: Part Four, The MMT Victory
This post concludes my critical evaluation of Dylan Matthews’s, post published on Ezra Klein’s blog called “You know the deficit hawks. Now meet the deficit owls.” Dylan’s post is in some ways typical...
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