There’s a myth in the USA that just won’t go away. It’s this idea that a household balance sheet is somehow comparable to that of the federal government’s. Few myths …

As many of you now know, the divide within some of the MMT thinkers has grown fairly substantial.  The schism over the Job Guarantee revealed several points of disagreement that …

There’s been a raging debate among mainstream economists over the last few weeks regarding government debt and whether it matters or not….

What a year 2011 was! I never thought I would enjoy writing and all of the benefits from it as much as I have. I’ve learned so much from the readers and the experience. I’m really grateful to have built what I believe is a place where I can interact and exchange ideas with a group of truly intelligent and caring people. So thanks.

It’s that time of year when investors are prepping for the new year and economists and advisors are offering their full year perspectives.  I tend to think that full year …

John Carney has written a series of excellent articles pertaining to Modern Monetary Theory and why he believes there are many similarities between Austrian economics and MMT.

We all deserve a good model.

“NO, ENTREPRENEURS AND INVESTORS DON’T CREATE JOBS” – Henry Blodget, Founder of Business Insider

It takes two to tango.

Warren Mosler joined Peter Schiff’s radio show this morning to discuss Modern Monetary Theory (MMT) and his outlook for the economy.  I have to admit that I was disappointed in …