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[22 Feb 2012 | 218 Comments | ]
CAPITALISM MAKES SOCIALISM ACCEPTABLE

The MMR conversation on savings and investment has now raged to over 600 comments.  It would be an understatement to say that the conversation has been illuminating.  To me, one …

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[21 Feb 2012 | 61 Comments | ]
WHAT IS THE TRUE GOAL OF A MODERN SOCIETY?

One of the primary topics of debate that has arisen in recent months is the general goal of modern macroeconomics and society as a whole.  The so-called “holy grail” of …

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[10 Feb 2012 | 94 Comments | ]
WARREN BUFFETT: WHY GOLD IS A LOSING LONG-TERM BET….

Warren Buffett is out with a very good piece in Fortune that describes why he believes gold could be a bubble.  This is a controversial call, but I think his …

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[30 Jan 2012 | 180 Comments | ]
THE MOST DESTRUCTIVE MONETARY MYTH IN THE USA…

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 …

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[25 Jan 2012 | 214 Comments | ]
MODERN MONETARY REALISM

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 …

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[23 Jan 2012 | 174 Comments | ]
DEBT MATTERS!

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

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[6 Jan 2012 | 111 Comments | ]
2011 – THE BEST OF PRAGMATIC CAPITALISM

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.

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[2 Jan 2012 | 20 Comments | ]
THE ULTIMATE 2012 INVESTMENT PREDICTIONS & OUTLOOKS LIST

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 …

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[28 Dec 2011 | 341 Comments | ]
THE FUNDAMENTAL DIFFERENCE BETWEEN AUSTRIANS AND MMT’ERS

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.

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[16 Dec 2011 | 169 Comments | ]
INFLATION PREDICTIONS AND BROKEN MODELS

We all deserve a good model.