MMT in Washington Post

Modern Monetary Theory, an unconventional take on economic strategy By Dylan Matthews February 18 (Bloomberg) — About 11 years ago, James K. “Jamie” Galbraith recalls, hundreds of his fellow economists laughed at him. To his face. In the White House. … Continue reading

Michael Bloomberg: Best Economic Stimulus is Now Fiscal Responsibility

So much for his legacy… Mayor Bloomberg Outlines Specific Actions For Super Committee By Michael Bloomberg November 8 (Moment of Truth Project) — Mayor: Best Economic Stimulus is Now Fiscal Responsibility – Super Committee Must Break Partisan Deadlock and Take … Continue reading

ECB’s Stark: US Has an ‘Enormous’ Debt Problem

So much for Jeurgen’s legacy: US Has an ‘Enormous’ Debt Problem: ECB Official September 1 (CNBC) — A debt crisis is still gripping the developed world, European Central Bank policymaker Juergen Stark said, adding there was no alternative but for … Continue reading

A few Boehnalities and other notables on the US going broke

Cross currents of right and wrong but always for the wrong reasons. Bonds Show Why Boehner Saying We’re Broke Is Figure of Speech By David J. Lynch March 7 (Bloomberg) — House Speaker John Boehner routinely offers this diagnosis of … Continue reading