Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits. MMT expert and Bernie […]
Yesterday, The Washington Post introduced us to a sad new feature of its 2020 coverage, The Post 2020 Power Ranking. Karen Tumulty, the moderator, noted that her "pick for the most interesting candidate-to-be is Sen. Sherrod Brown (D-OH).
I wish that crazy Trump would just settle down and go spend his days playing golf again so AOC could get Congress working on a sensible agenda. You know who's work I'm really enjoying? Eric Levitz at New York Magazine. Once a poetry lecturer at Johns Hopkins, this guy has been writing excellent essays on the nexus of where politics meets the world of finance.
A few days ago, we saw how Ohio's top Republican donor, Leslie Wexner, has grown so fed up with the GOP-- primarily Trump but also the congressional enablers-- that all it took was hearing an Obama speech for him to quit the GOP!Yesterday Heather Long, in a report for the Washington Post,
A Washington Post headline-- The Deficit Hawks Are Dead-- And Few In Washington Muster Any Outrage-- points a finger at Washington's most dedicated Ayn Rand disciple, Speaker Ryan and his GOP zombies "who had, wrote Paul Kane, railed against deficits in the first years of the Obama administration pushed through a massive tax cut despite CBO projections of a surge in federal borrowing." But what the Post isn't counting
When Blue America endorses a candidate, there are several ways we can be helpful to their campaigns, the most obvious being to help them raise campaign funds by connecting them to small dollar campaign contributors. This cycle one of the most valuable other ways we've helped candidates is by connecting them to Stephanie Kelton, America's most brilliant economist. She has been very patient and very helpful with any candidate who wanted to take up he offer.
King of Diamonds by Nancy OhanianUniversity of Pennsylvania professor Diana Mutz published a study Monday that asserts that "Fear of losing their privileged status in America and the world motivated many 2016 voters, notably whites, men, and Christians.
There have been rumors circulating for months that one of the planks of Bernie's 2020 platform will be Job Guarantee. This week the Levy Institute at Bard College published a paper that could well be the intellectual underpining of that plank, Public Service Employment-- A Path To Full Employment by distinguished economists L. Randall Wray, Stephanie A.
We're trained in school to take whatever comes out of Brookings seriously, very seriously. That doesn't mean they always get it right though. Henry Aaron's piece Thursday, Tax and Spending Legislation Disarms Us Against Next Recession is... oldthink.
Yesterday, there was a trial balloon about decision to appoint deranged coke freak Larry Kudlow to replace Gary Cohn as Trump's chief economic advisor.
