Stephanie Kelton

-by Geoff Coventry The Emergence of Modern Money Theory (MMT)There is a profound shift going on in the arena of economics. It will have a significant impact across a whole spectrum of society as it takes root. A fresh perspective on the role of our nation’s currency is set to reshape public policy and government budget debates. If you are not yet familiar with Modern Money Theory (MMT), it is time you get up to speed. A good place to start is with the work of Stephanie Kelton.

Yesterday, Bernie penned an OpEd for The Guardian, Let’s Wrench Power Back From The Billionaires. I wonder if he offered it to the NY Times, the Washington Post, Wall Street Journal and USA Today first.

Who on God’s earth would have ever expected NY Times in-house conservative Ross Douthat to champion the most cutting edge of Bernie’s economic policies? But in an OpEd over the weekend, Confessions Of A Columnist, that’s exactly where he went!

In early October one of the brightest economists in the country, Stephanie Kelton-- who had served as the Democrats’ chief economist on the Senate Budget Committee and as Bernie’s chief economics adviser during his presidential campaign-- penned an especially instructive OpEd for the NY Times, How We Think About the Deficit Is Mostly Wrong. At the time, it helped open the eyes of dozens of members of Congress and congressional staffers.

This has been circulating in Nashville's music community this week and, at first, I was surprised to see the progenitor was-- at least inspirationally-- Warren Buffet, rather than Jimmy Buffett. "Let's see," it begins, "if these idiots understand what people pressure is all about."

Yesterday on Face the Nation Bernie made a boo-boo, fallng into an old neo-liberal trap while discussing the GOP Tax Scam.

Right-wing Democrat-turned-Republican Artur Davis was originally put into office with AIPAC money after his predecessor, Earl Hilliard, got a little too uppity for about the Palestinians. He represented a super blue Alabama district from 2003 'til 2011 when he ran for governor and was badly defeated in the primary, even in the bluest parts of his own district.

What rebellion looks like in Trump Country, and why people choose selling Oxy over flipping burgers (Spencer Platt/Getty Images; source)by Gaius PubliusThe good wages that my father and grandfather fought to win are gone.