Let us keep to the path to nowhere
1.18.2013 2 Comments
Hope is given for the sake of the hopeless
1.18.2013 2 Comments
Filed under News Tagged with Austerity Politics, Chartalism, Class Conflict, Debt Limit, Debt Peonage, Department of the Treasury, Economic Predation, Fiat Money, Money Illusion, Neoliberalism, Party Duopoly, Platinum Coin, Platinum Coin Seigniorage, Politics, Rule by Law, Rule of Law, Sound Money Quackery, Tom Tomorrow
10.5.2012 Leave a comment
L. Randall Wray, a heterodox economist and proponent of Modern Monetary Theory who teaches economics at the University of Missouri at Kansas City, wrote an amusing account of a central banker get together in Argentina. I have reprinted in full to motivate those who read it to travel to Wray’s blog, where the original can be found and which contains much else of political and social interest. The full text can be found below the break.
Filed under News Tagged with Argentina, Ben Bernanke, Central bank, Central Bank of Argentina, Chartalism, Christine Lagarde, Economic Heterodoxy, Economic Orthodoxy, Economic Predation, Fiat Money, L Randall Wray, Mercedes Marcó del Pont, Modern Monetary Theory, Neoliberalism, Post-Keynesian Economics, State Sovereignty, Wall Street, Washington Consensus
All Tied Up and Nowhere to Go by Stephen Zielinski is licensed under a Creative Commons Attribution 4.0 International License.