Search Results for: inflation

ETFs as Analogy for Sovereign Currency

Posted on May 6, 2014 by Brian Andersen | 14 comments

By Brian Andersen By now, everyone has heard the expression “financial innovation” to refer to changes that have taken place in our financial markets. Like all innovation, the goal of financial innovation is to solve problems. To bring our intelligence … Continue reading →

14 Comments

Posted in Brian Andersen

Tagged ETF, Exchange Traded Funds, Financial innovation, MMT, Modern Monetary Theory

Piketty’s Regressive Views on Public Debt and the Potential Impact of His Book

Posted on April 30, 2014 by Devin Smith | 3 comments

By Philip Pilkington (Cross posted from Fixing The Economists) Piketty’s Wikipedia page says that he’s a Keynesian. Well, I don’t see it at all. His book contains a section on the public debt in historical perspective and it is desperately misinformed. … Continue reading →

3 Comments

Posted in Guest Blogger

Tagged philip pilkington, Piketty, public debt

MMT Does Do Policy

Posted on April 23, 2014 by L. Randall Wray | 39 comments

By L. Randall Wray I’ve seen some pretty bizarre claims about MMTers. They are “tea partiers”, “barely left of center”, who “are not interested in policy”, who “ignore inequality”, who “are only interested in reducing taxes”. “MMTers ignore the fraud of the banksters.” … Continue reading →

39 Comments

Posted in L. Randall Wray

Tagged MMT, Modern Monetary Theroy, policy

Peterson/CBO Beat for Austerity Goes On!

Posted on April 22, 2014 by Joe Firestone | 13 comments

By Joe Firestone Recently, I’ve been writing about oligarchs advocating for entitlement cuts and austerity. I’ve discussed attacks on entitlement benefits for the elderly from Abby Huntsman (of MSNBC’s The Cycle) and Catherine Rampell (a Washington Post columnist), both the … Continue reading →

13 Comments

Posted in Joe Firestone

Tagged #PCS, austerity, CBO projections, congress, consols, deficit spending, deficit terrorism, Gilens and Page, Michael A. Peterson, net interest, oligarchy, Peter G. Peterson Foundation, platinum coin seigniorage, Sector Financial Balances, the Fed, Treasury

More Misdirection from Rampell in the Service of Generational War

Posted on April 19, 2014 by Joe Firestone | 6 comments

By Joe Firestone In my last post, I took issue with a recent column by Catherine Rampell, who tries to make the case that seniors haven’t paid for their Social Security and Medicare because they “generally receive” more in benefits … Continue reading →

6 Comments

Posted in Joe Firestone

Tagged #PCS, baby boomers, Catherine Rampell, coin seigniorage, congress, deficit spending, Economic Bill of Rights, entitlement benefits, entitlement solvency, entitlement spending, FDR, generational cohorts, generational warfare, medicare, millennial, neoliberalism, seniors, Social Security, SS, the Fed, the Treasury, Treasury

A Business Strategy Long Overdue

Posted on April 15, 2014 by J.D. Alt | 3 comments

By J.D. Alt The Washington Post recently reported that Day Care now costs more—in 31 U.S. states—than a college education. In a fit of logic rarely exhibited in today’s journalism, the article explains that since it takes the average family … Continue reading →

3 Comments

Posted in J. D. Alt

Tagged business strategy, day care, MMT, Modern Monetary Theory

Speculation in the Commodities Market: Part 2 A Response to Price Asset Management

Posted on April 9, 2014 by Devin Smith | 6 comments

By Ben Strubel Recently, a nice man named George H. Rohrs Jr. from Price Asset Management, a firm that specializes only in commodities and managed futures investments, emailed me a copy of the newsletter his firm sent to clients in … Continue reading →

6 Comments

Posted in Ben Strubel

Tagged commodities, commodity funds, commodity prices

Sorry, Kyoto Signatories, Emissions Traders, Carbon Taxers, Homo Oeconomicus Won’t Save the Climate – Part 3

Posted on April 8, 2014 by Michael Hoexter | 3 comments

By Michael Hoexter [Part I] [Part II] [Part III] [Part IV] 7. Outline of An Actually-Effective Climate Policy Actually-effective climate policy, which might be called a comprehensive climate and energy policy, then has the following components: 1) National Carbon Mitigation … Continue reading →

3 Comments

Posted in Michael Hoexter

Tagged climate change, climate policy, global warming

Sorry, Kyoto Signatories, Emissions Traders, Carbon Taxers, Homo Oeconomicus Won’t Save the Climate – Part 2

Posted on April 7, 2014 by Michael Hoexter | 3 comments

By Michael Hoexter [Part I] [Part II] [Part III] [Part IV] 4. Existing Climate Policy Is Lacking a “Drive Axle” Between Ethical Impulse and Policy Implementation The decision in the 1990’s to turn over climate policy to market mechanisms, in … Continue reading →

3 Comments

Posted in Michael Hoexter

Tagged climate change, climate policy, global warming

Heard (but not understood) On the Street: The WSJ and Deflation

Posted on April 6, 2014 by William Black | 1 comment

By William K. Black A brief update is in order after my three part series on how the troika (the ECB, EU, and the IMF) was acting contrary to its stated policies on deflation, Mario Draghi’s (the head of the … Continue reading →