The persistence of fiscal stupidity
Government finances are not like household finances, simply because public spending is so big that it affects the rest of the economy – something which is not true of households.Read more
LEFT OUT: Stephanie Kelton on MMT and debunking budget deficit myths
Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
In this episode, Left Out speaks with Professor Kelton about Modern Monetary Theory and debunking budget deficit myths. Professor Kelton is a leading American economist and a Professor of Public Policy and Economics at Stony Brook University. She was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to the Bernie 2016 presidential campaign.Read more
Vision as memory: austerity, tax cuts and militarism continue under Trump administration
Instead of constantly focusing on the symptom, i.e. Trump and his cabal, we need to ask ourselves as philosopher Henry Giroux does, “What kind of society produces Donald Trump?” or more specifically, ‘What kind of person embraces this kind of budget?’Read more