By Gerald Epstein, Modern Money Theory (MMT) has recently gained a remarkable amount of attention. This has stemmed largely from the “shout-outs” it has received from prominent progressive politicians such as Alexandria Ocasio-Cortez. Its recent appearances in the news and social media have also drawn a variety of criticisms from economists of different stripes. Though … More Is MMT “America First” Economics?
By James K. Galbraith, Is Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued, a threat to “the entire global financial system” and the front line of the “next battle for central-bank independence”? For Rogoff, the threat seems to stem partly from the fear that MMT adherents … More Modern Monetary Realism
Fadhel Kaboub on the meaning and importance of monetary sovereignty, MMT in relation to developing countries, Venezuela, colonialism, Scottish independence, and the MMT Job Guarantee.
By Scott Ferguson, Titled Declarations of Dependence: Money, Aesthetics, and the Politics of Care (University of Nebraska Press, July 2018) my recent book develops the insights of Modern Monetary Theory (MMT) for critical theory and aesthetics. While the modern Liberal imagination treats money as a finite, private and decentralized exchange instrument that seems incapable of … More The Shape of Law
by Scott Ferguson. From University of Nebraska Press: Declarations of Dependence rethinks the historical relationship between money and aesthetics in an effort to make critical theory newly answerable to politics. Scott Ferguson regrounds critical theory in the alternative conception of money articulated by the contemporary heterodox school of political economy known as Modern Monetary Theory. … More New Book: Declarations of Dependence – Money, Aesthetics, and the Politics of Care
Fadhel Kaboub, associate professor of economics at Denison University and President of the Binzagr Institute for Sustainable Prosperity, outlines a new critical approach to postcolonial political economy, arguing that re-gaining financial sovereignty is a crucial next step for postcolonial nations hoping to achieve social, economic, and environmental justice. We talk specifically and at length about … More The New Postcolonial Economics with Fadhel Kaboub
Money on the Left is the official podcast of Modern Money Network: Humanities Division. In our first episode, we consider the recent resurgence of full employment politics in the United States from both a political and historical perspective with historian David Stein. David is currently a fellow at UCLA’s Luskin Center for History and Policy … More Job Guarantee as Historical Struggle