At the launch of the Resolution Foundation’s report, “Ending Stagnation”, [Press Release], they had a bunch of speakers, including Sir Kier Starmer, Labour’s Leader, whose speech is posted at Labour List. It seems Hunt was also there. Here are some notes and links …
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I have now re-read Chapter 8 of Reclaiming the State and this is what I think they say on International Trade, I plan to simplify it further. I have tried not to insert the anti-arguments, but I am not sure that I agree that “Sudden Stops” can only happen to poor countries. Also if the…
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Some left economists have started to critique MMT, I have written a recent blog article but like the rabbit hole to Wonderland, there’s always more. Here are my notes.
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I wrote about this on my blog, in an article called Modern Monetary Theory and returned to it over the last couple of hours. While I attributed it to Bill Mitchell, the papers I quoted and subsequent google searches point to L. Randall Wray and others. Wray’s book, Understanding Modern Money: The Key to Full Employment…
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