Tag: the peoples bank
[Hear an in-depth discussion on this article and its topics in this episode of The Enragés] A recent legislative attempt at Medicare and Healthcare expansion has fallen to the monopolistic death-grip of corporate lobbyists. What does the history of radical alternatives to healthcare have to teach us? Before looking at examples of solutions, it is…
For a few years now, Modern Money Theory, or MMT, has been the hottest buzzword in economics. The insights of MMT regarding our nation’s spending debate have been simultaneously misunderstood, disregarded, and celebrated. In this essay I will explain the central argument of MMT. I will explore why its conclusions are dangerous in the wrong…