Our friends over at RETE in Italy have done it again! They have translated and posted Scott Fullwiler’s works on central banking operations into Italian. For our Italian speaking friends, you ...
By Scott Fullwiler As anyone who’s followed the discussion has seen, the proposal from the newly-elected leader of the British Labor Party, Jeremy Corbyn, to implement “People’s Quantitativ...
https://neweconomicperspectives.org/2015/09/corbynomics-101-its-the-deficit-stupid.html
By Scott Fullwiler Clive Crook has an interesting article in Bloomberg that I wanted to quickly touch on as it relates to a number of things that have been central to MMT for years. Crook’s p...
https://neweconomicperspectives.org/2015/06/what-is-helicopter-money-anyway.html
By Scott Fullwiler Tim Worstall has a post decrying the dangers of MMT ever being used in the real world—even as he recognizes or at least suggests that it might be the correct description of h...
https://neweconomicperspectives.org/2015/01/replacing-budget-constraint-inflation-constraint.html
By Scott Fullwiler The Congressional Budget Office (CBO) published its long-term deficit and national debt projections last week. These are the projections most widely cited in policy discussio...
https://neweconomicperspectives.org/2014/07/cbo-still-paradigm-years.html
By Scott Fullwiler In the comments section of my last post, Neil Wilson linked to this piece by Paul Krugman from last fall. It’s a useful lecture in that it shows mainstream economists are b...
By Scott Fullwiler In a post yesterday, Paul Krugman notes the CBOs long-term projections for federal government deficits and the national debt now show a reduced projection of nominal interest r...
https://neweconomicperspectives.org/2014/07/krugman-now-disagrees-earlier-critique-mmt.html
By Scott Fullwiler I wrote a while back about how neoclassical economists don’t realize their view that interest on reserves (IOR) stops “printing money” from being inflationary also means ...
https://neweconomicperspectives.org/2014/07/debt-free-money-zirp-forever.html
By Scott Fullwiler As Randy’s recent post on consolidating vs. not explained, a number of critics argue that consolidation doesn’t “really” happen. Of course, that’s not the point MMT...
https://neweconomicperspectives.org/2014/06/consolidating.html
By Scott Fullwiler and Stephanie Kelton Paul Krugman has a new post that explains why the debate over money- vs. bond-financing of government deficits is really much ado about nothing. In it, h...
https://neweconomicperspectives.org/2013/12/krugman-helicopters-consolidation.html