Debate on Modern Monetary Theory (MMT) Parts 1-4 (updated)

Dandelion Salad Updated: May 13, 2019 Modern Monetary Theory – A Debate: Randall Wray (Pt 1/4) TheRealNews on Apr 22, 2019 Randall Wray, one of the founders of the economic theory known as Modern Monetary Theory (MMT) lays out some of its main arguments. Paul Jay hosts

The Life and Times of Michael Hudson: From Trotsky’s Godson to Modern Monetary Theory

by Michael Hudson Writer, Dandelion Salad August 11, 2018 Global University for Sustainability on Jul 11, 2018 The interview with Professor Michael Hudson was conducted on 7 May 2018 in Beijing, by Professor Lau Kin Chi and Professor Sit Tsui Jade. Professor Hudson talked about his formative years, and his turn to economics from music […]

Keiser Report: Sharkboy and Lava Girl + Michael Hudson on Modern Monetary Theory

by Michael Hudson Featured Writer Dandelion Salad March 8, 2012 RussiaToday on Mar 8, 2012 In this episode, Max Keiser and co-host, Stacy Herbert, discuss boating accidents with Sharkboy and Lava Girl and a futures market to lay off your Blythe Masters risk. In the second half of the show, Max talks to Dr. […]

MMT (Modern Monetary Theory) as an ECB (European Central Bank) Alternative by Michael Hudson

by Michael Hudson Featured Writer Dandelion Salad February 27, 2012 2,181 Italians pack a Sports Arena to learn Modern Monetary Theory: The Economy doesn’t Need to suffer Neoliberal Austerity I have just returned from Rimini, Italy, where I experienced one of the most amazing spectacles of my academic life. Four of us associated with […]

Payroll Taxes Are the Achilles Heel of Social Security, by Jim Kavanagh

by Jim Kavanagh Writer, Dandelion Salad The Polemicist August 21, 2020 On August 8th, Donald Trump took four executive actions on coronavirus relief. One was a memorandum deferring, to the end of the year, payment of the employee portion of the payroll tax for employees making less than $4000 biweekly. (Employer payments had already been […]

Michael Hudson: US Coronavirus Bailout Scam is $6 Trillion Giveaway to Wall Street + How The US Makes Countries Pay For Its Wars: Economics of American Imperialism

by Michael Hudson Writer, Dandelion Salad April 26, 2020 Moderate Rebels on Apr 20, 2020 Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders.

How to Pay for It All by Ellen Brown

by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog July 10, 2019 The Democratic Party has clearly swung to the progressive left, with candidates in the first round of presidential debates coming up with one program after another to help the poor, the disadvantaged and the struggling middle class. Proposals ranged from a […]

The Bankers’ “Power Revolution”: How the Government Got Shackled by Debt + New Book: Banking on the People by Ellen Brown

by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog, May 31, 2019 June 2, 2019 This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1. The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 […]

What Price a Livable Planet? by Paul Street

by Paul Street Writer, Dandelion Salad The Official Website of Paul Street April 23, 2019 I suppose we all owe UCLA economist and Hoover Institution senior fellow Lee Ohanian a debt of gratitude for telling us how it is. The “free market” propagandist recently took to the pages of The Hill, a Washington, D.C., journal […]

Funding A US Green New Deal Without Raising Taxes by Ellen Brown

by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog March 21, 2019 As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the US and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated to […]

The Venezuelan Myth by Ellen Brown

by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog February 10, 2019 Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the […]

Why Germany Leads in Renewables: It Has Its Own Green Bank by Ellen Brown

Updated: Feb. 10, 2019 and Feb. 12, 2019 by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog January 27, 2019 The Green New Deal endorsed by Alexandria Ocasio-Cortez and more than 40 other US Representatives has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to […]

“Taxpayer Money” Threatens Medicare-for-All (And Every Other Social Program) by Jim Kavanagh

Dandelion Salad by Jim Kavanagh The Polemicist, Sept. 18, 2018 September 20, 2018 Three assertions: There is no such thing as “taxpayer money.” Taxes do not pay for government spending. (Nor does debt. No revenue is needed.) Leftists who continue to talk as if “taxpayer dollars” must be collected to “pay for” government programs are […]

When And How The Economy Will Collapse Is Now In The Hands Of Central Bankers by Ellen Brown

by Ellen Brown Writer, Dandelion Salad The Web of Debt Blog September 15, 2018 Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their “independence” from government. They have become […]

Michael Hudson, Stephanie Kelton, et al: Why Monetary Theory and Policy Is a Critical Terrain For the Left (Left Forum 2018)

with Michael Hudson Writer, Dandelion Salad June 7, 2018 OpenUnivoftheLeft on June 5, 2018 Left Forum 2018: As our demands grow bolder—true full employment, the rebuilding of the social safety net starting with Medicare for All, an overdue green and just transition—so will the naysayers’ inevitable refrain: “How will you pay for it?” Developments in […]