The Big Interview with Barton Biggs
In this week’s Big Interview, Barton Biggs has a lot to say. What stands out and what the WSJ has stressed is his support for public works programs.
Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Tag
government
Nine Reasons Why Spain Is Not Different
I have decided to single Klaus Baader out for special treatment here because he conveniently brings together, in a clear and succinct fashion, a number of arguments which are widely accepted and used by both analysts and policy makers about…
More on the Upside-Down World of MMT
I ran across a post by Robert Murphy over at the Mises Institute blog on Modern Monetary Theory. Since I have been pushing the idea that the centrality of secular debt accumulation makes some ideas from MMT and Austrian Economics…
“It’s a farce, it’s a sideshow, it really shouldn’t happen”
On Friday I spoke to RT America about the mockery of a sham that is US public discourse on the debt ceiling issue. First of all, the US government creates dollars. They can always manufacture more if they so choose. It's a rubbish argument…
More on Unemployment Insurance for the 21st Century
Unemployment insurance for 21st century in the form of a jobs program could end the malinvestment and predations of politicians and foster a strong economy. We need jobs but we must be mindful of predator state capitalism. My proposal below…
On Ideology, economics and the compatibility of Chartalists and Austrians
Below is a framework that delineates the ideology and economics of two groups of economic thought that are much talked about in the wake of the Credit Crisis: the Chartalists and the Austrians. These two groups are considered outside of the…
Seth Meyers remarks at the 2011 White House Correspondents’ Dinner
This is making the rounds on the Internet because it is very funny. Take a look.
Austrians and MMTers should be on the same side
Austrians and MMTers should be on the same side. After all, both camps understand the relationship between money and credit, and both understand the full ramifications of having fiat money. They should be on the same side arguing against…
First Quarter 2011 GDP: The only improving factor was stronger inventory growth
The Bureau of Economic Analysis' (BEA) first ("Advance") estimate of the annualized growth rate of the first quarter 2011 U.S. Gross Domestic Product (GDP) was 1.75%, down significantly from the 3.11% growth rate reported for the fourth…
The S&P Downgrade and Sovereign Government Bankruptcy
The claims about “unsustainable deficits” gained new urgency this week as S&P warned that it was downgrading US federal government debt from stable to negative (see here for recent debate).
This appeared to be a blatantly political…