Who Figured Out MMT? When? How?

The first published book describing how our modern economy works was published in 1993. The title is Soft Currency Economics: What Everyone Thinks That They Know About Monetary Policy is Wrong. The author is Warren Mosler. Who is Warren Mosler? Warren Mosler is identified as an Economist, when it seems that's true now in retrospect. … Continue reading Who Figured Out MMT? When? How?

What Has Government Done to Our Money?

A few weeks ago I was discussing the nature of money and the economy with someone who seemed to fundamentally disagree with some basic tenants of how modern money works. He asked me to read a book titled "What Has Government Done to Our Money?" to help me understand where I was going wrong. I … Continue reading What Has Government Done to Our Money?