Articles
The dangerous simplicity of MMT – the unemployed resources myth
The more government spends from freshly minted currency, the more these pressures build.
8 July 2025
The more government spends from freshly minted currency, the more these pressures build.
Capital isn’t just money sitting in a bank account. It’s real stuff:
This is not the guest list of a dialogue. It’s that of an echo chamber.
Money is at the heart of everyday life.
Governments cannot “go broke” as households and businesses do, because they can always issue more currency to fund whatever they desire.
To understand why productivity falls, it is important to understand what makes it grow
These controls are perhaps the most important of several factors deterring investment in our country.
Wealth – true wealth – isn’t money, but the things we for which we exchange money.
A big difference between a government’s treasury and its central bank is that there is no clear need for the central bank to exist.
Modern Monetary Theorists (MMTers) use lots of technical jargon to conceal the asininity of their proposal.
