#Keynesian

Brian Romanchuk

RomanchukBrian

I finally read Palley’s “What's wrong with Modern Money Theory”It’s pretty much a summary of almost all the non-stupid critiques of MMT. It has no new information, rather it should

Paul Krugman

paulkrugman

30 million workers have had their financial lifeline cut off, and talks are stalled. But this isn't because "Congress" is dysfunctional; it's because *Republicans* are wedded to nonsense economics 1/

Henrik Zeberg

HenrikZeberg

Trust you are safe! For a long time, I have been forecasting #DEFLATION. We got that! Today, I want to address, why I think we are about to see a

Ivan Werning

IvanWerning

Can the negative supply shock from this pandemic lead to a demand deficient recession?Yes. Together with the brilliant Veronica Guerrieri, Guido Lorenzoni and Ludwig Straub, I explore the conditions for

Vance Ginn

VanceGinn

1/ THREAD: In anticipation of tonight's President #Biden speech, here's already what's being done to weaken families, the labor market, our energy future, the budget picture, and America--while noting what

Daniel Barron

theantiantifa

Health care update from the inside:We are all part time employees now. The side jobs we were given to suppliment hours have been eliminated.We were the lucky ones at first,

Common Sense Calgary

CommonSenseYYC

We're here with you live to cover the second half of today's Council meeting, which will be discussing the City's property taxes for 2020.#yyc #yyccc As a reminder, currently taxes

Adam Townsend

adamscrabble

Sari made me do a thread Keynesian Economics in 6 words: Savings is harmful to the economy. In the beginning...2016: Deutsche Bank predicted cash won’t exist in 10 years.Norway’s biggest

Onur Özgöde

ummodern

Why do we have an econ indicator such as GDP? Most assume GNP, GDP's predecessor, was invented to measure economic growth.My new paper, Institutionalism in Action, shows it was constructed

Eddie Chu 🧢🍎🤠

eddiechu888

Completely support a “MMT UBI,” for many reasons.https://twitter.com/frfriedpotaters/status/1277776595948834816 The history of printing money for government spending goes back at least as far as late Rome, and is particularly common in

Paul Krugman

paulkrugman

I know there's a lot of other stuff going on, but surprised not to see more commentary about how weird it is for the U.S. president to be trying to

Jo Michell

JoMicheII

Some observations on Mehrling’s latest, which uses monetary flux and reflux or, in Graziani’s terms, “initial” and “final” finance, to consider some recent and historical monetary debates. 1/ https://www.ineteconomics.org/upload

Luca Fornaro

LucaFornaro3

Is the US suffering an exorbitant burden? Due to the dominant role of the dollar, the US is able to borrow cheaply from the rest of the world, an effect

Miko Matsumura

mikojava

If you go to the root concepts, liberal means essentially "generous' like a "liberal scoop of mashed potatoes", whereas conservative means protecting what you have, as in "if we don't

Pseudoerasmus

pseudoerasmus

Short Thread — on Developmental Pessimism. Essentially a reaction to an article in Dissent called ‘End of Development’. More precisely it’s about the end of development as industrialisation.https://www.dissentmagazine.org/article/th

Sahil Bloom

SahilBloom

Inflation 101Given all of the money printing that has taken place over the last several months, you have undoubtedly heard the term "inflation" thrown around a lot.But what is inflation