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Replies

Leon Heckmann @leon-heckmann.de · 23/10/2023

@adam_tooze, once again, is highly accurate and correct about the powerful change understanding endogenous #money makes. The following quote can really unite different scholars on endogenous money: We should focus on the common as good policy is needed! t.co/N8noZBfNd4

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Chartbook 246: How America can pay for "two wars" at once.

Perhaps it is the jittery state of the US Treasury market, but people have been asking. Can America afford two wars at once? The two wars being in Ukraine and Israel/Palestine. In the last 48 hours bo...

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Leon Heckmann @leon-heckmann.de · 23/10/2023

"The insights of left Keynesianism, MMT et al are generally taken to be liberatory, freeing democratic politics from the shackles of fiscal rules (...). What actually constrains our choices, are the scarcity of economic resources, available technologies and our ability to reach political agreement.

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Leon Heckmann @leon-heckmann.de · 23/10/2023

Questions of finance and “affordability” are secondary, organizational and technical matters. They reduce to matters of law and accounting. These are not trivial. They have their own institutional ramifications. But they are malleable."

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moritz @moritzkapff.bsky.social · 23/10/2023

Super spannend! Kennt jemand eigentlich einen guten Text der den unterschied zwischen den Ansätzen left/post keynesiansmus, MMT und Money view etc erklärt :)

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