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A Daffy plan to plug a critical hole?

The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy [Kelton, Stephanie] on Amazon.com. *FREE* shipping on qualifying offers. The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

Early this morning, I took a break from working on my book to trade text messages with Warren Mosler, the canonical “father” of MMT.

Today is the final day of the Allied Social Science Association’s (ASSA) annual meetings.

Today is the final day of the Allied Social Science Association’s (ASSA) annual meetings.

Group of 120 experts including Joseph Stiglitz urge fresh debt restructuring plan given scale of destruction

The Trump administration is blaming everyone and everything that brought us to this point except the people and things that actually brought us to this point.

Republicans have delivered on the One Big, Beautiful Bill (OBBB).

Republicans have delivered on the One Big, Beautiful Bill (OBBB).

Research cuts aren’t about shrinking government, they’re about killing science

Democrats are using Trump’s apocalyptic bill as a campaign gimmick — and ignoring their role in its cruelty.

Tom Barkin is looking for clarity about inflation, tariffs and employment the old-fashioned way: He’s talking to people.

The House Freedom Caucus...

Trump’s “big, beautiful bill” is an extinction-level event for higher education that would annihilate the country’s intellectual potential.

Companies raise prices during ‘cost shocks’, researchers say, and policymakers are not equipped to tackle such inflation

Plus a charted review of the macro crosscurrents 🔀

Every major agency has downgraded America’s credit rating. Economist Stephanie Kelton explains why it matters — but not for the reasons you think.

Baby bonds are a wealth-building tool that’s inclusive, equitable and grounded in solid economics.