Submitted by letsgetitdone on Sun, 01/29/2012 - 6:00pm
Submitted by letsgetitdone on Tue, 01/24/2012 - 6:30pm
This is the concluding post in this Job Guarantee and Modern Monetary Theory (MMT) series. Read below the fold...
Submitted by letsgetitdone on Mon, 01/23/2012 - 6:30pm
In this post I'll list the primary components of the MMT Knowledge Claim Network (KCN) classified under the major categories: the Social/Value Gaps; the Knowledge Gaps (Problems); the Descriptive Components (including Solutions); the Policy Prescriptions; and the Narratives.
The Social/Value Gaps mentioned by MMT developers
-- Failure of Economics to contribute to the Public Purpose as defined by the failure to close the other social value gaps listed below;
-- the gap between actual output and projected “full” output;
-- High involuntary unemployment vs. full employment;
Read below the fold...
Submitted by letsgetitdone on Sun, 01/22/2012 - 9:59pm
Submitted by letsgetitdone on Mon, 11/22/2010 - 11:49pm
The biggest problem for Americans in our time is the increasingly dangerous threat to open society posed by the trend toward plutocracy and its effects on the political system. George Soros described the antecedents of these threats in The Age of Fallibility (pp. 100-101): Read below the fold...