Author Archives: Jack Barker
Economics professor Stephanie Kelton discusses Modern Monetary Theory (MMT) on this episode of the Majority Report. Kelton explains why the world didn’t explode moments after leaving the gold standard, and why we need to update the way we think about money in a post-gold economic system. Kelton explains that when the government spends money on something (like a […]
Herr Trump’s nomination of Stephen Mnuchin, the godfather of the foreclosure crisis, may have come as something of a shock to some, way way back six weeks ago when people were still talking about #draintheswamp. Remember that bullshit?
For all the GOP bluster about how great the so-called “free market” is, they may be somewhat disappointed to learn that it does not consider coal the energy of the future. ThinkProgress has an interesting piece on this, which, sadly, most of us already kind of knew. Yep! Sorry, folks, cheap natural gas and renewables […]