Modern Monetary Theory


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Paul Ryan's Deficit Reduction Fairy Tales: Part Two

By Joe Firestone
January 31, 2011

Here's Part Two of my textual analysis of the deficit reduction portion of Paul Ryan's Republican response to the SOTU.

Then the President and his party made matters even worse, by creating a new open-ended health care entitlement. more »

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Paul Ryan's Deficit Reduction Fairy Tales: Part One

By Joe Firestone
January 30, 2011

Many of my recent posts have focused on fairy tales I thought the President would tell in the SOTU and also those that he did tell. more »

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More Fairy Tales of the SOTU

By Joe Firestone
January 28, 2011

In my last post, I scored the SOTU on the 7 Fairy Tales I discussed previously, and concluded that the President was subscribing to at most two of them, and that he accepted the deficit reduction framing of the Republicans as a basis for negotiat more »

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Fairy Tales of the SOTU Related to Deficit Reduction

By Joe Firestone
January 26, 2011

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President would probably deliver in his State of the Union Address. more »

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President Obama Should Use Coin Seigniorage Now!

By Joe Firestone
January 19, 2011

The media and much of the blogosphere are framing the coming debt ceiling decision, somewhen in the March to early May period, as one in which the Republican-majority House of Representatives may refuse to extend the Federal debt ceiling, forcing both a Government shut-down, and also a possible US default in paying its debt obligations to its creditors. more »

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Fairy Tales of the Coming State of the Union: Fairy Tales and Truths

By Joe Firestone
January 14, 2011

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

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Fairy Tales of SOTU: Our Grandchildren Must Repay National Debt

By Joe Firestone
January 13, 2011

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

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Fairy Tales of SOTU: If We Keep Issuing Debt Our Creditors Won't Buy It

By Joe Firestone
January 12, 2011

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

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Fairy Tales of the SOTU: If We Borrow More Bond Market Will Raise Our Rates

By Joe Firestone
January 10, 2011

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

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Memorable Modern Monetary Theory Answers To Economic Austerity

By Joe Firestone
January 10, 2011

On December 30, 2010, George Jarkesy's New Captains of Industry Program broadcast an Economist Round Table called: “Economics 101 for Politicians and Policy Makers”. more »

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