1000 CASTAWAYS: Fundamentals of Economics

UPDATE: It's Done! Live on Amazon here - 1000 CASTAWAYS: FUNDAMENTALS OF ECONOMICS is now available- Hardcover, Paperback, & Kindle at Amazon.com Hardcover, Paperback, & NOOK at Barnes & Noble   Angus and Robertson (Australia), Fishpond (New Zealand shipping),  Waterstones (UK), !NDIGO (Canada),  India Print Edition & Amazon India, South Africa Print Edition Ebook (Epub … Continue reading 1000 CASTAWAYS: Fundamentals of Economics

MMT & the Fourth Spark Plug: Descriptive vs. Prescriptive revisited

Imagine you are an experienced mechanic. One day your neighbour comes home with a newly purchased used car. It is running terribly – sputtering and running slowly with little power. You look under the hood. It is a four cylinder car in good condition, and you notice that one of the spark plug cables is … Continue reading MMT & the Fourth Spark Plug: Descriptive vs. Prescriptive revisited

Decouple Spending From Bond Sales

Government bonds for funding are well understood to be an unnecessary, vestigial custom for currency-issuers.* There has been discussion of eliminating them as they serve no funding purpose. An argument in favor of eliminating bonds is that they are the foundation for the widely held yet false belief that a "national debt" limits what public … Continue reading Decouple Spending From Bond Sales