#1280 Modern Monetary Theory: We already use it, now we need to understand it

Air Date: 6–11-2019

Today we take a look at Modern Monetary Theory and the neoclassical economics it is looking to replace. It’s very important to understand the logistical and political mechanisms by which money for progressive policy priorities would be appropriated by Congress and the debate over MMT gets to the core of those issues and seeks to change the paradigm we use to think about government spending.

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SHOW NOTES

Ch. 1: Debunking the Deficit Hysteria with Stephanie Kelton Part 1 - Why Is This Happening? with Chris Hayes - Air Date 5-6-19

There’s a pattern to the Republicans’ selective concern about increasing the deficit, and it all depends on who holds the power. When you look at the behavior of people in politics, they don’t really care about the national debt as much as they like to ta

Ch. 2: What is Modern Monetary Theory? (with Stephanie Kelton) Part 2 - Pitchfork Economics with Nick Hanauer - Air Date 4-23-19

Is government debt real? Is anything real? Professor Stephanie Kelton gives Nick and Goldy a master class on the hottest idea in economics right now: Modern Monetary Theory.

Ch. 3: Why should we care about deficits? Part 2 - The Ezra Klein Show - Air Date 2-20-19

Stony Brook University’s Stephanie Kelton, an influential proponent of Modern Monetary Theory, and Jason Furman, President Barack Obama’s chief economist, discuss whether we should worry about government deficits and if so, when?

Ch. 4: Debunking the Deficit Hysteria with Stephanie Kelton Part 2 - Why Is This Happening? with Chris Hayes - Air Date 5-6-19

Stephanie Kelton is here to break it all down - the national deficit, the nature of money itself, federal spending, and why it’s time to stop comparing it to a household budget.

Ch. 5: Why should we care about deficits? Part 3 - The Ezra Klein Show - Air Date 2-20-19

Ch. 6: How Marxism and Modern Monetary Theory Go Hand-In-Hand - The Majority Report (@MajorityFM) - Air Date 03-21-18

Prof Richard Wolff warns about the asymmetric politics of increasing and decreasing government spending

Ch. 7: Debunking the Deficit Hysteria with Stephanie Kelton Part 3 - Why Is This Happening? with Chris Hayes - Air Date 5-6-19

Stephanie Kelton is here to break it all down - the national deficit, the nature of money itself, federal spending, and why it’s time to stop comparing it to a household budget.

Ch. 8: Dealing with the politics of managing Modern Monetary Theory - Planet Money - Airdate 9-26-18

We must take the fingerprints of Congress off the economy in order to manage inflation concerns.

Ch. 9: What is Modern Monetary Theory? (with Stephanie Kelton) Part 6 - Pitchfork Economics with Nick Hanauer - Air Date 4-23-19

Discussing the conclusions to be drawn from the case for Modern Monetary Theory made by Stephanie Kelton

VOICEMAILS

Ch. 10: Impeachment would be symbolic - Jesse from Boston

Ch. 11: Impeach but keep trump - Alan from Connecticut

Ch. 12: Making the case for impeachment - Todd from Utah

FINAL COMMENTS

Ch. 12: Final comments summing up my major takeaways from researching MMT that I think we should all keep in mind

MUSIC (Blue Dot Sessions):