Paul Krugman’s macro framework is leading him astray.
The post Paul Krugman Asked Me About Modern Monetary Theory. Here Are 4 Answers. appeared first on Stephanie Kelton.
Paul Krugman’s macro framework is leading him astray.
The post Paul Krugman Asked Me About Modern Monetary Theory. Here Are 4 Answers. appeared first on Stephanie Kelton.
https://www.etsy.com/listing/639060661/book-of-memoirs-of-a-very-stable-genius
There are no inherent tradeoffs between fiscal and monetary policy.
The post Modern Monetary Theory Is Not a Recipe for Doom appeared first on Stephanie Kelton.
Back home in suburbia, it is a Tuesday morning. Pre dawn I was awoken by three metallic taps. In conversation with Re we realise the same three taps disturb our sleep at the same hour every morning. Comforting in their regularity, like all the other …
To escape higher taxes, they must embrace deficits.
The post The Wealthy Are Victims of Their Own Propaganda appeared first on Stephanie Kelton.
Our flight from London has been a bit special. We flew north over Copenhagen. The sun dropped low and the clouds cleared revealing the Baltic islands rimmed in golden sunlight.
On we flew over the snow covered fields of Estonia and night fell. I …
We have less than 20 hours left before boarding our plane back to Australia. I am full of the usual salamagundy mix of emotions. Let’s not trawl through that though. The past couple of weeks have been intense. Seeing friends and family like this always ends up feeling like …
We are on the train to Newcastle. We overslept and had to run like maniacs to get here. I managed to misplace my oyster card and my subsequent tube ticket to kings cross. The ticket gate staff were probably too startled by my sweaty panicked luggage humping madness to stop …
I woke up early this morning, and those of you live above 45° parallel north or so are used to the “I'm wide awake but it's still dark as night” feeling in the winter. I usually don't turn on the lights, wander into my office, and just bring my computer out of hibernate; that takes a bit as my 100% Free-Software-only computer is old and slow, so I usually go to make coffee while that happens.
As I came back in my office this morning I was a bit struck by both displays with the huge Debian screen lock image, and it got me thinking of how Debian has been my companion for so many years. I spoke about this at DebConf 15 a bit, and wrote about a similar concept years before. I realize that it's been almost nine years that I've been thinking rather deeply about my personal relationship with Debian and why it matters.
Bombay (as the locals I have met insist on calling it) keeps reminding me of my time in Alexandria in the early 90s. I walked a lot and obsessed over the bicycle culture back then too.
Our first trip to Japan. After driving up the coast and waiting at the airport, the nine hour flight was not so bad. We spent two hours figuring out and getting the trains to our airbnb. We dumped our bags after 20 odd hours travelling and found a bar which …
I have until now avoided making a public statement about my views on the various interrelated issues regarding the GNU Kind Communication Guidelines that came up over the last month. However, given increasing interest in our community on these issues, and the repeated inquiries that I received privately from major contributors in our community, I now must state my views publicly. I don't have much desire to debate these topics in public, nor do I think such is particularly useful, but I've been asked frequently about these GNU policy statements.