Price competition breaks peer reviewed mainstream agent model
Reading
Hierarchical structure of banking as described by Modern Money Theory
Kudos to the Australian contingent getting this sketch on The Weekly. Can’t see the BBC doing something like this - either about MMT or a decent comedy show.
On July 21, the Alternative Federal Budget Recovery Plan was released. The document aims to provide public policy direction to Canada’s federal government, in light of the current COVID-19 pandemic. I was author of the Recovery Plan’s chapter on affordable housing and homelessness, which can be accessed here.
Ever since I worked at the Guardian’s New Media Lab in the Nineties and it was my actual job, I’ve been thinking about how news media is produced. A lot of my thinking was originally driven by just extrapolating out where things were headed. The increasingly high frequency of the news-cycle, for instance, was so […]
An overview of the Modern Money Theory viewpoint
And while we’re on the subject of toys and childhoods, here’s a shameless plug for my new feature documentary BATMAN AND ME. The movie presents the experience of Batman collector Darren Maxwell, who begins his hobby in 1989 and winds up addicted to buying Batman merchandise. It’s currently streaming as a part of the Melbourne […]
Why there is no need to raise taxes just because more government bonds have been issued
This food timeline started as a way to explore the revolution in Australian food that has occurred during the baby-boomers’ lifetime, but has since expanded to include more about the previous decades (and century) as well. Also included are overseas events and trends that had an impact here. The entries are brief, but there are lots of links if you want more information.
Modern Monetary Theory or MMT has crept in from the academic margins to become an influential doctrine in progressive policy circles in the United States. Both Elizabeth Warren and Bernie Sanders drew on the ideas of MMT to shape their ambitious public spending platforms. MMT has been cited as one way to fund a Green New Deal, in combination with [...]
Overview of a UK Job Guarantee
Overview of a UK Job Guarantee
Why do those people who agitate for a fixed exchange rate between currencies also advocate for a floating rate between government bonds and the currency?
If a move between bonds and currency needs to be discouraged by a floating rate, then why doesn’t a move between a local currency and a foreign currency need to be discouraged by a floating rate?
If the Euro is such a great idea across such a wide area, why aren’t Eurozone government bonds payable at par on demand at any bank in the Eurozone?
[ This blog post was cross-posted from the blog at Software Freedom Conservancy where I work. ]
I've been concerned this week about aggressive negative reaction (by some) to the formation of an additional organization to serve the Free and Open Source (FOSS) community. Thus it seems like a good moment to remind everyone why we all benefit when we welcome newcomer organizations in FOSS.
Changed
situations for learning
The epidemic, and the lockdown responses to it, have shifted the ground for great numbers of students. School closures meant a vast number of families suddenly had to do home-schooling and distance education. University closures have driven students online, even more than they were before. With social distancing, peer groups have been disbanded and many of the opportunities for informal learning have gone.
The epidemic, and the lockdown responses to it, have shifted the ground for great numbers of students. School closures meant a vast number of families suddenly had to do home-schooling and distance education. University closures have driven students online, even more than they were before. With social distancing, peer groups have been disbanded and many of the opportunities for informal learning have gone.
Updated Robin Hood Script for an Modern Money Theory World
From the archives: Post War Banking Policy - Reginald McKenna