J. D. Alt

Let’s Rebuild Mexico Beach

Published by Anonymous (not verified) on Tue, 20/11/2018 - 9:24pm in

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J. D. Alt

By J.D. ALT It’s telling that in the media coverage about the damage inflicted by Hurricane Michael, there are a lot of stories about how the citizens of Mexico Beach would like to rebuild their town, but no stories at … Continue reading →

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FUTURE DOLLARS

Published by Anonymous (not verified) on Sun, 11/11/2018 - 11:34pm in

By J.D. ALT In recent essays I’ve made reference to a new framing of what is actually happening when the U.S. treasury issues a bond. It seems to me, this new framing goes to the heart of MMT and might … Continue reading →

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CHANGE THE SUBJECT

Published by Anonymous (not verified) on Wed, 10/10/2018 - 11:11am in

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J. D. Alt

By J.D. ALT So, I will now, once again, court blushing naivete…. In the middle of a contemplative walk—during which, I confess, I was imagining with enthusiasm how the Democrats might extract revenge should they win the House of Representatives … Continue reading →

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Paying for Hurricanes

Published by Anonymous (not verified) on Tue, 18/09/2018 - 11:50am in

By J.D. ALT What you believe America can build—or rebuild—as a collective society hinges on how you answer one fundamental question: When the U.S. government issues a treasury bond, is it “borrowing” money that must be repaid with future tax-dollars—or … Continue reading →

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Miscalculating Medicare-for-all

Published by Anonymous (not verified) on Mon, 20/08/2018 - 7:07pm in

By J.D. ALT A report from the Mercatus Center at George Mason University calculating the “cost” of Medicare-for-all has received much attention recently—first, because Bernie Sanders claimed the report concluded that Medicare-for-all would save the American people $2 trillion over … Continue reading →

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How big does the fire need to be?

Published by Anonymous (not verified) on Mon, 13/08/2018 - 7:11pm in

By J.D. ALT I have written about this before, but it bears repeating now—and perhaps it bears repeating every week until somebody with more leverage than me picks the message up and carries it a step further: America (and the … Continue reading →

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The Explicable Mystery of the National Debt

Published by Anonymous (not verified) on Thu, 02/08/2018 - 9:36am in

By J.D. ALT America’s current “national debt” is tallied to be $21.5 trillion. When politicians and economic pundits talk (worry, fret, wring their hands, gnash their teeth) about this “debt” they implicitly assume—along with their listeners, readers, and potential voters—that … Continue reading →

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The Five Stages of Money (and why we’re stuck at stage 4)

Published by Anonymous (not verified) on Tue, 19/06/2018 - 10:24am in

By J.D. ALT Like everything else, money has evolved. It began in a primitive form and morphed into something more sophisticated, more successful. Then, probing and testing for an even better form, it morphed again. A simplified history of money’s … Continue reading →

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