William K. Black
Modern Monetary Theory is On the March
By William K. Black February 18, 2019 Bloomington, MN Modern Monetary Theory (MMT) continues to advance rapidly. We are past the first phase of reaction (first they ignore you), deeply into the second phase (then they attack you), and expanding … Continue reading →
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Cryptocurrency Firms Regularly Lose Codes and Money
Recent developments in the cryptocurrency world highlight the dangers of trading in this type of “coin.” But how important is cryptocurrency to the financial world and why should we care? NEP’s Bill Black appears on The Real News to discuss … Continue reading →
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AOC# and MMT Spook the AEI
William K. Black January 17, 2019 Bloomington, MN AOC# drives Republicans berserk. Booing her, and only her, at the ceremony admitting the members of Congress, raging at her for dancing – yes dancing – in a college video, and attacking … Continue reading →
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Trump’s Version of ‘Let Them Eat Cake’
By William K. Black January 14, 2019 Bloomington, MN Queen Marie-Antoinette of France was libeled by the claim that when she was told that her starving peasants could no longer find bread to eat, she responded “then let them eat … Continue reading →
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Trump CFPB Plans Obscene Change to Payday Lender Rule
William K. Black January 14, 2019 Bloomington, Mn Kate Berry, the American Banker reporter that covers consumer financial protection, has written another important article about the continuing horror story of Trump’s increasingly successful efforts to pervert the Consumer Financial Protection … Continue reading →
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How Immoral are Laissez Faire Ideologues? Ask about Drones.
William K. Black December 17, 2018 Bloomington, MN In 1983, Federal Home Loan Bank Board Chairman Richard (Dick) Pratt published his Agenda for Reform about how to deal with the savings and loan debacle. He had just made that debacle … Continue reading →
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Countering Chinese Accounting Control Fraud and Predation Against U.S. Investors
William K. Black December 18, 2018 Bloomington, MN On December 13, 2018, the Wall Street Journal published an interesting op ed by Jesse M. Fried, a famous law professor in multiple areas of corporate law, and Matthew Schoenfeld, who works … Continue reading →
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Trump Models His War on Bank Regulators on Bill Clinton and W’s Disastrous Wars
William K. Black December 13, 2018 Bloomington, MN The Wall Street Journal published an article on December 12, 2018 that should warn us of coming disaster: “Banks Get Kinder, Gentler Treatment Under Trump.” The last time a regulatory head lamented … Continue reading →
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Douthat’s Mendacious Meritocracy Myth
William K. Black December 8, 2018 Bloomington, MN The funeral services for President George HW Bush triggered Ross Douthat’s nostalgia for the “aristocratic virtues of the old WASP establishment, and a disappointment with the meritocracy that has risen in its … Continue reading →
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Who Said This?
William K. Black Associate Professor of Economics and Law, UMKC December 5, 2018 Bloomington, MN 55437 I cannot write many blogs during the fall semesters because I teach four classes (I co-teach one of them). The fall term of instruction … Continue reading →
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