How We Pay for It

“It” being any of the large scale public purpose programs currently under discussion.


How to Pay for the War (PDF)
— John Maynard Keynes, 1940

How to Pay for the Green New Deal
— Yeva Nersisyan, L. Randall Wray, Levi Economics Institute of Bard College May 2019


— Simon Metcalf for @SunriseBoston, Andres Bernal @andresintheory, Stephanie Kelton @StephanieKelton, Rohan Grey @rohangrey, Sara Nelson @FlyingWithSara, Pavlina Tcherneva @ptcherneva, Fadel Kaboub @FadhelKaboub, Scott Fulwiler @stf18, Nathan Tankus @NathanTankus, Kate Aronoff @KateAronoff, Robert Hockett @rch371.
May 24, 2019 (unedited) Modern Money NetworkProgram here

How Do You Pay for the Green New Deal? Ask Andrés Bernal • In Bernal’s 2030, it’s a given that everyone who can work has a job.
— Yasmin Tayag (@yeahyeahyasmin), Inverse.com, May 21, 2019

An MMT response on what causes inflation
— Scott Fullwiler (@stf18), Rohan Grey (@rohangrey) Nathan Tankus (@NathanTankus), Financial Times Alphaville, March 1, 2019

PAYGO Is Based on a Fallacy • The U.S. government can dramatically increase spending without raising taxes.
— Pavlina Tcherneva In These Times, Jan 3, 2019

“We Can Pay for a Green New Deal,” Huffington Post
— Stephanie Kelton, Andres Bernal & Greg Carlock, HuffPost

“Deficits, MMT & a Green New Deal: How to Tell When Deficit Spending Crosses a Line,” Bloomberg
— Stephanie Kelton (@Stephanie Kelton), Bloomberg

“The Green New Deal: How We Will Pay for It Isn’t a ‘Thing’–And Inflation isn’t Either,” Forbes
— Robert Hockett, Forbes, Jan 16, 2019


Fadhel Kaboub, “Climate change, Developing Nations, and Hyperinflation in an MMT Lens,” Real Progressives

How We Think About the Deficit is Mostly Wrong
— Stephanie Kelton, NY Times, Oct. 5, 2017