Commentary & Controversy

Doubtless I’ve missed more than a few, but the growth in commentary from MMT literate sources has grown significantly over the past decade. Consider: for 2001 through 2016, I’ve found 38 articles published in a range of media. Compare that to 158 published, sometimes with updates, between 2017 and 2020. You’ll find them on two pages: Debates and Controversies and News & Commentary

I added only four in 2021, leading me to wonder if I’m slacking off. Suggestions most welcome, here or via my Twitter feed.

Added today to Debates and Controversies: Paul Krugman Has Changed His Tune About Our “Long Run Budget Problem”
— Nathan Tankus (@NathanTankus) Crisis Notes April 15, 2021

Larry Summers versus Dodd Frank
— Nathan Tankus (@NathanTankus) Naked Capitalism Sept 11, 2013 (added 4/26)

#GlobalMMT: Monetary Policy & Sovereignty in African Nations

Two articles and a podcast added to #GlobalMMT: Commentary re Developed and Developing Nations
The CFA Franc as a Vivid Symbol of Colonial Continuities in Francophone Africa • Monetary policy in Africa has been dominated by a consensus formed in Europe and the United States. In France’s former colonies in West and Central Africa this has helped preserve the substance of empire long after its formal end.
— Ndongo Samba Sylla (@nssylla) em>Tax Justice @TaxJustice.net 1st Quarter 2021 – pg 5

Africa’s Path Towards Resilience and Sovereignty – The Real Wakanda is Within Reach • Colonialism stripped Africa of agency and confidence as well as material resources. In this article Fadhel Kaboub sets out a path towards independence and prosperity. He calls for a thorough-going rejection of the policy prescriptions offered by the former colonial powers, a renewed faith in the energy and creativity of Africa’s peoples, and a step-by-step programme to build sovereignty through the expansion of domestic production in energy, food and value added goods.
— Fadhel Kaboub @FadhelKaboub Tax Justice @TaxJustice.net 1st Quarter 2021 – pg 14

The Spectrum of Monetary Sovereignty in Developing Nations with Ndongo Samba Sylla and Fadhel Kaboub
— Macro n Cheese: Real Progressives Podcast (53:43)

Also added to Fadhel Kaboub under Primary Sources

The Role of Higher Education in Realizing a Green New Deal

In order to restore the U.S.public higher education system to a condition fit for purpose throughout the coming “Decade of the Green New Deal,” …decisive action must be taken early to rollback neoliberal reforms and restore social, economic, and environmental justice to college and university campuses, campus workers, and students.”

Performative Public Finance for Higher Education: Academic Labor and the Green New Deal, from William O. Saas, Scott Ferguson in Liminalities

Green New deal

New Zealand

Having finally caught up with (Australian) Steven Hail’s productive relationship with Interest.co.nz editor @GarethHVaughan, I’ve added information to #GlobalMMT: Commentary re Developed & Developing Nations and created a page for Steven Hail. Linked from People Doubtless, I’ll be adding more.

Here’s the article that got my attention:
Jude Murdoch and Steven Hail argue modern monetary theory offers desperately needed clear thinking and fresh ideas for our society and our democracy
— Jude Murdoch and Steven Hail (@StevenHailAus) Interest (@interestNZ) (@interest) Nov 27, 2020 MORE

Galbraith: “tormenting central bankers is great fun”

Who’s Afraid of MMT? • It is not surprising that current and retired central bankers feel threatened by Modern Monetary Theory. With deep roots in the Keynesian tradition and a consistent commitment to achieving full employment, MMT shows that good economics and sound policy doesn’t have to be shrouded in obscurantist cant.
— James K. Galbraith, Project Syndicate (@ProSyn) Dec 23, 2020
Added to “Debates & Controversies” – still my favorite page on the site. Read from oldest (at the bottom) to newest to follow the story line.