"The first principle is that you must not fool yourself and you are the easiest person to fool." - Richard Feynman
"You Yanks don't consult the wisdom of democracy; you enable mobs." - Australian planner
Monday, January 22, 2018
Warren Mosler on Modern Money Theory
Meanwhile, here's a not-so-simple lecture from Modern Money Theory founder Warren Mosler. Not easy listening, but really worthwhile.
Also...for those of you interested, here's the FCIC report about the financial meltdown Great Recession. It's online, it's free, it's more than 600 pages
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One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.
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One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.