MMT is not a lens, it's a bottle opener! We had an absolutely rollicking conversation with the high octane Steven Grumbine, who is a recognized face of MMT in America. What does the party at the end of the world look like? While the libertarians are sharpening their knives, and eyeing our soft underbellies, we on the left are milling around debating the existence of beer. But Steve serves up some genuinely inspiring ideas to imbibe. Let's show 'em how to party like there is no planet B! Meanwhile, in episode #2 of Letter From the Cape, economist Bill Mitchell reminds us that Australia once experienced the wonder of a "full employment" economy. Show NotesReal Progressiveshttps://realprogressives.org/our-founder-steven-d-grumbine/The Deficit Mythhttps://stephaniekelton.com/book/The 7 Deadly Innocent Frauds of Economic Policyhttps://moslereconomics.com/mandatory-readings/innocent-frauds/https://warrenmosler.com/publications/Randall Wrayhttps://neweconomicperspectives.org/about.htmlThe Capital Order by Clara Matteihttps://www.claramattei.com/books/the-capital-orderCreditsTheme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck.https://edkuepper.com/(link is external)Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.https://orangefreesounds.comSongs and sound effects permitted for non-commercial use under license “Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)”https://www.youtube.com/watch?v=eepBkv32IWAIN FULL: Treasurer Jim Chalmers addresses the latest jobs figures, ABC News (Australia), Press Conference on February 16, 2023