Welcome to episode 57 of Activist #MMT. Today is the second part of my two-part conversation with Pakistani PhD economist, Asad Zaman (wiki, personal website). Today, Professor Zaman first talks about what Islamic Economics is, how it compares to MMT, and how mainstream economics makes Islamic Economics impossible. He then describes why money is not neutral – and what the concept of neutrality means. We end by discussing the nature of the necessary revolution in economics, as difficult as it: will be especially in the United States. We fight not because we will win but because, if we are to have a chance at remaining an organized species and society, then there is no other choice.

You will find much more in the description of part one, but for now, let’s get right back to our conversation.