A billion years ago, James and Jay worked together programming Perl.
James was passing through town, was kind enough to offer himself up for recording
a podcast episode. Turns out, James has been teaching Modern Monetary Theory
(MMT) for years. Several episodes of this podcast include Jay spouting nonsense about MMT,
If you’d like to call into the show, you can leave a voicemail at +1-402-577-0117.
Consider giving us $1 a month on Patreon
so we can waste your money instead of our own. :)
Thanks to Webberized! A great podcasting studio in Omaha Nebraska!
To Learn More About Modern Monetary Theory (MMT), Jim recommends:
Book: The Deficit Myth:Modern Monetary Theory and the Birth of the People’s Economy (2020)
by Stephanie Kelton
Mailing List: The Modern-Monetary-Theory Google Group
Bibliography: ActivistMMT
James Keenan writes a Substack blog, “Political Economy Watch”Other links mentioned in the episode:
0m: Musical intro by Skytrekg! Click to follow him on Twitch! An amazing traditional (oil, guache, etc) artist, guitarist, and singer.
NYC Deficit Owls (Modern Monetary Theory/MMT)
AppliedMMT Podcast w/ Adam Rice
The New School For Social Research - Political economy and capitalism. Including tracks: Marxist economics and post-Keynesian economics.
Adam Smith
David Ricardo
Hyman Minsky
L. Randall Wray
Modern Money Theory: A Primeron Macroeconomics for Sovereign Monetary Systems, Second Edition
UMKC Department of Economics
Henry George School of Social Science
Green New Deal
Wynne Godley
Marginal utility
Heterodox economics
Edward J. Nell
Mathew Forstater
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry by William K. Black
Chautauqua movement
R.E.A.S.O.N.: Rationalists, Empiricists And Skeptics Of Nebraska
Warren Mosler
Bill Mitchell
Levy Economics Institute of Bard College
Collapse of Silicon Valley Bank
The Bonfire of the Vanities by Tom Wolfe
Progress and Poverty: An Inquiry in the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth… The Remedy by Henry George
Lawrence Summers
Neoclassical economics
Microeconomics
John Maynard Keynes
How to Pay for the War
The General Theory of Employment, Interest and Money
YouTube: War Bonds Commercial with Bette Davis in 1943
How to Pay for the Green New Deal
Corvée labor
Hut tax
2017-01: Trump becomes President.
2020-03: Round 1: $1,200 per income tax filer, $500 per child (CARES Act)
2020-12: Round 2: $600 per income tax filer, $600 per child (Consolidated Appropriations Act, 2021)
2021-01: Biden becomes President.
2021-03: Round 3: $1,400 per income tax filer, $1,400 per child (American Rescue Plan Act)