My responses to them are up:


MMT Responds to Brad DeLong’s Challenge - New Economic PerspectivesNew Economic Perspectives<>
By L. Randall Wray In recent days MMT has captured the attention of anyone who can fog a mirror—even those long thought dead. The critics are out in full force—from the crazy right to the insular left.

bill black's part one of his series is also up at nep

L. Randall Wray
Senior Scholar, Levy Economics Institute

Co-editor Journal of Post Keynesian Economics
ISSN 0160-3477 (Print), 1557-7821 (Online)
New Book: Why Minsky Matters: An Introduction to the work of a maverick economist, Princeton University Press

New Book: Modern Money Theory: a primer on macroeconomics for sovereign monetary systems, Palgrave Macmillan

Please make note of my new email address as I will be transitioning all email to:
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From: AFEEMAIL Discussion List <[log in to unmask]> on behalf of John Watkins <[log in to unmask]>
Sent: Tuesday, March 12, 2019 11:09 AM
To: [log in to unmask]
Subject: Re: [AFEEMAIL] Rogoff on MMT. a clear attack!

There is a hypocrisy displayed by the neoliberals. Its ok for the Fed to purchase mortgage backed securities and treasury bonds to raise stock prices, largely benefiting the top-twenty percent of asset holders who own 87% of the wealth. It’s not ok to use the Fed to help finance deficits to repair infrastructure, raise the incomes of workers, and fund social programs. The upshot: keep the wage-laborers unemployed and their incomes stagnant. Make them sweat. Reactionary neoliberals, Nancy Fraser’s term, refuse to raise taxes on the rich to fund social programs. Functional finance provides a viable alternative.

Thank you Jairo for sharing the article.

John P. Watkins

Professor of Economics

Westminster College

1840 South 1300 East

Salt Lake City, UT 84105

Office: 801 832-2628

Cell: 801 550-5834

John Watkins

From: AFEEMAIL Discussion List <[log in to unmask]> On Behalf Of Jairo Parada
Sent: Sunday, March 10, 2019 10:52 AM
To: [log in to unmask]
Subject: Rogoff on MMT. a clear attack!

Modern Monetary Nonsense | by Kenneth Rogoff<>

        [cid:[log in to unmask]]

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Modern Monetary Nonsense | by Kenneth Rogoff

Kenneth Rogoff

A number of leading progressive US politicians advocate using the Federal Reserve's balance sheet to fund expans...

Jairo J. Parada, PhD.
Phone: 57-5-3557657
Cell Phone: 311-650-0550
twitter   #jparadacor<><>