A national depository system - radical banking alternative - William F. Hummel A near melt-down of the global financial system in 2008 sparked renewed inter- est in banking reform as well as alternatives to the current banking system, whose modus operandi is widely believed to be a root cause of … [Read more...]
We wrecked the planet
We wrecked the planet but if the young just read the Washington Post they will only blame us for the national debt! - Dean Baker You have to love Robert Samuelson. He writes a column noting that baby boomers are leaving the workforce, and some are dying off, leaving the country to our children … [Read more...]
Employment for All
Employment for All - Asad Zaman An article published in the leading Pakistani newspaper Dawn [1] explains, and makes a case for, the Job Guarantee (JG) programme of Modern Monetary Theory (MMT). Global experience shows that market economies create massive inequalities, enriching the top … [Read more...]
Should all student loans be waived?
Should all student loans be waived? - Editor The following question, which appeared recently in the forum Quora [1], is set in the context of the U.S. but happens to be more generally applicable: Q: The U.S. has 44 million borrowers who owe 1.5 trillion dollars in student loans. Should these loans … [Read more...]
