↧
What Is "A Government Sovereign In Its Own Currency"?
Body: Deficit hawks in the United States envision a day when the United States Government will go broke, unless we curb government spending on entitlements. Well, governments can go broke in the sense...
View ArticleFiscal Solvency, Sustainability, and Confusion
Body: Professor Pavlina Tcherneva, one of the speakers at the recent Fiscal Sustainability Teach-In Counter-Conference, in a striking post entitled “Do Not Confuse Solvency with Sustainability,” says...
View ArticleTalking the False Choice Blues
Body: On Friday, Glenn Greenwald did a piece called "What Collapsing Empire Looks Like," in which he contrasted the cutbacks in essential domestic spending throughout the country with the "no problem"...
View Article