Join our June National Outreach Call with special guest Robert Hockett.
The transition from trading fish and coconuts to using recognizable modern currency happens quickly, but don’t despair if you’re feeling macroeconomically challenged! This book is written for regular folks who are interested in learning how an economy with a sovereign fiat currency works without having to attend a university program to get there.
The public have little appetite for economics. The Green Party, as laudably representative of the public, doesn’t either, which has led to their reliance on a small group of economic advisers, including Jon Bongeovanni, Howard Switzer, Sue Peters, and Rita Jacobs. I will argue that these advisers have fundamentally misled the Green Party, imposing artificial financial constraints on the Green Party’s ability to implement policies, and injecting libertarian economic ideas via fear-mongering about the national debt. Accordingly, these advisors recommend the wholesale rejection of alternative economic theories, such as MMT (Modern Monetary Theory). In this article, I will focus on Rita Jabobs’ written request to “look beyond MMT” – a title that sounds innocuous enough, but which prefaces a plethora of lies and conspiracies about MMT that are an insult to the thousands of progressives who stand by it.