Over the last three weeks, I have taken you into the liminal dimension of the economy as a blacksmith at work. Imagine the blacksmith representing our activity (GDP), his arm... read more →
I have uncovered a liminal framework—a way of looking at our current Fiscal/Debt dilemma—that could help us frame a seemingly insoluble dilemma of how to reduce national debt while continuing... read more →
Over the last two weeks, we’ve looked at real consequences of the government’s fiscal rigor mortis. We’ve also explored Modern Monetary Theory’s argument that the result of deficit spending is... read more →