Category: Stephanie Kelton

The New World Order of Economic Policy

Commentary I’m not one to subscribe to conspiracies. But it sure seems strange how we got here. Just over a decade ago, Hank Paulson went to Congress and asked for a “bazooka-sized” bailout to calm global financial markets. They came up with a $700 billion price tag. At the time, a number of that size…


The New Anti-Economics

Commentary Economics is about human action and choice within the context of scarcity. The problem facing economists is how to understand and explain human betterment, which is another way of saying production. The critical question, posed correctly by economist Per Bylund, starts with scarcity as the default point for understanding purposive human behavior: Anti-economics, by…