Public Purpose Spending is Not Socialism – It’s the Job of the Federal Government

There is an immense problem with the term “socialism”, especially in the United States, where the word is abused endlessly by right-wing politicians, “free market” enthusiasts and now, even liberals have joined the red-baiting bandwagon, labeling former Sanders supporters, many of whom are now Stein supporters as “socialists” and any proposed economic initiatives as “socialism”.[…]

Republican Mayor Introduces a Job Guarantee. One Year Later Sees Success – No Surprise There

As many of you know, I’m a strong proponent for the initiation of a federal Job Guarantee and speak of the initiative frequently on social media, particularly Twitter where I have held live discussions on the topic. The Hunter Keane Institute, for which I will now be writing policy notes, papers and doing research, was[…]

The Australian Government is Sailing the Neoliberal Waters of Recession

For laypersons unfamiliar with monetary policy, or for those who believe in its “healing powers”, allow me to set the record straight. Today, the RBA is busy trying to stimulate growth in the Australian economy by shifting around dollars that already exist. Monetary policy is a blunt instrument that does not add needed dollars to[…]