Federal Taxpayers Do Not Fund the Federal Government; The Federal Government Funds Federal Taxpayers

Well that title is blunt, isn’t it? I like blunt. That’s why I chose it. As I always say, blunt cuts through bullshit. It’s my bet that it is sure to cause irritation for those persons who play immature games of semantics with the word ’fund’. Good. Look, we all know what people mean when[…]

Professor Bill Mitchell to Speak On the 25th of September in Brighton

The growth of the Labour Party movement and the popularity of Corbyn are a response to social problems which can be traced back either directly or indirectly to the economic ideology that has defined the last four decades: Neoliberalism. Faced with issues of inequality, democracy, war and humanity’s environmental demise, never has activism been so[…]

You Need to Know Your Tobin – Ex Post Nonsense

If you are from Champaign Illinois or study economics at the University of Illinois, then you know who James Tobin is. Fig. 1: Tobin! Tobin was from Champaign Illinois. I, too, was born in Champaign-Urbana. Now, some of you might be wondering what all this “Tobin business” is that I’m up to. Well, frankly, it’s[…]