An educational resource for Green New Deal advocates on "how to pay for it", featuring economic and legal insights from Modern Monetary Theory ("MMT").
Transforming Investment, pt. 2
Robert Hockett @rch371
1/ It's a #GreenNewDeal now or a Pirate Planet later.
2/ On the importance of colorful storytelling, and why Prof. Hockett says "inflation is a relation"
Managing Inflation, pt. 1
Pavlina Tcherneva @ptcherneva
1/ Most inflation is cost-push, not demand-pull. This lack of demand-pull inflation means that we have the capacity for ambitious public spending.
2/ The orthodoxy of inflation resulting from ‘too little’ unemployment is a toxic myth. There is no 'just right' number of involuntarily unemployed people.
The Federal Budget, pt. 2
Fadhel Kaboub @FadhelKaboub
The Green New Deal will be a massive endeavor, but so was World War II. We know how to do massive endeavors. We've done them before. It's a matter of deciding to do them.
2/ We want to end fossil fuel extraction, but we don't want to end people's livelihoods. So the concept of 'just transition' – and guaranteed jobs, with decent wages and benefits – is central to the Green New Deal. #JobGuarantee
