The Unz Review • An Alternative Media Selection$
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
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Steve Keen Archive
 Steve Keen Archive

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Is It Time for a Debt Jubilee?
and • December 4, 2020
• 9,200 Words • 16 Comments • Reply
Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global... Read More
mmt-hudson-1
The Use and Abuse of MMT
, , , and • April 10, 2020
• 3,800 Words • 117 Comments • Reply
Summary After being attacked by monetarists and others for many decades, MMT and the idea that running government budget deficit is stabilizing instead of destabilizing is suddenly gaining applause from the parts of the political spectrum that long opposed MMT: the banking and financial sector, especially the Republicans. But what is applauded is in many... Read More