Worth clarifying for any unitiated that there seems to be some difference
of opinion within 'Kansas' re:current accounts. Mosler's the one who's
bullish that they're positive; the rest seem more circumspect. Hudson
especially flits between mercantilist and MMT persectives in a way that
spins my little brain
Shout out for Ellen Brown, author Web of Debt who almost got California to
consider public banking as a solution to their deficit problem. This is
great that Thom is investigating this non-Austrian, non-Chicago approach to
monetary reform.
To get the MMT position on trade balance see: google "When Exports Are a
Cost and Imports Are a Benefit: The Conditions Under Which Free Trade is
Beneficial" by Bell and Henry.
it's Ha Joon Chang, the s korean ecnomists in Cambridge.
Exports drop for 15th straight month; trade deficit narrows
The Economic Times is an English-language Indian daily newspaper published by the Bennett, Coleman & Co. Ltd., more popularly known as The Times Group.
Hidden Order How Does Economics Apply to Everyday Life Financial Speculation, Trade Deficit 1996 cl