'Why are governments finding it difficult to fund the services that are
competing for the 'public dollar'? Stephanie Kelton argues that the
reason is a flawed assumption about money. Instead of running fiscal
policy based on an assumed level of income (from taxes), she proposes
that the policy should be determined by what the body politic can agree
is needed and then fund as much as the economy can produce.'
- John Lounsbury
Read the rest of the story HERE:
Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
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