Preview Mode Links will not work in preview mode

May 11, 2019

Steve’s guest, Ivan Invernizzi, co-founder of Rete MMT in Italy, explains that currency has an “exchange rate” within a nation’s borders.  In fact it has several, because there are different levels of discrimination in access to currency.  With geographical and class differences, the balance of power shifts...


Apr 27, 2019

Steve Grumbine’s guest is Raul Carrillo of the New Economy Project and Modern Money Network.  As an anti-poverty & economic justice attorney he has a unique perspective on the monetary system.
Raul talks about his seminal article, “The Dangerous Myth of Taxpayer Money,” and the legal history of taxation, citing...


Apr 20, 2019

Steve's guest is L. Randall Wray, a professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute.  In this 2017 interview, Wray looks at the Global Financial Crisis from both sides now. The celebrated economist tells Steve how the rise of shadow banking led to banking deregulation, opening...


Apr 13, 2019

Alan Nasser joins Steve to discuss his new book Overripe Economy: American Capitalism and the Crisis of Democracy.  Alan is Professor Emeritus of Political Economy & Philosophy at The Evergreen State College. His prediction of a new economic crisis is substantiated by a thorough exploration of the history of capital...


Apr 6, 2019

Steve’s guest is Warren Mosler, the originator of Modern Monetary Theory and author of The 7 Deadly Innocent Frauds and  Soft Currency Economics II.
 
Mosler contends that the labor market is an unfair game.  Real wages gravitate towards subsistence level and remain there, even when unemployment comes down.  It’s a...