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LPE Originals

The Deficit Myth: Banking Between The Lines

“Now, the rest is up to us because we are responsible for each other and to each other.  We are responsible to the future, and not to Chase Manhattan Bank.” –– James Baldwin This post is part of our symposium on Stephanie Kelton’s The Deficit Myth. You can find the full symposium here.  Several commenters have argued that…

LPE Originals

Breadth and Taxes

Emma Caterine explains why taxation does not need to be the bitter salve taken with every spoonful of sugar – it is and always has been a way to provide for the general welfare, and how C.J. Roberts in Sebelius may have unwittingly opened the door to an MMT approach to understanding taxation.