The MMTeens

The next gen of #MMT activists dedicated to promoting modern monetary theory, post-keynesian economics, and progressive politics.

[The MMTeens @MMTeensRP]

@nick_aboagye gives a run down on Africa’s most notorious currency union; The CFA franc.
Check it out here: https://t.co/98eUNPN4Fm

[David Fields @ProfDavidFields]

We demand an apology from the #Fed.
⁦@Lprochon⁩, Guillaume Vallet, and yours truly ⁦@MonetaryBlog⁩ https://t.co/3zNy613ajL

[Fatih Kırşanlı @FatihKirsanli]

It is my pleasure to write an extended review article on inequality for The Review of Evolutionary Political Economy (REPE). I'd like to extend my gratitude to @Harvard_Press, @OxUniPress, and @penguinusa for sending me the review copies of the books. 1/4

[1834 Foundation @1834fellowship]

Congratulations to 1834 Fellow Nicholas Aboagye!
Nicholas is a political science student at @UWaterloo of Waterloo. He is interested in political economy, civic engagement, social justice, and equitable policies. #1834Fellowship

[Louis-Philippe Rochon @Lprochon]

If you want to know what bullshit looks like, smells like and tastes like. Listen to this. Larry Summers: the new face of bullshit.

[Fadhel Kaboub فاضل قابوب @FadhelKaboub]

It's always a pleasure speaking with my friend Steven Grumbine on the Macro N Cheese #podcast, but it's extra special when it's the 200th episode and when we talk about #Decolonization #Africa #Climate #Reparations #LossAndDamage #MMT
Take a listen 👇🏾
https://t.co/VmYe3rUJFu

[Himothy @vijaifrombtown]

So inflation slowed to 5.9% and the largest contributor to inflation is mortgage interest costs. But interest rate hikes are also our main tool to fight inflation? Make it make sense! Laughable.

[Nisha Patel @nishapatel]

Canada’s annual inflation rate slowed to 5.9% in January, from 6.3% in December.
- Mortgage interest cost +21%
- Food prices +10%
- Cellular services -8%

[Monetary Policy Institute @MonetaryBlog]

Brilliant new piece of historical research for the @MonetaryBlog by @tymoignee, who shows that Volcker's contemporaries on the FOMC were skeptical of monetarist ideas in the early 1980s:

THE VOLCKER MYTHS

https://t.co/Dhr1K75ZDE

Expect another blog tomorrow as well!

[sam @sam_d_1995]

“dystopian hell” is when you can conveniently get to school, work, supermarkets, and restaurants in 15 minutes without a car

[Dan Rohde @DanEricRohde]

It should be illegal for anyone to complain that "the labour market is too tight". If we see tight labour markets as a problem, then there's something deeply wrong with our policy apparatus.
https://t.co/FRl4p0eK0m via @torontostar

[Isabella M Weber @IsabellaMWeber]

Yesterday, How China Escaped Shock Therapy won the Keynes Prize @KeynesGesellsc1. The speeches by @adam_tooze and @GustavAHorn moved me to tears. Thank you!

[Louis-Philippe Rochon @Lprochon]

Monetary Policy and Income Distribution

[Monetary Policy Institute @MonetaryBlog]

In this essay, @ilhandogus introduces his concept of "Non-inflationary rate of wage growth" (NIRWaG)

He argues for this theory as an alternative to mainstream theory of a non-accelerating inflation rate of unemployment (NAIRU) - & the Phillips Curve.

https://t.co/QiP9tBgAlx

[Heterodox Economics Newsletter @heterodoxnews.bsk @heterodoxnews]

We inform with sadness that Prof. Luigi Pasinetti has passed away; the heterodox community loses a key figure in macroeconomics, guardian of that lineage started with Sraffa, followed by Garegnani and rooted with others in the so-called Oxbridge.
Rest in Power, Grande Luigi!!!

[Fadhel Kaboub فاضل قابوب @FadhelKaboub]

January 29 #Thread. #OnThisDay we celebrate The Universal Declaration of Balanced and Inclusive Education #UDBIE. Happy #BIEday! I am honored to be part of this journey at the Organisation of Educational Cooperation - OEC @OEC_OCE. To learn more,
1. watch this short video 👇🏾

[Dan Rohde @DanEricRohde]

Really happy to write a piece for the @MonetaryBlog about the Bank of Canada's mandate!
We think of the mandate of central banks as managing inflation, but this wasn't always the case. The Bank of Canada’s 1934 statutory mandate, for example, says nothing at all about inflation

[Monetary Policy Institute @MonetaryBlog]

New @MonetaryBlog essay by @DanEricRohde:

The Bank of Canada was not Built to Manage Inflation (At Least Not Alone)

https://t.co/Jk8J3kmOXY

"What might surprise some is that the Banks’ actual mandate, as set out in the Bank of Canada Act, says nothing about inflation at all."

[Atif Mian @AtifRMian]

“In the end, we will remember not the words of our enemies, but the silence of our friends.”
MLK

[Real Progressives @RealProgressUS]

RP Book Club: "Making Money Work for Us: How MMT Can Save America" by Randy Wray

Register once for all 3 sessions.

1/30 @ 8:30 pm ET, Ch. 1 & 2 w/ @tymoignee

2/6 @ 8:30 pm ET, Ch. 3, 4 & 5 w/ Yeva Nersisyan

2/13 @ 8:30 pm ET, Ch. 6 & 7 w/ Randy Wray https://t.co/0gDmp4oipm

[Macro n Cheese Podcast #MMT @CheeseMacro]

@rohangrey @willamette_u @themmtnetwork Check out this sneak peek from our upcoming ep. A Crypto, MMT Retrospective ft. @rohangrey which drops Sat. 1/14 @ 8 am ET! #LearnMMT #Crypto #MacroNCheese #EachOneTeachOne