All Life Is Problem Solving

Warren Mosler has an important forthcoming book called The Seven Deadly Innocent Frauds, which is, fortunately, available right now in a pre-publication version for reading and commenting from Warren’s site. Jamie Galbraith, Warren’s friend and occasional co-author has recently written a Foreword to the book, which also can serve as a Foreword to the Modern […]

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Here are nine reasons the Senate health care reform bill should be killed: 1) The bill gives almost no real help ’til 2014. In the short term, the bill does nothing about the fatalities, bankruptcies, and foreclosures that come from lack of insurance. Therefore, the very title of the bill — “The Affordable Health Choices […]

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In the previous two posts in this series I’ve examined four ideas that Warren Mosler has called “deadly innocent frauds,” (difs) and that others have variously referred to as myths, scares, and lies. Three of the difs — that Government deficits create a debt burden for future generations, take away non-governmental sector saving, and that […]

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In my last post I introduced Warren Mosler’s notion of “deadly innocent frauds,” (difs) and discussed the idea of fiat monetary systems and its implications for the first dif: “in order to spend money, the Government must first raise it through taxation, or borrow it.” In fiat monetary systems, that idea is false, which is […]

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This post is a comment on an exchange with Jason Rosenbaum appearing as replies to ralphbon’s blog post entitled “Seniors Already Have A Public Option. Does It Keep Private Insurers Honest?” Here is the exchange: LetsGetItDone: “ralphbon, Thanks for a very good analysis. Jason, in view of Paul Krugman’s recent analysis of the health insurance […]

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