Category Archives: Framing and Language

Australia’s national broadcaster puts out economic misinformation

I am using today to sketch out some ideas for my next book with Thomas Fazi as a follow up to Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Books, 2017). I am also lying … Read the rest of this entry »

Posted in Fiscal Statements, Framing and Language, Music | 11 Comments

Progressive cause in Australia seriously undermined by … progressives

I am travelling most of today with heavy commitments at the other end so only a short blog today with some great music to calm the soul. Yesterday, a group of high-profile, so-called progressives in Australia placed a paid-for advertisement … Read the rest of this entry »

Posted in Demise of the Left, Framing and Language, Friends like this, Music | 49 Comments

On the path to MMT becoming mainstream

Over the last few years, it is clear that Modern Monetary Theory (MMT) is achieving a higher profile and the attacks are starting to come thick and fast. I see these attacks as being a positive development because it demonstrates … Read the rest of this entry »

Posted in Debriefing 101, Economics, Fiscal Statements, Framing and Language, Job Guarantee, Reclaim the State | 33 Comments

Neoliberal economic Groupthink alive and well in Europe

It is Wednesday so only a couple of snippets today. I was going to write about the BBC’s ridiculous attempt to portray Jeremy Corbyn as a sort of Russian-spy-type-dude in its Newsnight segment last Thursday (March 15, 2018). They manipulated … Read the rest of this entry »

Posted in Eurozone, Framing and Language, Reclaim the State, UK Economy | 9 Comments

There is no European citizen – cultures and narratives diverge in the Eurozone

I have noted before that when someone asks me where I come from I immediately (and innately) respond Australia. If questioned further I might tell them I grew up in Melbourne, Victoria. Sure enough, I am a Victorian (with some … Read the rest of this entry »

Posted in Eurozone, Framing and Language | 14 Comments

Censorship, the central bank independence ruse and Groupthink

A few things came up late last week which demonstrate the neoliberal Groupthink is alive an well at the highest levels of policy in Australia (and elsewhere). First, there was a story that a report from an Australian Broadcasting Commission … Read the rest of this entry »

Posted in Central banking, Fiscal Statements, Framing and Language, RBA decisions, Reclaim the State | 17 Comments

The bond vigilantes saddle up their Shetland ponies – apparently

Last week (February 8, 2018), we witnessed the US Senate spectacle with Rand Paul embarrassing himself with his lack of economic knowledge but also embarrassing both major parties – the Republicans for their gross hypocrisy and the Democrats for their … Read the rest of this entry »

Posted in Economics, Fiscal Statements, Framing and Language, US economy | 17 Comments

When neoliberals masquerade as progressives

One wonders what goes on in the heads of politicians sometimes. Perhaps not much other than a warped sense of their purpose in life – which for some seems to be to advance themselves rather than advance societal well-being. In … Read the rest of this entry »

Posted in Britain, Fiscal Statements, Framing and Language, UK Economy, US economy | 16 Comments

Paradigm shift – not from the CORE Econ Project – as mainstream as you will get

Next Friday (September 22, 2017), I will be presenting at a panel on developments associated with the proposed MMT University and our new MMT Macroeconomics textbook, which will be published by Macmillan in April 2018. The panel will present during … Read the rest of this entry »

Posted in Framing and Language, MMT Textbook | 12 Comments

The role of literary fiction in perpetuating neo-liberal economic myths – Part 2

In The role of literary fiction in perpetuating neo-liberal economic myths – Part 1, I noted introduced the idea that fictional literature plays a significant role in framing false economic concepts and, thus, can promotes neo-liberal biases among the readership, … Read the rest of this entry »

Posted in Fiscal Statements, Framing and Language, US economy | 13 Comments