Inflation & the Politics of Pricing w/ Nathan Tankus

Money on the Left

In this episode, we talk with Nathan Tankus, Research Director of the Modern Money Network, and Research Fellow at the Clarke Business Law Institute at Cornell Law School. Nathan recently co-authored an opinion piece in the Financial Times with Scott Fullwiler and former MoL guest Rohan Gray about MMT’s position on the causes of inflation
Link to the piece: https://ftalphaville.ft.com/2019/03/01/1551434402000/An-MMT-response-on-what-causes-inflation/
In the conversation, we ask Nathan to expand upon and deepen his engagement with the inflation question in all its historical, political, and rhetorical complexity. More specifically we discuss the different historical approaches to inflation; how the Post Keynesian MMT perspective diverges from those approaches; the vital contributions of economist Fred Lee to the foundations of Modern Monetary Theory; as well as how we ought to be thinking about issues of inflation and growth as they pertain to the Green New Deal. The conversation is as compelling as it is challenging.
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