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	<title>Mecpoc</title>
	<link>http://www.mecpoc.org</link>
	<description>A forum for alternative views in economics</description>
	<lastBuildDate>Thu, 12 Jan 2012 22:32:44 +0000</lastBuildDate>
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		<title>Tobin Tax Monster</title>
		<description><![CDATA[At a time when the Loch Ness monster (that is, the Tobin tax) rears its head again in public debate, it may be useful to review why a transactions tax on currency trading is unlikely to prevent speculations or serve any genuine public purpose.
]]></description>
		<link>http://www.mecpoc.org/2012/01/tobin-tax-monster/</link>
			</item>
	<item>
		<title>The crisis and the blogosphere have opened mainstream economics up to new attack</title>
		<description><![CDATA[By: Andrea Terzi
The Economist (Dec 31, 2011) gives a good fair account of neo-chartalism, and a momentous recognition of Warren Mosler’s long fight to have it accepted!
Like all new (and meaningful) views of the world, neo-chartalism develops from a number of forerunners, whose ideas are revamped under a new format.

Built on a clever use of [...]]]></description>
		<link>http://www.mecpoc.org/2011/12/the-crisis-and-the-blogosphere-have-opened-mainstream-economics-up-to-new-attack/</link>
			</item>
	<item>
		<title>Not only in Germany: The ECB now wants export-driven growth for whole Europe!</title>
		<description><![CDATA[By: Andrea Terzi
One claimed objective of the single currency area in Europe is (or should I say was?) to create a large single market for producers. But now the ECB is pressing national governments to gear their policies to enhance competitiveness so that they can “count on external demand” and increase their net exports! Mario [...]]]></description>
		<link>http://www.mecpoc.org/2011/12/not-only-in-germany-the-ecb-now-wants-export-driven-growth-for-whole-europe/</link>
			</item>
	<item>
		<title>QE Euro-style: There is no alternative to the ECB writing the check</title>
		<description><![CDATA[By: Andrea Terzi
German central bankers (current and former) continue to voice their hostility to what the financial community now calls a Euro-style Quantitative Easing (aka big bazooka). This is the possibility that the ECB (directly, or through the EFSF) make an unlimited commitment to purchase euro bonds and remove the spreads.  Axel Weber, Juergen Stark, [...]]]></description>
		<link>http://www.mecpoc.org/2011/11/qe-euro-style-there-is-no-alternative-to-the-ecb-writing-the-check/</link>
			</item>
	<item>
		<title>Warren Mosler&#8217;s proposals for the 99%</title>
		<description><![CDATA[by Warren Mosler
1. A full FICA suspension to end that highly regressive, punishing tax and restore sales, output, and jobs.
2.$150 billion in federal revenue sharing for the state goverments on a per capita basis to sustain essential services.
3.  An $8/hr federally funded transition job for anyone willing and able to work to facilitate the [...]]]></description>
		<link>http://www.mecpoc.org/2011/11/warren-moslers-proposals-for-the-99/</link>
			</item>
	<item>
		<title>12. Income statement and net income</title>
		<description><![CDATA[Monetary incomes
Information contained in the double-entry ledger book is the source for a second key document: the income statement. Its conceptual basis stems from the notion that economic units, in any given time period, earn monetary incomes when providing productive services, i.e., by selling labor services, leasing property, lending money, and selling newly produced output. [...]]]></description>
		<link>http://www.mecpoc.org/2011/10/income-statement-and-net-income/</link>
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	<item>
		<title>Solutions to the euro crisis</title>
		<description><![CDATA[By: Andrea Terzi
Well, like all economists always do, let’s assume!
Let’s assume that Europeans have two goals:
1) Preventing sovereign debt defaults to avert a full-blown banking crisis; and
2) Saving the political project of the single currency that Europeans regard as a fundamental pillar of the integration process that started right after World War II.

Question: Should Europeans [...]]]></description>
		<link>http://www.mecpoc.org/2011/10/solutions-to-the-euro-crisis/</link>
			</item>
	<item>
		<title>Does this sound familiar?</title>
		<description><![CDATA[President Obama’s job proposal includes deeper payroll tax cut for all workers, payroll tax cuts for all businesses with payrolls up to $5 million, spending $30 billion to modernize schools and $50 billion on road and bridge projects, local government aid, employer tax credits.
Does this sound vaguely familiar?
Compare it to How to Fix the US [...]]]></description>
		<link>http://www.mecpoc.org/2011/09/does-this-sound-familiar/</link>
			</item>
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		<title>The speech by President Barack Obama we have been waiting for! (Ghost written by Warren Mosler)</title>
		<description><![CDATA[My fellow Americans,
let me get right to the point.
I have three bold new proposals to get back all the jobs we lost, and then some.
In fact, we need at least 20 million new jobs to restore our lost prosperity and put America back on top.

First let me state that the reason private sector jobs are [...]]]></description>
		<link>http://www.mecpoc.org/2011/09/the-speech-by-president-barack-obama-we-have-been-waiting-for-ghost-written-by-warren-mosler/</link>
			</item>
	<item>
		<title>2011 Mecpoc lecture</title>
		<description><![CDATA[The 2011 Mecpoc Lecture was held on 5 May, 2011 in the Franklin Auditorium.
Dr. L. Randall Wray, Levy Economics Institute and University of
Missouri-Kansas City, lectured on 
]]></description>
		<link>http://www.mecpoc.org/2011/09/2011-mecpoc-lecture/</link>
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