Posts Tagged ‘Middle East

By: Andrea Terzi

If you think wars in Iraq and Afghanistan were a gigantic waste of money, chronic unemployment in peacetime may be even worse! War raises output and unemployment is not an efficient allocation of our resources. Read the rest of this entry »


3rd Mecpoc symposium

When: 20 April 2010

Where: Franklin Auditorium

  • John: Mr. Mosler - I understand and agree with your explanation of the U.S. monetary system. I also agree [...]
  • Zachary Levy: "And without a switch to a command type economy, it’s impossible to have complete full employment. [...]
  • warren mosler: The Russian default was a typical fixed exchange rate blowup. The ruble was fixed at 6.45 to the [...]
  • Robert Searle: I think when we are talking about banks, and money we are actually discussing ELECTRONIC DATA. T [...]
  • Jonathan Stanford: Was the foreign USD debt burden enough to bring Russia to insolvency during the 1998 crisis? Because [...]