My 2 Cents Adjusted for Inflation -  Ep 9 - Business Card Analogy pt 1 from Warren Mosler
Channel: 2centsadjustedforinflation MMT
Date: 22/11/2017

My 2 Cents Adjusted for Inflation - Episode 9 - Business Card Analogy pt 1 from Warren Mosler.

Warren Mosler developed this story and articulated it much better than I have. This is my first attempt at a retelling - they say the best way to learn is to teach - you can watch Warren Mosler deliver the original, and the best, here: https://www.youtube.com/watch?v=HxcZBmUzplk 
and here:  https://www.youtube.com/watch?v=Z1uWVj0YJ3M

Also, please watch Steven Hail here: 

Steven Hail in The Conversation and MMT Presentation: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095

and here: https://www.youtube.com/watch?v=qBpm5sVmGYc

This video series attempts to recommend policy prescriptions that advance public purpose using a Modern Monetary Theory (MMT) framework. 

To inform this video, I have been reading the work of MMT founders, writers and activists including Bill Mitchell, Warren Mosler, L Randall Wray, Stephanie Kelton, Pavlina Tcherneva, Michael Hudson, Marshall Auerback, Fadhel Kaboub, Steven Hail, Rohan Grey, Steve Grumbine, Ellis Winningham and many, many others to whom I owe a debt of gratitude for their teachings. 

Please read their work for a more detailed explanation of Modern Monetary Theory. 

Bill Mitchell's Blog: http://bilbo.economicoutlook.net/blog/

Warren Mosler's free e-book 'Seven Deadly Innocent Frauds of 
Economic Policy: http://moslereconomics.com/wp-content...

L. Randall Wray's MMT Primer: http://neweconomicperspectives.org/mo...

Stephanie Kelton's Angry Birds MMT presentation: https://www.youtube.com/watch?v=d57M6...

Ellis Winningham: http://elliswinningham.net/

Many thanks to the artists who have produced and submitted works to the creative commons that feature in this video.

Stay in touch! Email: my2centsadjustedforinflation@gmail.com