Monthly Archives: January 2012

New MMTer on the Block

Luke Williams, another Australian MMT proponent blogs at and draws my attention to his flow of funds model.

Flow of funds

There’s not much on Luke’s blog at the moment but blogging is a slow process when you’re attempting to be factually correct.  Check it out at  Nice to have more locals on the scene.


2011 in review

The stats helper monkeys prepared a 2011 annual report for this blog.

Here’s an excerpt:

The concert hall at the Syndey Opera House holds 2,700 people. This blog was viewed about 39,000 times in 2011. If it were a concert at Sydney Opera House, it would take about 14 sold-out performances for that many people to see it.

Click here to see the complete report.

John Quiggin vs. Bill Black

Happy New Year!

Happy Federation Day! Can  you believe it has only been 111 years?  Are we young or what?  But wise beyond our years…well for the most part.

Thanks to Plutocracy Files and Occupied Media, here is Australia’s version of Paul Krugman versus  MMTers favourite White Collar Criminologist Bill Black

Here’s Australia’s John Quiggin on OWS & fraud

Versus UMKC William K. Black on OWS & fraud

What I’d really like to see is a Neochartalist/MMT debate between Pavlina Tcherneva and John Quiggin or Stephanie Kelton and John Quiggin.  Professor Quiggin seems sympathetic to Pavlina as a choice based on Facebook interactions hence my preferred choice; as John Quiggin is currently a Hinkley Visiting Professor at Johns Hopkins University it doesn’t seem entirely beyond the realms of possibility.