Mar 31, 2021
Patricia and Christian talk with economist, writer, real estate market strategist and alternate member of the Supervisory Board of the Central Bank of Iceland Olaf Margeirsson about the economy of Iceland and his Job Guarantee proposal.
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For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417
A quick read describing MMT: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095
All our episodes in chronological order: https://www.patreon.com/posts/43111643
Our episode 20 with Warren Mosler on the UMKC Buckaroo (starting at 13:48): https://www.patreon.com/posts/28004824
Our episode 43 with Sam Levey on endogenous money: https://www.patreon.com/posts/35073683
Olaf’s writing:
The State Can Afford This - But Should It?: https://sibs.is/fraedsla/greinar/rikid-hefur-efni-a-thessu-en-a-ad-gera-thad/
Iceland: We Need to Talk about Unemployment – and a Job Guarantee: http://www.global-isp.org/wp-content/uploads/PN-122.pdf
Olaf’s blog: https://icelandicecon.blogspot.com/
IS-LM: an explanation by John Hicks: attached
Maastricht And All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/
Can Taxes and Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf
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Transcript for opening monologue: https://www.patreon.com/posts/49267705
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/49267564