The June 2018 episode of “Glen’s Parallax Perspectives” examines a proposal for a rapid conversion to a green economy—and rapid progress to full employment and meeting other urgent needs—based on some fresh thinking about economics. This interview can open a lot of people’s eyes to recognize a bold and practical way to solve a variety of problems.
Conventional thinking says we can’t afford it, but this interview explains how the Modern Monetary Theory (MMT) approach would allow us to solve problems without causing economic problems. Full employment, a green economy, and other benefits really are possible if the federal government would use MMT’s insights.
Our guest – Randy Mandell – has a long background working on climate, global economics, and MMT. Conventional economic and political thinking is bogged down by mistaken notions of what money is, and how federal spending works. Randy Mandell corrects those misunderstandings and explains the exciting opportunities. Many smart economists (including Stephanie Kelton, the top economic advisor to Bernie Sanders’ 2016 presidential campaign) have been urging MMT as a powerful, practical remedy to our nation’s economic problems.
The end of the blog post (see below) lists many excellent sources of information including videos, articles, books and organizations.
Everyone everywhere can watch this interview – and/or read a thorough summary of what we said – through the “TV Programs” part of my blog, www.parallaxperspectives.org. Each program is also posted to one or more categories listed on the blog. Cable TV subscribers in Thurston County can watch this interview on Thurston Community Television (TCTV) three times a week throughout the entire month: every Monday at 1:30 pm, every Wednesday at 5:00 pm, and every Thursday at 9:00 pm.
Glen Anderson, the
TV series’ producer/host at