Macro N Cheese
Macroeconomics has never been so ... delish! Macro and Cheese explores the progressive movement through the lens of Modern Monetary Theory, with hot and irreverent political takes, spotlights in activism, and the razor sharp musings of Real Progressives Founder and host Steve Grumbine. The cheese will flow as experts come in for a full, four course deep dive into the hot queso. Comfort Food for Thought!
The Lightbulb Moment with Malcolm Reavell
September 18, 2021 • 53 MIN
Malcolm Reavell of Modern Money Scotland talks about his journey into MMT activism and reveals how the UK’s financial control over his country is distorted into propaganda against Scottish independence.
When Less is More with Jason Hickel
September 11, 2021 • 59 MIN
Growth is the alibi of capitalism. But economic growth is not a proxy for human well-being. Jason Hickel explains what economists have gotten wrong and shows us how much more we could accomplish by embracing degrowth.
Money and the Limits of Sovereignty with Scott Ferguson
September 4, 2021 • 56 MIN
Scott Ferguson, co-host of Money on the Left podcast, talks about replacing monetary sovereignty with monetary capacity, agency, power, or capability.
The Flint Water Crisis with Jordan Chariton
August 28, 2021 • 55 MIN
Jordan Chariton of Status Coup joins Steve to talk about the Flint water crisis and what it's been like to be the lone media organization covering it.
Infrastructure with Robert Hockett
August 21, 2021 • 80 MIN
Robert Hockett returns to look at the shifting meaning of infrastructure and the policy surrounding it. He and Steve talk about the global supply chain, the possible return of manufacturing jobs to the US, and much more.
Organizing For Power with Marianne Garneau
August 14, 2021 • 56 MIN
Steve’s guest is Marianne Garneau, labor educator, IWW organizer, publisher of Organizing Work. They talk about the history of the labor movement and strategies for effective workers’ actions in today’s decentralized world of gigs and ubers.
The New Untouchables with Patrick Lovell and Eric Vaughan
August 7, 2021 • 73 MIN
Steve is joined by the co-creators of The Con and The New Untouchables: The Pecora Files who take us through the entire recipe for mortgage fraud, highlighting the predation and criminality at every turn from the most powerful to the most vulnerable.
The Geopolitics of the Russian Revolution with Esha Krishnaswamy
July 31, 2021 • 69 MIN
The host of Late Nights with Lenin and Soviet Summers shows us how to lift the veil of propaganda, decode the narrative, and reclaim the great lessons of history.
Beyond The Black Jacobins: The Haitian Revolution with Pascal Robert
July 24, 2021 • 61 MIN
The Haitian Revolution for those who don’t know the story and those who think they do. Pascal Robert of Black Agenda Report and This is Revolution podcast, brings the drama and the facts.
Through the Eyes of Garry Davis: The World is My Country with Arthur Kanegis
July 17, 2021 • 58 MIN
Throw away your passport and become a citizen of the world? That’s what Garry Davis did.
How We Fund Policy Matters with L. Randall Wray
July 10, 2021 • 52 MIN
Rep. Yarmuth came out of the closet as an MMTer and Steve’s guest, L Randall Wray, has background intel. Wray also talks about the interconnected pandemics of racism, inequality, climate catastrophe, and more. A national - or international - solution is the only answer.
The Rent's Too Damned High with Cory Doctorow
July 3, 2021 • 62 MIN
Cory Doctorow, a science fiction novelist and MMTer, talks about rents and home ownership, and how the loss of unions has affected more than just wages. Does technology make it possible to have an international labor movement?
An MMT Perspective: Interest Rates and Inflation with Warren Mosler
June 26, 2021 • 65 MIN
Warren Mosler joins Steve to look at economic (and environmental) lessons from the pandemic. They talk about the reality and the myths of inflation and the absurd public policy trying to prevent it. They trace MMT’s path from Bernie Sanders to Stephanie Kelton to Representative Yarmuth on C-Span.
Degrowth with Lorenz Keyszer
June 19, 2021 • 55 MIN
Growth is a good thing, right? Through MMT we’re already aware of the paradox of GDP. In this episode, Lorenz Keyszer introduces us to the concept of degrowth, an approach which allows us to establish both sustainability and equitable well-being.
The Race to the Bottom with Fadhel Kaboub and Bill Black
June 12, 2021 • 73 MIN
Econ heroes Bill Black & Fadhel Kaboub show why competition between the states makes a state-based program like #M4A an impossible dream for all but a few. A perfect episode for those new to #MMT.
Defining the World of Crypto and the Digital Commons with Rohan Grey
June 5, 2021 • 98 MIN
Rohan Grey joins Steve to talk about history, privacy, the law, political economy, and MMT.
The Case Against a Universal Basic Income with Bill Mitchell
May 29, 2021 • 59 MIN
Aussie economist Bill Mitchell says UBI is a surrender to neoliberalism’s claim that government is powerless in the face of unemployment. As if it were a natural disaster.
What Marx Got Wrong with Steve Keen
May 22, 2021 • 54 MIN
Steve Keen believes Marx contradicted himself. Maybe socialist revolution isn’t inevitable after all? You don’t need to have studied the labor theory of value to listen to this episode, but you may want to after you’ve heard it.
Chain Reactions with Mike Figueredo
May 15, 2021 • 59 MIN
Mike Figueredo of The Humanist Report joins Steve Grumbine to talk about MMT, austerity as murder, and becoming radicalized. Once the bell rings, you can never unring it.
Point Counterpoint: The Biden First 100 Days with Robert Hockett
May 8, 2021 • 64 MIN
Robert Hockett matches his cautious optimism to Steve’s skepticism assessing the Biden administration. Will we have healthcare and a Green New Deal or escalation of hostilities toward China and Russia?
The Web of Progress with Jen Perelman
May 1, 2021 • 52 MIN
Steve talks with Jen Perelman, congressional candidate and host of JENerational Change, about the limitations of electoral politics and the path to revolutionary change via a massive labor movement.
Reparations with Sandy Darity and Kirsten Mullen
April 24, 2021 • 69 MIN
156 years after being promised 40 acres and a mule, African Americans are no closer to closing the wealth gap. Kirsten Mullen and Sandy Darity join Steve to talk about their book, From Here to Equality: Reparations for Black Americans in the 21st Century.
Beyond the Deficit Myth with Brian Romanchuk
April 17, 2021 • 67 MIN
The present inflation control policy is really a wage suppression policy. We talk to Brian Romanchuk about the MMT alternative.
Fiscal Money and the European Union with Marco Cattaneo
April 10, 2021 • 57 MIN
Both Italy and California must live within strict budgets, no matter the state of the economy. Fiscal currency could help solve their problems.
When the Whistle Blows with Richard Bowen
April 3, 2021 • 67 MIN
What do Edward Snowden, Frank Serpico, Daniel Ellsberg, and Richard Bowen have in common? The Whistleblower Project names them among “the 25 times whistleblowers changed history.”
Financial Fragility with Eric Tymoigne
March 27, 2021 • 63 MIN
“Minsky's theoretical framework is really not about the crisis, it's about the process that leads to the crisis, and that's where financial fragility comes into play.” - Eric Tymoigne
Neoliberalism: The Denouement with Thomas Fazi
March 20, 2021 • 60 MIN
Is neoliberalism on its death bed? Of course not. We’re talking with Thomas Fazi.
Cancel This Podcast with Dan Kovalik
March 13, 2021 • 56 MIN
This episode is about redemption, forgiveness and conversion...vs cancel culture. Steve talks with Dan Kovalik, author of Cancel This Book.
Taming the Megabanks with Art Wilmarth
March 6, 2021 • 62 MIN
Art Wilmarth tells Steve why we need a firewall between banks and capital markets. They talk about crony capitalism and revolving doors, his new book and our new show (The New Untouchables: The Pecora Files)
Austin Needs Water with Romteen Farasat
March 3, 2021 • 14 MIN
Special release: a midweek interview with Romteen Farasat, incident commander of Austin Needs Water, about the ongoing crisis in his city. Where is the Biden administration?
Institutions with Linwood Tauheed
February 27, 2021 • 61 MIN
Steve’s guest is Linwood Tauheed, an institutional economist from UMKC. They talk about A Tribe Called Quest, the French Revolution, racism, sexism, the US Constitution, and Malcolm X.
Knowledge is Power with Rev. Delman Coates
February 20, 2021 • 57 MIN
Steve is joined by Delman Coates of the Our Money campaign, who talks about bringing MMT to the people, particularly the black community. Delman describes the “Repair & Restore agenda, centered around a federal job guarantee, free healthcare, and federal funding of public education, pre-K through college.
We Are Losing The Media War with Jordan Chariton
February 13, 2021 • 69 MIN
Jordan Chariton of Status Coup has dropped bombshell stories about Flint, former Governor Snyder, the Iowa caucuses, the DNC. So why are people so mad at him?
Reform or Revolution with Danny Haiphong
February 6, 2021 • 66 MIN
Danny Haiphong of Black Agenda Report joins us to discuss austerity, electoral politics, and the American empire. Along the way we discuss Lenin, socialism, and the left.
The Case for Scottish Independence with Kairin Van Sweeden
January 30, 2021 • 71 MIN
Kairin Van Sweeden is Executive Director of Modern Money Scotland. She talks to Steve about MMT, the Scottish National Party and why she opposed Brexit.
Focus on the Family with June Carbone
January 23, 2021 • 68 MIN
June Carbone talks about her research on the family and its implications for economic and social policy. Spoiler alert: we need a job guarantee, free education and universal basic services.
Anatomy of a Job Guarantee with Fadhel Kaboub
January 16, 2021 • 59 MIN
Fadhel Kaboub & Steve Grumbine talk about unemployment and the job guarantee. They go into the meaning of “buffer stock,” the importance of the 4th estate, and why Silicon Valley is so hot for a UBI.
The Global Scourge of Neoliberalism with Patricia Pino
January 9, 2021 • 47 MIN
You’ll get a hit of nostalgia listening to Steve Grumbine and Patricia Pino in this 2017 interview about the Corbyn and the first Sanders campaign, Brexit, Greece, the history of the EU and, of course, MMT.
Beat Back Better: Organizing in 2021 with Emma Caterine
January 2, 2021 • 61 MIN
Emma Caterine of DSA joins us to talk about why we need to organize in 2021. It has to do with class warfare, austerity politics, and Biden’s love affair with the financial industry.
Flying with Sara Nelson
December 26, 2020 • 57 MIN
Our 100th episode features labor badass Sara Nelson. She talks about MMT, union organizing, and dealing with Congress. What would it mean to have a caring economy?
A Modern Debt Jubilee with Steve Keen
December 19, 2020 • 52 MIN
Steve Keen compares the government response to COVID and WW2. Which one did more for the people? He tells us why mainstream economists need to die.. but even that might not be enough.
Imminent Collapse with L. Randall Wray
December 12, 2020 • 53 MIN
Randy Wray joins us to discuss the country’s vast needs and Washington’s inadequate response.
Solidarity with Joe Burns
December 5, 2020 • 54 MIN
Joe Burns, a labor negotiator and lawyer, talks about the past, present, and future of the labor movement. If capital is global, working class solidarity must be international.
Treasury’s Gift To The Fed with Robert Hockett
November 28, 2020 • 85 MIN
Mnuchin just killed the CARES Act.. in the middle of a pandemic. Why does Bob Hockett say it’s a gift in disguise? And what is the CARES Act, anyway? Why should we #SpreadtheFed ??
The Land Value Tax with Joshua Vincent and Rich Nymoen
November 21, 2020 • 53 MIN
If the 1% are amassing their wealth through ownership of unproductive land, and if idle, abandoned land is a blight on our communities, how can we kill both birds with one Georgist stone?
Political Sobriety with Rohan Grey
November 14, 2020 • 65 MIN
Rohan Grey talks to Steve about the limits of electoral politics and the importance of reality-based analysis. The election is over. What now?
The Public Banking Act with Rohan Grey
November 7, 2020 • 61 MIN
Rohan Grey helped craft Congresswomen Tlaib & AOC’s Public Banking Act. He’s here to explain how it works and why it’s so important for people, states and communities in crisis.
Propaganda and the Vortex of Centrism with Esha Krishnaswamy
October 31, 2020 • 66 MIN
We take a historical materialist look at today’s politics with the host of historic.ly podcast after she consults a few philosophers from Locke to Lenin.
Crisis Management with Warren Mosler
October 24, 2020 • 53 MIN
In part 2 of our interview with Warren Mosler, he talks about some disagreements within the MMT community regarding the job guarantee, swap-lines, and “mint the coin.” He gives his observations on lessons learned from the pandemic and how it can change the way we live and do business.
The MMT Sequence with Warren Mosler
October 17, 2020 • 68 MIN
The OG of MMT takes us back to basics with the story of money itself. Where does it come from and how did it get into your pocket? He explains the true function of taxing, the “national debt,” the cause of unemployment, and how MMT saved the world.
Juxtapositions with Bill Mitchell
October 10, 2020 • 58 MIN
Aussie MMT economist Bill Mitchell talks Biden and Trump, climate crisis, US healthcare, UBI, and where the movement must go from here.
Debt Deflation and the Neofeudal Empire with Michael Hudson
October 3, 2020 • 52 MIN
Renowned economist and author Michael Hudson joins us to discuss debt, the parasitic kleptocracy, and the remnants of feudalism. He and Steve look at the monolithic two-party system, where slogans like “hope and change” mean the death of hope and obstruction to change.
A Just Transition Through Participatory Governance with Cindy Banyai
September 26, 2020 • 56 MIN
We speak with a candidate of Florida’s 19th Congressional District about MMT, universal healthcare, social security, and jobs. Cindy Banyai is a mom of 3, a small business owner. and has been involved in community development for almost 20 years, collaborating with nonprofits around the world on issues such as homelessness, children’s services, education, and sustainable development.
2020 with Margaret Kimberley
September 19, 2020 • 58 MIN
The co-founder of Black Agenda Report joins Steve to talk about revolutionary change, electoral politics, the movement, and more.
Shadow Banking with Robert Hockett
September 12, 2020 • 50 MIN
Robert Hockett peers into the shadows of the shifting world of financial institutions and looks at the harm they cause. Credit is ultimately a public utility so why doesn’t it serve the public?
African Sovereignty and a Global Green New Deal with Fadhel Kaboub
September 5, 2020 • 65 MIN
Fadhel Kaboub brings his understanding of post-colonial development and the MMT lens to articulate a vision for sovereignty to the African continent.
Mutual Credit and the War on Cash with Brett Scott
August 29, 2020 • 58 MIN
Brett Scott talks about how the war on cash is a class war. He explains alternative currencies and mutual credit systems. He shows you why bitcoin is a dud.
A Lesson in Systemic Racism with Camille Walsh
August 22, 2020 • 3410 MIN
Camille Walsh talks to Steve about the constitutional rights we think we have -- but don’t. They look at the pernicious implications of “taxpayer” identity and its role in perpetuating racism and classism.
The World of Angrynomics with Mark Blyth
August 15, 2020 • 2952 MIN
Why do we have birthday parties, bar mitzvahs, graduations & funerals ceremonies - and what do these rituals have to do with risk, uncertainty and economics? Mark Blyth explains. And makes you laugh, uncomfortably.
UNI's for All with Ben Wilson and Scott Ferguson
August 8, 2020 • 70 MIN
Our guests talk about an exciting experiment in democratic economics built from the ground up.
Electing to Speak Out: Democracy Unchained with Senate Candidate Richard Dien Winfield
August 1, 2020 • 68 MIN
Our guest is a US Senate candidate in Georgia. He talks to Steve about social rights, those rights that aren’t in the constitution but need to be, including the right to a job, housing, and education at all levels. He doesn’t just support M4A, he also wants legal care for all.
Paying Ourselves to Save the Planet: An MMT Story with J.D. Alt
July 25, 2020 • 3159 MIN
JD Alt is an architect whose outlook changed when he learned Modern Monetary Theory. Now he explains why climate change isn’t too expensive to combat. In fact, if we do what is needed, a lot of people will get paid.
Banking Surveillance & Racial Taxation with Raúl Carrillo
July 18, 2020 • 61 MIN
Raúl Carrillo talks about racialized taxation and surveillance. He exposes the threat of Facebook’s Libra. Can it replace the dollar?
An Activist's Quest for Aboriginal Inclusion with Jengis Osman
July 11, 2020 • 3597 MIN
From the mountains of Cyprus to the Australian outback, Jengis Osman’s path led him to Modern Monetary Theory.
Navigating the Coming Great Depression with John Harvey
July 4, 2020 • 63 MIN
Steve’s guest is John Harvey, the Cowboy Economist. They talk COVID, climate, Democrats, Republicans, and economists.
Counterpoint: MMT’s Evaluation of AMI's Positive Money with L. Randall Wray
June 27, 2020 • 3508 MIN
Randy Wray takes us back to MMT basics while debunking AMI and “positive money.”
Rights, Justice, Equality And All Things Funky with Irami Osei-Frimpong
June 20, 2020 • 71 MIN
Our guest Irami Osei-Frimpong (the Funky Academic) will make you laugh. He also delivers truth like a gut-punch. Don't miss this episode.
Nationalizing Payroll and The Right to a Job with Pavlina Tcherneva
June 13, 2020 • 64 MIN
Here’s how the Job Guarantee improves people’s lives: public goods provisioning, rehabilitating communities, creating basic economic security. Just what we need during a pandemic.
Labor Pains with Tschaff Reisberg
June 6, 2020 • 3265 MIN
Did you know that the CARES Act gives unprecedented protection to some workers? How do you think they achieved it? (Spoiler alert: union organizing)
Revolution H'20: A Discussion with Green Party Presidential Candidate Howie Hawkins
May 30, 2020 • 62 MIN
Where does Howie come out on MMT? Where does Steve come out on greening the dollar? Listen to an interesting discussion, with some disagreement, among old friends.
A Legal Framework For a Digital Future with Rohan Grey
May 23, 2020 • 80 MIN
Rohan Grey talks about his forthcoming book “Digitizing the Dollar: The Battle for the Soul of Public Money in the Age of Cryptocurrency” and explains the meaning of #mintthecoin
Reframing Marx Through Modern Monetary Theory with Nathan Tankus
May 16, 2020 • 3178 MIN
Who said “I have Marx in my bones and you have him in your mouth”? Listen to Nathan Tankus and find out.
A Universal Basic Income vs A Job Guarantee with Claire Connelly
May 9, 2020 • 3192 MIN
All the arguments for and against the UBI or Federal Job guarantee are covered in this conversation from 2017.
The Con with Bill Black, Patrick Lovell and Eric Vaughan
May 2, 2020 • 66 MIN
Bill Black, Patrick Lovell & Eric Vaughan talk about the upcoming documentary series The Con, and tell us why criminals in the world of finance target the weak, the meek, and the ignorant
Afterberner: The Progressive Path Forward with Jamarl Thomas
April 25, 2020 • 68 MIN
Steve invites Jamarl Thomas to give his assessment of the presidential primaries, talk about what went wrong and where to go from here. He thinks it’s time for the left to get tough.
Supply Chains and Pandemics with Steve Keen
April 18, 2020 • 3052 MIN
Our guest is one of the few economists to cogently predict the global financial crisis of '08. His prediction of coming climate disaster is playing out with the coronavirus. Comprehensive reorganization is needed. He lays it out for us.
Revolutions and Reconciliations: The Bernie Sanders Movement with Ryan Grim
April 11, 2020 • 3185 MIN
From Bernie to Biden to COVID-19, Ryan Grim and Steve Grumbine have a lot to discuss about the past and the future of the left. Which one of them identifies with Arthur Fleck?
Ground Zero with Lauren Ashcraft
April 4, 2020 • 62 MIN
Lauren Ashcraft is a stand-up comic, Democratic Socialist, proponent of MMT, and now a candidate, ready to unseat an establishment Democrat in NY's 12th district.
HBCU's, Codeswitching and MMT with Matthew Robinson
March 28, 2020 • 3431 MIN
Some economists seem to forget economics is a social science. Not today’s guest. Meet the new generation of MMT.
COVID-19 with Fadhel Kaboub
March 21, 2020 • 66 MIN
What is public health infrastructure? Is it loan forgiveness? Universal paid sick leave? Public-access high-speed internet? Autonomous vehicles to make deliveries? After #COVID-19 will we be prepared for the next event? Fadhel Kaboub tells us it’s too expensive not to act
The Black Vote and The Bernie Sanders Movement with Glen Ford
March 14, 2020 • 3400 MIN
Why does the MSM claim that Black voters prefer Biden over Bernie? Listen to an insightful interview with Glen Ford of Black Agenda Report
Radical Honesty in the Age of Deceit with Warren Mosler
March 7, 2020 • 3527 MIN
In the US we only need 1% of the population to grow all the food. 7% for manufacturing. That leaves a lot of untapped human resources. What comes next is a political choice.
OK, Boomer. Great Again Isn't Good Enough with L. Randall Wray
February 29, 2020 • 3203 MIN
Why do Bernie Sanders proposals feel so familiar to baby boomers? Let Randall Wray break it down for you in episode 57.
A Road Less Travelled and the Media with Alexandra Scaggs
February 22, 2020 • 62 MIN
How did writing about Treasury markets bring Alexandra Scaggs to MMT? Join us for episode 56
The Economics of Martin Luther King Jr. with Mathew Forstater
February 15, 2020 • 3511 MIN
Mathew Forstater insists that if something can be done it can be undone. To what is he referring? Listen to episode 55 and find out.
Empire with Ajamu Baraka
February 8, 2020 • 3302 MIN
McCarthyism is the new norm, militarism is the new religion. Join us with special guest Ajamu Baraka
Colored Property: A History of Redlining with David Freund
February 1, 2020 • 3399 MIN
“Redlining” - it calls to mind the history of postwar segregation & wealth disparity. But there’s so much more to the story. Join us as David Freund guides us through it.
Sanders v. Warren and the Overton Window with Robert Hockett
January 25, 2020 • 73 MIN
We're fighting for robust fiscal expansion while they're always dulling the tip of spear. Who is behind Liz's perfidy? Can anyone ever trust her? Join us with guest Robert Hockett
Event Horizon: A Climate In Crisis with Steve Keen
January 18, 2020 • 67 MIN
Energy consumption causes the buildup of greenhouse gas.. which means the sun’s energy is no longer reflected but contained.. which affects circulation patterns in the atmosphere & ocean. What does this do to life on earth? Professor Steve Keen explains.
The Paradox of Enlightenment with Lua Kamál Yuille
January 11, 2020 • 3352 MIN
Naming claiming and blaming. How else will we achieve clarity and see how to free ourselves from the shackles of neoliberalism? Join host Steve Grumbine and special guest Lua Kamál Yuille
How to Lose an Election in 60 Days with Patricia Pino
January 4, 2020 • 3485 MIN
Our UK friend Patricia Pino helps us navigate the fault line between Labour voters and Labour MPs. Spoiler alert: it’s remarkably similar to the disconnect between Democratic voters and the Democratic Party establishment.
Reclaiming The Brexit with Bill Mitchell
December 28, 2019 • 63 MIN
Are we witnessing a mass exodus of labour from Labour? Join us as Bill Mitchell guides us through the scrambled politics of Brexit.
1000 Castaways: An MMT Journey with Clint Ballinger
December 21, 2019 • 3400 MIN
If you understand the vertical and horizontal money systems you can change the world. Join us with special guest Clint Ballinger, author of "1,000 Castaways: Fundamentals of Economics."
Austerity and the Consumer Debt Trap with Emma Caterine
December 14, 2019 • 68 MIN
Emma Caterine of DSA & Modern Money Network joins us to talk about loan sharks, payday loans, credit card debt and the great recession.
Race For Profit with Keeanga-Yamahtta Taylor
December 7, 2019 • 2803 MIN
Keeanga Yamahtta-Taylor explains the origins of her newest book Race For Profit, and discusses how housing programs for the Black community became a stumbling block to them having a safe place to live -- and another source of corporate profit.
The Green New Deal: Non-Fiscal "Pay-Fors" and Balance of Payments with Nathan Tankus
November 30, 2019 • 3451 MIN
Wondering how to pay for a Green New Deal? Nathan Tankus breaks it down in ways you probably never considered. In combination with a Job Guarantee, America could do some amazing things. With the proper political environment, it might get that chance.
The Green New Deal: Public Banking and Non-Fiscal "Pay-Fors" with Nathan Tankus
November 23, 2019 • 3027 MIN
Why is poverty so expensive? What is a true public bank? How do we guarantee housing as a right? What is a just transition? Join Steve and special guest Nathan Tankus
Repo Mania: Has The Fed Bailed Out Wall Street Again? with Nathan Tankus
November 16, 2019 • 3068 MIN
How is liquidity like monetary sovereignty? What is the repo market and why does it upset Jimmy Dore? Nathan Tankus gives the MMT perspective.
Demand Congress Serve the People with Brad Voracek
November 9, 2019 • 2948 MIN
Instead of universal basic income, let’s consider universal basic needs. Join us with special guest Brad Voracek.
The Spectrum of Monetary Sovereignty in Developing Nations with Ndongo Samba Sylla and Fadhel Kaboub
November 2, 2019 • 3224 MIN
Ndongo Samba Sylla & Fadhel Kaboub go deep into the economic problems of Africa & developing countries, showing why MMT is the only truthful lens through which to understand - and craft solutions..
Trade, Foreign Exchange and Modern Monetary Theory: A Field Guide with Bill Mitchell
October 26, 2019 • 67 MIN
Bill Mitchell’s response to pessimists about the JG: We put a human on the moon, you don’t think we can create a few jobs?
Exposed! A Serial Whistleblower's Story with Bill Black
October 19, 2019 • 67 MIN
Why do banks need bail-outs while the CEOs get rich? Who put the lies in “liars’ loans?” Why is fraud & predation rampant in the financial industry? Bill Black was there for the S&L debacle, fighting on the frontlines.
Organizing, Democracy, and Modern Monetary Theory with Mitch Green
October 12, 2019 • 3108 MIN
Steve is joined by Mitch Green of Portland DSA to talk about the Green New Deal, job guarantee, and ecosocialism.
The Role of Taxation in MMT with L. Randall Wray
October 5, 2019 • 65 MIN
The title of this episode could be Taxation 101. Economist L Randall Wray takes us through the history and many purposes, both actual and potential, of taxes.
A Green New Tomorrow: A Survival Guide with Rohan Grey
September 28, 2019 • 69 MIN
In part 2 of our interview Rohan Grey talks about debt, public banking, the Green New Deal, and the job guarantee. He dispels some notions about robots and the UBI.
The Legal Nature of Money and the History of the Federal Reserve with Rohan Grey
September 21, 2019 • 60 MIN
Rohan Grey takes us from the origins of the US dollar through the history of American banking. In the process we get a fascinating look at the class struggle that led to the development of the Fed and that persists to this day.
Sustainability in a Modern Money Economy with Steven Hail & Phil Lawn
September 14, 2019 • 64 MIN
Dr. Philip Lawn and Dr. Steven Hail, 2 Australian modern monetary theorists, talk about growth, waste, money, and the environment.
Politics, Public Banking, and the Green New Deal with Andrés Bernal
September 7, 2019 • 3378 MIN
Andres Bernal says we're meant to be infinitely creative and learn from one another. What does this have to do with MMT and the GND? Listen to episode 32 and find out.
MMT Basics with Eric Tymoigne
August 31, 2019 • 50 MIN
Hey did you know that Hyman Minsky talked about Ponzi finance? It’s all part of his financial instability hypothesis. Join us as Eric Tymoigne busts some of the more persistent myths about MMT.
Framing the Message For Economic Justice with John Harvey
August 24, 2019 • 3173 MIN
The man behind the Cowboy Economist shares his wisdom on bringing MMT to the masses.
The Emergence of FinTech and the War on Cash with Brett Scott
August 17, 2019 • 51 MIN
Which of these things are true? Bitcoin will soon replace the US dollar as the world reserve currency. The value of bitcoin is measured in US dollars. Bitcoin evangelists stand to profit from its success. Brett Scott @suitpossom breaks it all down for us.
Overcoming the Orthodoxy with Scott Fullwiler
August 10, 2019 • 57 MIN
We don’t worry about the deficit, we worry about the state of the economy, says Prof Scott Fullwiler of UMKC. If you’re interested in the history of MMT, you’ll want to hear this episode.
Wage Stagnation, Inflation and the New Normal with Mark Blyth
August 3, 2019 • 3219 MIN
What is “smoke & mirrors & bullshit?” Does a Lannister always pay his debts? For answers, be sure to listen to our latest episode, where host Steve Grumbine goes toe to toe with Prof Mark Blyth. (Spoiler alert: they actually seem to enjoy each other's company)
Genuine Hope: Completing the Roosevelt Revolution with Pavlina Tcherneva
July 27, 2019 • 60 MIN
Pavlina Tcherneva has been studying and writing about the Federal Job Guarantee since long before most of us had heard of the concept. In this episode she gives us all the ammunition we need to demand it.
Propaganda, Revelations, & Prosperity: The End of Neoliberalism with Scott Ferguson
July 20, 2019 • 3451 MIN
What makes us laugh, makes us cry, makes us horny? Steve’s guest Scott Ferguson tells us it’s neoliberalism, as it permeates our culture. In fact, it basically IS the culture. Yet he believes the current paradigm crisis is reason for hope. Tune in to find out why.
Reclaiming Europe: A Story of Monetary Sovereignty with Thomas Fazi
July 13, 2019 • 2424 MIN
Steve’s guest Thomas Fazi talks about the success of the grand neoliberal plan to disembowel the democratic process by handing over the tools of economic policy to international or supranational organizations. It’s not just the Eurozone, either. It’s happened in all the western democracies.
The Progressive Gambit and Labour in the Balance with Robert Hockett
July 6, 2019 • 64 MIN
Metabolically optimistic guest Robert Hockett returns to engage in the popular sport of political punditry. He muses on the presidential campaigns, parses the meaning of “socialism,” and proposes an entirely new system of credit allocation. Spoiler alert: it involves transforming the Fed.
Climate Refugees and the Economic Solution to Xenophobia With Fadhel Kaboub
June 29, 2019 • 64 MIN
Lessons in neoliberalism: how to destabilize an economy and propel the global refugee crisis. Steve’s guest Fadhel Kaboub of the Global Institute of Sustainable Prosperity explains the connection between neo-colonialism, climate chaos, foreign trade deficits and decades of austerity.
The History of MMT with Mathew Forstater
June 22, 2019 • 2809 MIN
Special guest Mathew Forstater was there when Modern Monetary Theory first took root in academia. He and Steve follow its history to the powerful, multi-faceted movement it is today. If you’re interested in the Job Guarantee or Green New Deal, don't miss this episode.
Our Money: From the Pulpit to the Street with Rev. Delman Coates
June 15, 2019 • 2412 MIN
Spend it, don’t lend it! The Reverend Delman Coates tells Steve that it’s time to reclaim the theology of economics, and to demand more government spending to free people from relying on private lending. The “MMT evangelist” talks about the recent launch of Our Money.
The Compelling Case for Rent Control with Nathan Tankus
June 8, 2019 • 2774 MIN
The rent is too damn high! Steve’s guest Nathan Tankus tells us why the faux rent control laws in some American cities are doing nothing to reduce ever-expanding housing insecurity & homelessness. Through the MMT lens, Nathan looks at the role of federal, state & municipal governments in exacerbating the problem, and shows us the way forward if we have the political will to take it on.
The Job Guarantee is Core MMT with Ellis Winningham
June 1, 2019 • 63 MIN
Anyone still tempted by the siren call of a UBI will be set right by Ellis Winningham & Steve Grumbine in this detailed look at everything from the history of work to the wider social benefits of a federal job guarantee. Winningham, MMT guru & educator, brings his acerbic wit & acute intellect to an episode you won’t want to miss.
Leveling the Playing Field. Reparations & Baby Bonds with Darrick Hamilton
May 25, 2019 • 61 MIN
Addressing racial & economic inequality requires bold, comprehensive programs. Darrick Hamilton lays out the principles and mechanics of some of the most vital policy proposals, reparations, baby bonds, and a federal job guarantee. Hamilton is professor of policy, economics & sociology at OSU.
Bond Markets in a Modern Money Economy with Brian Romanchuk
May 18, 2019 • 3035 MIN
Brian Romanchuk, founder of www.BondEconomics.com tells us that MMT was the first macro theory that matched the realities of the market. Since he’s Canadian, he and Steve speak of the differences in governing structure and, of course, single payer health care.
MMT Theory of Exchange Rate with Ivan Invernizzi
May 11, 2019 • 1950 MIN
Is a dollar worth more in DC or NYC than in Idaho? Yes, it is. Guest Ivan Invernizzi, of ReteMMT Italia, focuses the MMT lens on exchange rates, showing how this is yet another way that workers get screwed, simply because of their employer’s distance from the central bank.
Breaking The Chains of Oppression with Prof. Sandy Darity
May 4, 2019 • 3069 MIN
William "Sandy" Darity, economist from Duke University, explains why America needs a federal job guarantee and not a universal basic income. The FJG will address inequality, build an inclusive, stable economy, and provide socially useful services, improving the quality of life for all communities.
Public Money & The Right to a Job with Raul Carrillo
April 27, 2019 • 3082 MIN
Our guest is Raul Carrillo, an anti-poverty & economic justice attorney, who shares startling facts about the history of the monetary system. He and Steve discuss strategies, like the FJG, for progressives to challenge the power structure.
Debunking Economic Illiteracy in the Progressive Movement with L. Randall Wray
April 20, 2019 • 3298 MIN
This interview from 2017 is even better today! Economist L. Randall Wray takes on the global financial crisis, the recovery of Wall St banks vs the devastation wrought on the American people. He goes on to explain the myths & reality of Social Security & Medicare.
An Overripe Economy with Alan Nasser
April 13, 2019 • 30 MIN
Steve's guest Alan Nasser talks about his book Overripe Economy: American Capitalism and the Crisis of Democracy. He predicts a new economic crisis brought about by the disappearance of productive capital and the rise of the financialized economy.
Game Theory with Warren Mosler
April 6, 2019 • 3061 MIN
Warren Mosler, the originator of MMT, charges that the labor market is an unfair game and the gap in distribution is a result of institutional structure. With insight & clarity, Mosler explains a range of progressive policy proposals that include a job guarantee, new rules for the Federal Reserve, and a change in corporate liability laws.
The State of MMT Activism Around the World with Christian Reilly
March 30, 2019 • 3473 MIN
UK economic activist and musical comedian Christian Reilly joins Steve to talk about the 7 point MMT Manifesto and discuss ways to use economics to bridge the divide between conservatives, progressives and libertarians. Christian is co-host of the MMT Podcast.
Across the Pond MMT in the UK with Patricia Pino
March 23, 2019 • 1745 MIN
Patricia Pino, host of the UK’s MMT Podcast, untangles the confusing politics of Brexit and explains how the Eurozone furthers the neoliberal agenda. With MMT, the UK's citizens can control their own destiny.
The World of MMT with Professors Stephanie Kelton & Bill Mitchell
March 16, 2019 • 70 MIN
Two titans of MMT, from the US & Australia, talk about its past & present. Despite some local differences, they agree that the overarching progressive agenda is the same everywhere, and is impossible without MMT.
12 Years with Dr. Steven Hail
March 9, 2019 • 2993 MIN
Join special guest Dr Steven Hail and host Steven Grumbine tonight as they discuss the IPCC (Intergovernmental Panel on Climate Change) forecast. With only 12 years to address our carbon dioxide position, how does Modern Monetary Theory allow us to reverse our fate?
Environmental Justice, Sustainability and Full Employment with Fadhel Kaboub
March 2, 2019 • 62 MIN
Fadhel Kaboub from the Global Ins of Sustainable Prosperity talks with Steve about the pressing crises of climate change, poverty, and unemployment.  In an hour packed with political economy and clarity, Fadhel describes the failings of the market approach, and uses the lens of MMT to change the narrative and put forth a comprehensive solution. 
Neoliberalism with Ellis Winningham
February 23, 2019 • 100 MIN
Ellis and Steve agree with MMT experts! We can stop talking about "reducing the deficit" or U.S.A's need for "government surpluses". Time to fight wage suppression. NO MORE LIES! Federal taxes DON'T fund spending.
Metabolic Optimism with Professor Robert Hockett
February 10, 2019 • 62 MIN
In this episode of Macro n Cheese, Professor Robert Hockett of Cornell Law and a Fellow of the Century Foundation, talks about how Pelosi's PayGo is dangerously misleading. Steve and Hockett discuss the implications of a Green New Deal.  Hockett writes about law, justice, money, finance, and economics for Forbes and many other publications.
Pavlina Tcherneva on MMT, Feminism, Intersectionality & Momentum
February 9, 2019 • 1500 MIN
In this episode of Macro n Cheese, Pavlina Tcherneva of Bard College, the Levy Economics Institute, and the Center for Full Employment and Price Stability (CFEPS) joins Steve Grumbine to talk about the prominent role of women in developing and promoting Modern Monetary Theory. As one of the leading architects of what is known as the Federal Job Guarantee, she explains how redefining work will liberate families as well as the marginalized.
Putting the T in MMT with Professor Bill Mitchell
February 1, 2019 • 3360 MIN
Steve interviews Bill Mitchell on the controversial concept of “Theory” in Modern Monetary Theory, demonstrating that even the most complicated economic concepts can be made accessible to the layperson.  They take on several of the predominant criticisms of #MMT including microfoundations while taking us on a journey through macroeconomics, from Keynes and Milton Friedman including today’s New Keynesians. Now…. Enjoy the very first episode of Macro n Cheese!