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The Lens

Stephanie Kelton
Hundreds of paid subscribers

Economic analysis, research, and commentary using the lens of MMT

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Substack
PricingFreemiumPublishesTwice weekly
Issues185Founded5 years agoLast Issue10 days ago
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Latest Issues

Real Wages are Falling. It’s More Common than You Might Think.

Here are the takeaways from today’s nonfarm payrolls report:

  • Employers added 29,000 jobs

  • The unemployment rate rose from 4.1% to 4.2%

  • Average hourly earnings grew by just 0.1% month-over-month

Is 29,000 a good number or...

10 days ago
46
15

Sufferin’ Potash

This week, I’m heading to Canada for a Thursday evening event at The Vancouver Playhouse. Doors open at 6pm, and the program runs from 7:00-8:30 pm. I’ll be in conversation with Dr. Joy Johnson, the president and vice-chancellor of Simon Fr...

21 days ago
67
27

Brer Rabbit and AI Extinction

There are so many dimensions of the Artificial Intelligence (AI) conversation that interest me. But my background as both an economist, who looks at the financial system through a Minskyian lens, and a former senate staffer, who remembers w...

a month ago
84
19

Warren Mosler to Robin Brooks on Japan's Fiscal Situation

Early this morning, I took a break from working on my book to trade text messages with Warren Mosler, the canonical “father” of MMT. I had been asking for Warren’s thoughts on Japan. In particular, I wanted to know what he would say to Robi...

9 months ago
115
40

My Brief Remarks at the Annual ASSA Meeting

Today is the final day of the Allied Social Science Association’s (ASSA) annual meetings. They take place in early January each year. For most of my career, I rarely missed one, but I haven’t been for several years. It used to be a huge eve...

9 months ago
123
51

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  • Stephanie Kelton

    Professor of Economics and Public Policy at Stony Brook University. Author of the NYT bestseller The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy.

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