Pocket Change is focused on a school of economics known as Modern Monetary Theory, or MMT. MMT describes modern economies in which the national currency is fiat money that’s issued by a sovereign government. The show explains the basics of MMT and examines current events through an MMT lens.
Episode 10: The Job Guarantee with Pavlina Tcherneva
Pavlina R. Tcherneva, Ph.D., is Associate Professor and Chair at the Department of Economics at Bard College. She is also a Research Associate at the Levy Economics Institute, and a Senior Research Scholar the Center for Full Employment and Price Stability.
In this episode, Adam and Pavlina discuss the ins and outs of the job guarantee proposal.
Episode 9: MMT Critiques & Advocacy with Tyler Emerson
Tyler Emerson is the host of Good Ancestry, the podcast for aspiring good ancestors. In this episode, Adam and Tyler discuss critiques of MMT, the state of the conversation around it, and advocacy.
Episode 8: The History and Future of Money with Robert Hockett
Robert Hockett is a lawyer, law professor, and policy advocate. He is Edward Cornell Professor of Law at Cornell Law School, Professor of Public Affairs at Cornell University, Senior Counsel at Westwood Capital, LLC, and a Fellow at The Century Foundation.
In this episode, Bob and Adam discuss the history and future (including cryptocurrency) of money and banking in the United States.
Episode 7: MMT & Central Banks, Economics Departments, and Public Policy with Robert Hockett
Bob Hockett is a lawyer, law professor, and policy advocate. He is Edward Cornell Professor of Law at Cornell Law School, Professor of Public Affairs at Cornell University, Senior Counsel at Westwood Capital, LLC, and a Fellow at The Century Foundation.
In this episode, Bob and Adam discuss his views on MMT and how MMT fits into various institutions like central banks, economics departments, and governments.
Episode 6: MMT & Developing Nations with Fadhel Kaboub
Fadhel Kaboub is an Associate Professor of economics at Denison University and President of the Binzagr Institute for Sustainable Prosperity. In this episode, Adam and Fadhel discuss Fadhel's work at the Binzagr Institute and how adopting MMT-informed policies can help both developing nations and the United States.
Episode 5: State of the American Economy & Trump's Trade Policy with Warren Mosler
Warren Mosler is one of the founding thinkers of the field known as Modern Monetary Theory. In this episode, Adam and Warren discuss Warren's background, the state of the American economy, the economic effects of Medicare for All, and Trump's tax plan & trade deals.
Warren's two books (Soft Currency Economics and The Seven Deadly Innocent Frauds of Economic Policy) are must-reads for anyone looking to learn MMT. He also posts regularly on his website (moslereconomics.com) and Twitter (@wbmosler).
An educational listen, really opens your eyes to the system.
Nice work! Keep them coming!
Eye-opening! Critical info.
Adam presents MMT in a totally clear and interesting manner. Makes you think about the economy in a new way and feels like the next big idea in government. You want to get acquainted now.
This podcast is both approachable and sophisticated. It is a humanized and relatable look at a historically inaccessible topic. In this day and age, discussions like the ones Adam has on this podcast are as important as ever.