show episodes
 
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!
 
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show series
 
Michael Albert is one of the creators of participatory economics (parecon) and has developed a vision for a post-capitalist world that includes participatory governance. His new book, No Bosses, A New Economy for a Better World, goes into detail. From Noam Chomsky’s endorsement: *No Bosses* describes and advocates a natural and built Commons, worke…
 
**Reminder** Each episode of Macro N Cheese is accompanied by a transcript and an “Extras” page with links to related material and resources. To access, go to realprogressives.org/macro-n-cheese-podcast. In one sentence: the winners and losers of the 21st century are the countries that attract young people. Parag Khanna is a leading global strategy…
 
Dirk Ehnts, an economist from Berlin, joins us to talk about his book, Modern Monetary Theory and European Macroeconomics. In addition to discussing the current situation in the Eurozone, he helps us understand the similarities and differences between the Eurozone and the US, especially regarding the relationship between the individual states and t…
 
Somber headlines recall the 2008 financial crisis: “Global financial markets have been on high alert,” warns the BBC. “Chinese property giant Evergrande is on the brink of collapse, and analysts warn the potential fallout could have far-reaching implications that spill outside China’s borders,” says CNBC. From the New York Times: “Every once in a w…
 
This week Steve investigates the cutthroat world of local school board elections. So, get ready to get down and dirty... Just kidding! His guest, Rana Odeh, is the genuine article: thoughtful, straight forward, and unafraid to bring up uncomfortable topics. At a time when the country’s political polarization seeps into every crevice of civic and so…
 
In 2014, Nevada cattle rancher Cliven Bundy and his supporters engaged in armed confrontation with law enforcement. Bundy had been embroiled in a 21-year legal dispute with the US Bureau of Land Management. The “Bundy Standoff” was splashed across the news, allowing the public to watch as Cliven Bundy became a hero – a symbol of conservative Americ…
 
This week Steve welcomes Scott Fullwiler for the first time in two years. Scott is a research scholar at the Global Institute for Sustainable Prosperity and associate professor of economics at UMKC, where he teaches the macroeconomics PhD program. As listeners of this podcast know, UMKC is one of the two academic birthplaces of MMT. The episode beg…
 
This week we’re checking in with a couple of candidates from The New Liberals (TNL) of Australia. We’ll be learning about the traditional Australian political parties and getting an overview of how their electoral system works. Steve Keen is an old friend of this podcast. In the past he’s joined us to talk about everything from climate change to Ma…
 
Our friend John Harvey is back to answer a question that’s usually accompanied by much wailing and gnashing of teeth: “what happens if people lose faith in the dollar?” The question contains all sorts of assumptions and intentions, which the Cowboy Economist proceeds to dismember, dispelling all sorts of myths – from inflation to the Fed. (He even …
 
Modern Monetary Theory Has a New Friend in Congress said the headline of a New York Times op-ed earlier this month. That friend is House Budget Committee chair John Yarmuth, the 8th term congressman from KY. Isn’t it ironic that it’s newsworthy when the chair of the House Budget Committee understands the basic truth about the workings of the US dol…
 
MMT, at its most fundamental, shows us the difference between a currency user and the currency issuer. This reality affects policy decisions in ways it would be foolish to ignore. As Fadhel Kaboub and Bill Black explained here recently, even if it were possible to create some inadequate public programs at the state level, they will stall the progre…
 
Steve’s guest, Dr. Jason Hickel, is an economic anthropologist whose research focuses on global inequality, political economy, post-development and ecological economics. After listening to this episode, “degrowth” will become part of your vocabulary. For MMTers, it is a natural fit. Before unpacking the implications of degrowth, we need to understa…
 
Scott Ferguson serves as editor of the Money on the Left (MotL) Editorial Collective and co-host of the Money on the Left podcast. In July, he was guest speaker at Real Progressives’ event, RP Live. This week, Macro N Cheese is presenting his talk, Money and the Limits of Sovereignty, in its entirety, along with most of the Q&A discussion. Trying t…
 
Status Coup Media's co-founder and CEO Jordan Chariton joins Real Progressives’ founder and CEO Steve Grumbine for a discussion of our crumbling infrastructure, our inept and complicit corporate media monolith, and they share some ideas about our options going forward. This conversation seems like a perfectly segued culmination of Jordan’s recent R…
 
This week Steve brings back Robert Hockett to help us understand the big “I” word - infrastructure. Our focus on particular infrastructure depends on the social or public goals we have in mind. If we are a society that values mobility, we will concern ourselves with transportation infrastructure. If this were the 19th or early 20th centuries, we wo…
 
Marianne Garneau is a labor educator and organizer with the historic IWW, Industrial Workers of the World. She’s the publisher of the website Organizing.Work. According to Marianne, real-life examples of workers taking successful action anywhere, inspires, empowers and emboldens workers everywhere. The crucial tactic our labor movement currently la…
 
When Bill Black introduced us to Patrick Lovell and Eric Vaughan, they were just wrapping up production of their documentary series, The Con, about the 2008 great financial crisis. More than a year has passed and we’ve become partners on a podcast and video series, The New Untouchables: The Pecora Files. Both series have a second season; TNU’s is f…
 
Esha’s last visit to Macro N Cheese inspired Steve to read Lenin’s What Is to Be Done and John Reed’s Ten Days That Shook the World, igniting a new interest in political theory and revolutions. This, in turn, lit a fire under others on the Real Progressives’ team. In the past half year, we’ve been learning about the Russian, French and Haitian Revo…
 
In the US we are taught history from the point of view of the colonizers. The heroes are the victors, and the victors are the ruling class - the oppressors and exploiters - reconfigured to appear dashing and noble. When truth falls outside of this heroic narrative, it’s distorted or buried. Our guest this week, Pascal Robert, pulls back the curtain…
 
On Macro N Cheese, we often focus on economics - how society organizes real resources, and human life in general. We always seek ways to get our message out, to capture people’s imagination and motivate them. This week Steve talks to the director/producer of The World is My Country, a documentary about Garry Davis, who inspired and motivated millio…
 
L. Randall Wray is a founding father of Modern Monetary Theory and is always a welcome guest on this podcast. This is his SIXTH episode of Macro N Cheese. Our community recently celebrated Congressman Yarmuth’s statement in support of MMT and his shout-out to The Deficit Myth. Randy tells Steve he was invited to speak to Yarmuth and his staff in 20…
 
Cory Doctorow’s bio says he is a science fiction author, activist and journalist. He’s also a podcaster, blogger, Tweeter, and that rarest of birds, an MMTer. We invited him on to Macro N Cheese because of his article The Rent's Too Damn High: A Human Right, Commodified and Rendered Zero Sum. Steve talks to him about the multiple and complex causes…
 
Real Progressives is on a mission to bring Modern Monetary Theory to the layperson. We don’t assume you’ve studied economics, only that you’re open-minded and curious. Once the MMT light bulb goes on, it reveals a myriad of implications, making it a powerful tool for political activists and organizers. It’s almost impossible to think of a political…
 
It’s customary to think of growth as something to aspire to and celebrate. It’s one of those words with positive connotations, like progress. Growth represents our progress as a society. The MMT community has called this into question by exposing the underbelly of the most celebrated measure of economic growth, the GDP. The costs of clean-up after …
 
To unpack the confusion around the push for state-based vs federal programs, it’s necessary to understand the race to the bottom. So this is where Steve Grumbine begins his interview with Bill Black and Fadhel Kaboub. The inequities among the Eurozone nations have their parallel in the US. At both the global and national levels, the race to the bot…
 
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