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The I.O.U. in the U.S. Dollar
The I.O.U. in the U.S. DollarBy J.D. Alt One of the strangest things to understand about Modern Money Theory is why, if government doesn’t need your tax dollars in order to spend, does government tax...
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What Does Paul Ryan NOT Understand about Reserve Banking?
What Does Paul Ryan NOT Understand about Reserve Banking?By J. D. Alt It’s clear that Paul Ryan believes the Federal government uses money created by the U.S. banking industry for its sovereign...
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2012 National eBOOK Award for Architecture goes to NEP blogger
2012 National eBOOK Award for Architecture goes to NEP blogger The Architect Who Couldn’t Sing, by NEP essayist J.D. ALT has been awarded an eLIT gold award for 2012. The book, which is also...
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“Let it be Done” An Alternative Narrative for Building what America Needs
“Let it be Done” An Alternative Narrative for Building what America NeedsBy J.D. Alt Somehow a great confusion has arisen. It has divided our nation into feuding, bickering camps, caused many to view...
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Doctrine of Mathematical Impossibilities
Doctrine of Mathematical ImpossibilitiesBy J.D. Alt There’s a joke about a farmer and his pig. The pig is covered with a patchwork of large and small Band-Aids. A puzzled visitor asks the farmer: “Why...
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Mobilization and Money
Mobilization and MoneyBy J.D. Alt I’m nearly finished with a very long book that may well be the best illustration of the basic principles of Modern Money Theory available. The book is “A Call To...
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The Dilemma of the Cooperative Gene
The Dilemma of the Cooperative GeneBy J.D. Alt In the simplest terms, at some level the efforts of human society are being directed by the interaction of two genetic predispositions. The first...
View ArticleMMT and the Struggles of Political Democracy
MMT and the Struggles of Political DemocracyBy J.D. Alt A principal dilemma of the theory of modern fiat currency (MMT) is the question of how the state spends the money it issues: who decides, and by...
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Talking Points for the 99% (Part 1)
Talking Points for the 99% (Part 1)By J.D. Alt (This is the working draft of a short, targeted eBOOK directed specifically at the millennials—the huge generation of energetic, creative, and...
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Talking Points for the 99% (Part 2)
Talking Points for the 99% (Part 2)By J.D. Alt [PART I] [PART II] (This is the working draft of a short, targeted eBOOK directed specifically at the millennials—the huge generation of energetic,...
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Democratizing Sovereign Spending
Democratizing Sovereign SpendingBy J.D. Alt This past month I have been diligently working to complete my entry in a design competition to envision the “Residential Tower of the 21st Century”. At...
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DIAGRAMS & DOLLARS: modern money illustrated (Part 1)
DIAGRAMS & DOLLARS: modern money illustrated (Part 1)By J.D. Alt 1. The “unsolvable” riddle of our National Budget Being an architect, I’m fascinated by diagrams visualizing things which otherwise...
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DIAGRAMS & DOLLARS: modern money illustrated (Part 2)
DIAGRAMS & DOLLARS: modern money illustrated (Part 2)By J.D. Alt 5. TREASURY BONDS—Are they really what we think they are? Recall that in the old diagram we started out with—the one Congress seems...
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DIAGRAMS & DOLLARS update
DIAGRAMS & DOLLARS updateBy J.D. Alt * I’m most appreciative of the comments and suggestions that followed my recent post. The comments were so encouraging I decided to expand the essay slightly...
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Revising Adam Smith
Revising Adam Smith By J.D. Alt The Ebook DIAGRAMS & DOLLARS (in top 10 best-sellers on Amazon/ category money & monetary policy!) paints an optimistic picture of what “Sovereign Spending”...
View ArticleFORGET THE 1%
FORGET THE 1% By J.D. Alt All this talk about the 99% versus the 1%? I say the easiest—and likely the most useful—thing to do is just forget the 1%. Write them off. Let them have their gated...
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The Oppressive Free Lunch
The Oppressive Free Lunch By J.D. Alt Trying your best to balance the Federal Budget with a limited number of Tax Dollars—and doing so while visibly displaying great compassion for your fellow citizens...
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Rescuing the 1%
Rescuing the 1% By J.D. ALT In an earlier essay I suggested we just forget the 1%. This was an idea not entirely supported by the commentary that followed. On reflection, I’ve decided it isn’t the...
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A Business Strategy Long Overdue
A Business Strategy Long Overdue By J.D. Alt The Washington Post recently reported that Day Care now costs more—in 31 U.S. states—than a college education. In a fit of logic rarely exhibited in today’s...
View ArticleGROAF & CONTRAKSHUN
GROAF & CONTRAKSHUN By J.D. Alt Recently I came across a passage from John Steinbeck’s Grapes of Wrath: One of the Joad-clan migrant farmer characters, upon learning that “there’s a newspaper fella...
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