#18 John T. Harvey: Macroeconomics Done Properly (part 1)

In this engaging discussion, John T. Harvey, a Professor of Economics at Texas Christian University and Forbes contributor, sheds light on macroeconomics and Modern Monetary Theory. He critiques common misconceptions about government spending and examines how individual spending drives income. Harvey tackles the debate between job guarantees and universal basic income, emphasizing the importance of structured support systems. The conversation also touches on the vital role of government in funding public goods and the historical context surrounding fiscal responsibility.