What do all of us need to know about how money is produced? Why are balanced government budgets so destructive? What are some of the problems that accompany balanced government budgets?
To discuss this and more, our guest for the hour is Ann Pettifor, director of the London-based organization PRIME, or Policy Research in MacroEconomics. Her recent book, “The Production of Money,” lays out history’s most misunderstood invention: the money system.
To learn more about the Wisconsin Executive Budget for 2017-2019 discussed in today’s program, click here.
But first, an open line where callers discuss what’s on their mind.