Nathan Tankus on Public Finance in the COVID-19 Crisis: A Consolidated Budget Balance View and its Implications for Policy

Nathan Tankus is the director of research at the Modern Money Network, and a research fellow at the Global Institute for Sustainable Prosperity. Nathan is also the author of a number of articles on the Fed's recent activity at his Substack page titled “Notes on the Crises.” Nathan joins Macro Musings to talk about the post-Keynesian view of money, central bank independence, and the consolidated view of public finance, as well as evaluate the policy responses by the Fed and Congress to COVID-19.   Transcript for the episode can be found here.   Nathan’s Twitter: @NathanTankus Nathan’s Substack page: https://nathantankus.substack.com/   Related Links:   Bonus segment with Nathan: https://youtu.be/VPl0LYgttYI   *Monetary, Credit, and Fiscal Policies: A Collection of Statements Submitted to the Subcommittee on Monetary, Credit, and Fiscal Policies by Government Officials, Bankers, Economists, and Others (specifically a comment made by Albert G. Hart) by the Joint Committee on the Economic Report https://fraser.stlouisfed.org/files/docs/historical/congressional/1949jec_mcfpstate.pdf#page=332   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth