MMT missionary
Midmorning, from about 8 to 11, has always been my best time for programming and graphics work. During heavy brainwork I like to have semi-interesting talk radio running in the background, to mask tinnitus and provide a sense of fake companionship. Among the available choices I've settled on the local Money-Talk station. Unlike NPR or ClearChannel, the Money-Talk yakkers are not obtrusively partisan and don't raise my blood pressure. They have a sensibly cynical attitude toward The Market, as in "It's a fraudulent mess, but you can make money if you follow our advice." Since I don't gamble, I don't need to think about buying their advice, so it's a pure spectator sport.

Recently the Ray Lucia show split off into two segments. Ray kept the first hour, and his younger sidekicks picked up the second and third hours with a livelier show. The sidekicks have been quietly pulling away from Ray's pro-Market and generally Repooflican attitude, but I didn't realize until Friday how far they intended to pull!

They spent one full hour happily interviewing Stephanie Kelton, one of the UMKC economists who are trying to restart economics on a more factual** basis. The Lucia sidekicks showed that they've been following the Bill Black / Kelton viewpoint for a while. Kelton did a good job of explaining the UMKC slant on money and deficits.

This could get interesting. Until now the UMKC brand has been known in academic and leftist circles but has never been introduced to a 'regular' mass audience.

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**Footnote on Factual: UMKC economics may be a slight improvement over the infinitely evil mass-murdering satanic Bernanke/Krugman version of econ, but it's unnecessary. The Islamic version has been around for 1300 years and is the only factual and scientific system. No new theories needed. Just open it and use it.

And a footnote on Money-talk: Though this format doesn't get my blood boiling, it does sometimes interfere numerically with work. I'm testing and debugging, trying to remember "On line 413, Vpx needs to go down by .03 and Vpy needs to go up by 3.2" ------ and at the same time the radio is saying "On futures at 4/13, EPX is down by 1.4 and ETY is up by 3.7".

  ¶ 7:22 PM