{"id":29786,"date":"2022-11-01T13:02:37","date_gmt":"2022-11-01T17:02:37","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=29786"},"modified":"2022-11-01T13:02:37","modified_gmt":"2022-11-01T17:02:37","slug":"a-nobel-award-for-the-wrong-model","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2022\/11\/01\/a-nobel-award-for-the-wrong-model\/","title":{"rendered":"A Nobel Award for the Wrong Model"},"content":{"rendered":"<p>The <em>Institute for New Economic Thinking <\/em>has the article <a href=\"https:\/\/www.ineteconomics.org\/perspectives\/blog\/a-nobel-award-for-the-wrong-model\" rel=\"noopener\" target=\"_blank\">A Nobel Award for the Wrong Model<\/a>.<\/p>\n<p>This one is going to require a lot more thinking on my part.  I have to reconcile this description with my thought that private banks do not create money, but they create promises of money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Institute for New Economic Thinking has the article A Nobel Award for the Wrong Model. This one is going to require a lot more thinking on my part. I have to reconcile this description with my thought that private banks do not create money, but they create promises of money.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-29786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=29786"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29786\/revisions"}],"predecessor-version":[{"id":29787,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29786\/revisions\/29787"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=29786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=29786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=29786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}