Monday, June 1, 2026

The Smith Family Comics Continues – Episode 6 Out Now – William Mitchell – Modern Monetary Theory


Episode 6 of our new comic series – The Smith Family and Their Money Adventure – Available now. Have fun with it and distribute it to those you think would benefit…

The Smith family is a middle-class family living in a city in the world. Second generation parents are college educated and have professional careers. Their two children attend local public schools.

Please note that after episode 6, the series will become bi-weekly.

As the stories became more complex and the concepts more complex, the writing and art work became more time consuming.

Therefore, during the second half of the first season, the series will be updated every two weeks.

In episode six, we find the Smith family vacationing in Kyoto, with Elizabeth chatting quietly in a teahouse with her best friend Mariko Fujii.

Mariko and Elizabeth went to college together and became friends ever since, sharing all their intimate thoughts, hopes, and worries.

Elizabeth hinted that she was struggling with Ryan’s increasingly strident views on government and the economy, which he had picked up from hearing Professor Notard on morning television financial reports.

Mariko told Elizabeth that she was doing work on groupthink for her company, using mainstream economics as a case study.

She also said that she attended a seminar at Kyoto University where she learned about Modern Monetary Theory (MMT), but the professors in the audience were very resistant to the ideas — a perfect example of groupthink.

They concluded that if mainstream economists’ predictions were consistently and systematically wrong, then there must be something wrong with their theory.

Mariko later realizes something may have happened between Elizabeth and her old college sweetheart, Chris.

Elizabeth wasn’t ready to admit it yet.

I hope you enjoy this unfolding story.

If you identify yourself with any of these characters, then either continue spreading MMT knowledge or get our textbook and get up to speed, depending on which character you might identify with.

Any feedback you have other than “this sucks” would be greatly appreciated.

Visit website

That’s enough for today!

(c) Copyright 2023 William Mitchell. all rights reserved.



Source link

Related articles

Recession Watch: I agree with ZeroHedge

from Zero Hedge Given the long lag between recession...

Immigration, recovery and inflation | Economic Explorer

inside The Fed recently conducted a review of...

What is the household's debt situation?

CNN published an article today titled "What happened...

Confidence, news and sentiment in May

While the (ultimate) sentiment measured by the U-M...
spot_imgspot_img