“The social security question is not about money, it is about whether in 75 or however many years in the future, the working population at that time will be productive enough to produce the food and housing and other necessities for itself and the non-working population at that time. That is not about money at all, but about real resources and productivity. It is also not about any ‘intergenerational transfer’ of resources.” — Mathew Forstater
Additional Resources:
Forstater, Mathew. “Can You Fall Off a Cliff and Hit a Ceiling?: On Shooting Yourself in Your Own Analogy,” CESifo Forum, 14 (June 2013), pp. 32-37.
Forstater, Mathew “The Natural Rate of Interest Is Zero,” Journal of Economic Issues, 39 (June 2005): 539-542.
Forstater, Mathew and Pavlina Tcherneva (eds.). Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey. Cheltenham, UK: Edward Elgar Publishing Limited, 2004.
Nell, Edward J. and Mathew Forstater (eds.): Reinventing Functional Finance, Cheltenham, U.K.: Edward Elgar, 2003.
Forstater, Mathew “Bond Sales,” in Cynthia Northrup, ed., History of U.S. Economic Policy, 1600s-2000: An Encyclopedia, ABC-Clio, Vol.1, p.30. 2003.
Forstater, Mathew. “A General Framework for the Analysis of Currencies and Commodities” (with Warren Mosler), in Paul Davidson and Jan Kregel (eds.): Full Employment and Price Stability in the Global Economy,” Cheltenham, UK: Edward Elgar, 1999.
Forstater, Mathew. “Robert Eisner’s Common-Sense Commitment to Full Employment and Activist Fiscal Policy,” Journal of Economic Issues, 33 (June 1999).
Forstater, Mathew. “Functional Finance and Full Employment: Lessons from Lerner for Today,” Journal of Economic Issues, 33 (June 1999).
Forstater, Mathew. “The European Economic and Monetary Union: Introduction,” Eastern Economic Journal, 25 (April 1999).
