MMTers Love When Governments Burn Money

MMTers Love When Governments Burn Money

Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.

Guest Post: The Forgotten History of Anti-Money Laundering Law: Where Did It Go Wrong?

Anton Moiseienko, Senior Lecturer and Research Director at the Australian National University Law School, introduces GAB readers to his new book on AML with the following observation — The contemporary anti-money laundering (AML) regime effectively prevents criminal infiltration of the economy and delivers value for money. Said no one, ever. Critiques of AML efforts abound among practitioners, policymakers and scholars alike. This near-universa…