Despite James Mackintosh’s suggestion in “Streetwise: Modern Monetary Theory Isn’t Coming in the Future. It’s Here Now” (Markets, Nov. 22), MMT remains a niche theory endorsed by only a small but ...
MMT Policy (Modern Monetary Theory), the grand experiment, was tried following the pandemic-driven shutdown of the economy. While MMT policy proponents suggest that giving free money will boost ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
When Man learned the benefits of trading goods, centers of commerce formed, public administration arose, and civilization commenced and progressed. The need for public goods such as roads and defence ...
For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully avoided MMT in the past for a few reasons. First, because it appears to be ...
Modern Monetary Theory (MMT) tells us that governments should finance public spending by creating money. To prevent inflation, MMT advocates say, the government should use taxes to siphon off excess ...
Our old friends, the supporters of Modern Monetary Theory (MMT), made a surprise cameo on social media last week when a brief clip from their documentary “Finding the Money” went viral. In the clip, ...
Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...
Over the weekend, the New York Times published a profile of Stephanie Kelton, America’s foremost proponent of Modern Monetary Theory, a.k.a. “MMT.” A dissident school of economic thought, MMT is ...
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