For decades, the Democrats have had a lot of electoral success playing to what Americans for Tax Reform founder Grover Norquist labeled the “takings coalition,” namely a huge assortment of interest ...
Economist Stephanie Kelton, whose view of modern monetary theory helped lay the fiscal foundation for big policy proposals such as the Green New Deal, will bring her expertise to SUNY Cortland on ...
Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...
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 ...
Most people think government borrowing is a problem. But according to Modern Monetary Theory, it creates income for households and businesses. Whether this is good or bad depends on the state of the ...
Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...
Arthur Laffer’s and Stephen Moore’s “Bidenomics, Also Known as MMT” (op-ed, June 24) warns that President Biden’s perpetual stimulus policies rest atop a house of Modern Monetary Theory cards that ...
Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits.
The pandemic has offered economist Stephanie Kelton a chance to help turn Modern Monetary Theory into practice. What if the federal deficit didn’t actually matter? Modern Monetary Theory explained ...
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