New York Times reporter Jeanna Smialek stirred up a hornet’s nest in the world of economics this weekend, publishing a profile of economist Stephanie Kelton, a leading proponent of a controversial ...
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 ...
Many people are now proclaiming that the COVID-19 pandemic has provided proof positive that Modern Monetary Theory (MMT) is the only way forward for governments. To the uninitiated, MMT probably ...
Modern Monetary Theory or MMT, as it’s better known, is a recurring theme that’s not likely to go away. However, there’s nothing modern about it, it’s not about money (it’s about currency), and it’s ...
While there have been a number of pieces of late taking shots at what is called Modern Monetary Theory (MMT), I have yet to read one that has been on target. It appears that there is a great deal of ...