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 ...
Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...
UNITED STATES - FEBRUARY 02: Stephanie Kelton, chief economist for the Senate Budget Committee's minority staff, picks up copies of President Obama's budget for fiscal year 2016, in Dirksen Building, ...
“I could buy whatever I want, an iPhone and a computer, AirPods and a Barbie Dreamhouse. A real Barbie Dreamhouse that’s big and has walls. It would be in Paris because of the Eiffel Tower. I would go ...
Modern Monetary Theory (MMT) is a controversial economic framework that has gained attention for its bold ideas on how to tackle economic issues. According to MMT, a government that issues its own ...
In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...
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 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 ...
Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory ...
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