But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration ...

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 ...

Some US politicians are advocating Modern Monetary Theory as a way to drive funding for public services. However, economists are more sceptical and suggest that this radical approach could pose ...

12, No. 4, Winter 2021 MARXISM AND MMT: How Modern Monetary The... MARXISM AND MMT: How Modern Monetary Theory Can Enrich the Debate among Marxists This is the metadata section. Skip to content viewer ...

It’s labeled modern monetary theory or MMT. I have read a few efforts to explain this concept and frankly, I would use the late President Bush’s term to best describe it: voodoo economics.

A resolution has been forwarded in the Senate to condemn an economic theory: “Recognizing the duty of the Senate to condemn Modern Monetary Theory and recognizing that the implementation of ...

Virginia’s Legislature Threatens to Open the Floodgates for Radical Gender Ideology Modern Monetary Theory, which supposedly banishes nitpicking worries about how to pay for things, is the ...

Stop worrying about debt and just go on a splurge. That's what proponents of an unorthodox economic theory called MMT, or modern monetary theory, are suggesting countries like Japan and the US ...

I have read Modern Monetary Policy in Theory and Practice: Central Banking and Financial Markets by Masaaki Shirakawa, Governor of the Bank of Japan (BOJ). The book was published in March this ...

which diverts resources from other sectors The crisis has led to the usual discussion on whether one should use monetary policy or fiscal policy to ease it.