All Articles on Modern Monetary Theory

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On Paying for a Green New Deal with Modern Monetary Theory
We should perhaps not blame politicians who advocate a GND without telling us how they plan to pay for it. After all, Republican politicians have been getting elected for 40 years by promising big tax cuts without saying how they would pay for them. Still, MMT is not the solution.
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The Folly of Scrapping Stimulus
World leaders are now learning the folly of hastily declaring victory over the worst effects of the Great Recession. Turns out we’re not even remotely out of the woods after the worst economic collapse since the Depression of the 1930s. With the Great Recession consigned to the history books,...
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