Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an ...
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 ...
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 ...
The Russian Advance on Some Fronts in Ukraine Is Literally ‘Slower Than a Snail’ The Oldest Trick in the Book French Senate Rejects Assisted Suicide Audio By Carbonatix For decades, the Democrats have ...
1. Modern monetary theory and the case for gold. With central banks around the world loosening monetary policy in response to flagging growth and possible trade-war fallout, modern monetary theory ...
The economist known as the godfather of Modern Monetary Theory is sounding an alarm on the rising fiscal deficit, saying that America is spending like a “drunken sailor.” American economist Warren ...
“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 ...
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 ...
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 ...
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...
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 ...
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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