MoneyWeek on MSNOpinion
Modern Monetary Theory and the return of magical thinking
In orthodox economics, the idea of printing money to solve a nation’s problems is near-universally seen as a very bad one. In ...
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“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 ...
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 ...
How Far Will Experimenting on the Unborn Go? The War on Christmas (Eating, Drinking, Fun) All the President’s Ships What Happened with Wes Moore’s Doctorate? New York Public School Introduces BIPOC ...
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 ...
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, ...
Constantly over the past decade, progressive economists and econo-bloggers have called on Democrats to spend boldly, run trillion-dollar deficits, and not worry about balanced budgets. Modern Monetary ...
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 ...
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