News, Op-Eds, Essays & Reviews

In creating this site, it is our speculation that the time is right for observations from academia about how money works to emerge in more mainstream outlets concerned with a wider range of topics. The pieces we spot are below. To read the people who have done the heavy lifting over the past years, we recommend you also look at our Useful Blogs page under the Resources menu tab.

Use Fiscal Policy, Not the Fed, to Fight the Next Slump
— — Stephanie Kelton (@StephanieKelton), Bloomberg View, March 19, 2018

Killing a Parasite, Part 2 — How to Implement Student Debt Cancellation
— Gaius Publius (@Gaius_Publius), The Smirking Chimp, March 12, 2018

Stephanie Kelton explains how the government budget affects the economy and the mechanics of student debt forgiveness
— Matthew C. Klein (@M_C_Klein), Financial Times Alphaville, March 10, 2018

Blowing Up Some of the Biggest Myths About the Economy and the Deficit
— Paul Sliker (@psliker), Michael Palmieri, Dante Dallavalle (@Drax138) Alternet, March 9, 2018

Picture the United States Without Student Debt
— Richard Eskow (@rjeskow),, Feb 27, 2018

MMT economists look at debt, deficit differently
— Max Mastellone (@MaxMastellone), La Cruces Sun-News, Feb. 27, 2018

Opinion: Provide Jobs for All and End Poverty
— Chuck Lynd, Columbus Underground, Feb. 26, 2018

The Radical Left-Wing Theory That the Government Has Unlimited Money
— Tom Streithorst (@TomStreithorst), Vice, Feb. 27, 2018

Killing a Parasite — Canceling Student Debt, Part 1
— Gaius Publius (@Gaius_Publius), DownWithTyranny, Feb. 27, 2018

Canceling student debt could be the answer to growing the economy
— Ashley Curtin (@AshlyCurt), Nation of Change, Feb. 15, 2018

How Progressives Can Criticize Trump’s $7 Trillion Deficit Without Preaching Austerity
— Kate Aronoff (@KateAronoff), In These Times, Feb. 13, 2018

Want To Stimulate The Economy? Cut Student Debt–Not Taxes
— Ben Schiller (@btschiller), Fast Company, Feb. 12, 2018

More Support For Student Debt Cancellation
— Gaius Publius (@Gaius_Publius), Down With Tyranny, Feb 10, 2018

We Must Cancel Everyone’s Student Debt, for the Economy’s Sake
— Eric Levitz (@EricLevitz), New York Magazine, Feb. 9, 2018

But where will we find the money?
Renegade Inc.’s Claire Connelly follows up on a video interview with Redacted Tonight’s Lee Camp (@LeeCamp) with additional comments on how government spending works. (@RedactedTonight) (@Renegade_Inc)
— Claire Connelly (@_claireconnelly) Renegade Inc. Feb 9, 2018 (5:23)

Canceling $1.4 trillion in student debt could have major benefits for the economy
— Jillian Berman (@JillianBerman), Market Watch, Feb. 8, 2018

Want to grow the US economy? Cancel student debt, new report shows
— A.P. Joyce (@AndrewPaulJoyce) Mic, Feb. 6, 2018

THE SHIFT: Understanding and Using America’s Fiat Money
— J.D. Alt, New Economic Perspectives, Feb. 2, 2018

The case for erasing every last penny of student debt
— Ryan Cooper (@ryanlcooper) The Week, Feb. 2, 2018

The Macroeconomic Effects of Student Debt Cancellation
— Dr. Stephanie Kelton (@StephanieKelton), Dr. Scott Fullwiler (@stf18), Dr. Catherine Ruetschlin, Dr. Marshall Steinbaum, The Sanders Institute, Feb, 2018

How to Spend Trillions on ‘Infrastructure’
— Stephanie Kelton (@StephanieKelton), The New York Times, Jan 31, 2018

We don’t need a balanced budget amendment (Daily Mail) ““We changed our monetary system, but not our economics textbooks.” In the post gold-standard era, taxes paid to the national government do not — repeat, do not — pay for The Pentagon or new curtains for the Oval Office.”
— Alan R. Knight, Charleston Gazette-Mail, Jan 29, 2018

Answers from the MMTers
— Stephanie Kelton (@StephanieKelton), Randall Wray, Naked Capitalism, Jan. 11, 2018

Instead of Worrying About Budgets and Deficits, Ask About Impact
— Stephanie Kelton (@StephanieKelton), Truthout, Jan. 9, 2018

Modern Monetary Theory: the economic basis for expanded social spending and greater shared prosperity
— Cory Doctorow (@doctorow), boingboing, Jan. 8, 2018

Reclaiming the Tax: Foregrounding the Public Covenant
— David Fields, Radical Political Economy, Jan. 8, 2018

Happy New Year– So How Do We Pay For All The Stuff Bernie Is Campaigning On?
— Howie Klein (@downwithtyranny), DownWithTyranny, Jan. 6, 2018.

“But How Will We Pay for It?”: Modern Monetary Theory and Democratic Socialism
— Sean Keith and Alexander Kolokotronis, Truthout, Jan. 2, 2018.

Democrats Are Attacking The GOP For Its Hypocrisy On Deficits. That Might Be A Mistake.
— Daniel Marans (@danielmarans), HuffPost, Dec. 23, 2017.

The Job Guarantee & Social Justice (w/ Pavlina Tcherneva)
— Pavlina Tcherneva (@ptcherneva), Adam Simpson (@Adam Simpson), Cecilia Gingerich (@c_gingerich) The Next System Podcast (transcript), Dec. 20, 2017.

Does the Republican tax cut mean deficits don’t matter?
— Tim Fernholz (@TimFernholz), Quartz Media, Dec. 15, 2017.

Wait, Should We Care at All About the National Debt? As Democrats bash Republicans for pushing an expensive tax cut package, we asked if Americans should be concerned about rising debt.
— Liviaa Gershon (@LiviaGershon), Vice, Dec. 8, 2017.

Actually the magic money tree does exist, according to modern monetary theory: As the political climate turns against the acceptance of austerity, a new book argues it is time to reject the hegemony of neoliberalism
— Youssef El-Gingihy (@ElGingihy) The Independent, Nov. 5, 2017.

Democrats need to stop whining about the deficit
— Pedro Nicolaci da Costa, Business Insider, Nov. 3, 2017.

The Fed Chair Should Be a ‘Principled Populist’
— Stephanie Kelton & Paul McCulley, NY Times, Oct. 30, 2017.

The Dangerous Myth of ‘Taxpayer Money’
— Raúl Carrillo &amp (@RaulACarrillo), Jesse Myerson (@JAMyerson), Splinter News, Oct. 19, 2017.

How We Think About the Deficit is Mostly Wrong
— Stephanie Kelton, NY Times, Oct. 5, 2017.

Congress can give every American a pony (if it breeds enough ponies)
— Stephanie Kelton, LA Times, Sept. 29, 2017.

The Debt Ceiling and #MinttheCoin: Another Teachable Moment for a Sustainable Money System
— Mike Sandler, Huffington Post, Sept. 5, 2017

Modern Monetary Theory and Local Alternative Economies
— Max Mastellone (@MaxMastellone), Medium, Aug. 15, 2017

We can become that alternative reality
— Max Mastellone (@MaxMastellone), La Cruces Sun-News, Aug. 1, 2017

Our Government is Seriously Lying to Us About the Economy
— Max Mastellone (@MaxMastellone), Medium, July 13, 2017

How economists and politicians gave up on employment in favour of alchemy
— Steven Hail, June 27, 2017.

It’s Time for the Government to Give Everyone a Job
— David Dayen (@DDayen), The Nation, May 19, 2017

The Rock-Star Appeal of Modern Monetary Theory
— Atossa Araxia Abrahamian (@atossaaraxia), The Nation, May 8, 2017.

Smart People talk about Government Buying — The political framing around numbers stops us talking about what actual drives an economy — buying things.
— Neil Wilson (@neilwilson), Medium, Sept. 6, 2016

MMT on a Postcard
— Lambert Strether (@LambertStrether), NakedCapitalism, May 29, 2014

The World According to Modern Monetary Theory
— Rebecca Rojer, The New Inquiry, April 11, 2014

Modern Monetary Theory is an unconventional take on economic strategy
— Dylan Matthews (@dylanmatt), The Washington Post, Feb. 18, 2012.

MMT, The Euro And The Greatest Prediction Of The Last 20 Years?
— Cullen Roche (@CullenRoche), Seeking Alpha, Nov. 7, 2011.

Krugman Taken to the Modern Money Cleaners
— L. Randall Wray, HuffPost, Oct. 14, 2011.

Ignore the Raters
— L. Randall Wray, The New York Times, April 18, 2011.

Taxes For Revenue Are Obsolete
— Warren Mosler (@wbmosler), Huffington Post, June 18, 2010.

In Defense of Deficits
— James K. Galbraith, The Nation, March 4, 2010.

The Federal Budget is NOT like a Household Budget – Here’s Why
— L. Randall Wray, NakedCapitalism, Feb. 11, 2010.