To News, Op-Eds, Essays & Reviews

Does Our Bias Against Federal Deficits Need Rethinking? • Not everyone thinks federal budget deficits are bad. Say hello to Modern Monetary Theory, where red ink primes the economic engine and underwrites social good. Or does it?
— James Heskett Harvard Business School (@HarvardHBS) April 1, 2019

MMT and Why Historians Need to Reclaim Studying Money
— Rebecca L. Spang (@RebeccaSpang) History News Network (@myHNN) March 31, 2019

When DoJ and the FCC slowed inflation
— Brendan Greeley (@bhgreeley) ‏Financial Times Alphaville, March 27, 2019

Two weeks ago Alphaville published a clarification on modern monetary theory by Scott Fullwiler, Rohan Grey and Nathan Tankus. They argued that, counter to what had been reported, MMT does not rely exclusively on raising taxes to counter inflation. Proper MMT, they wrote, uses a lot of tools to manage inflation — taxes only one among them.

Is there a better model to explain economics in the Trump era?
— James Galbraith Boston Globe (@GlobeOpinion), March 20, 2019

What Is Modern Monetary Theory? An MMT Theorist Explains
— Lizzie Francis (@lizzy__francis) talks with Fadhel Kaboub, Fatherly (@FatherlyHQ) March 4, 2019