On modern monetary theory
What's wrong with Modern Money Theory: macro and political ...
The essential claim of Modern Money Theory (MMT) is sovereign currency issuing governments, with flexible exchange rates and without foreign currency debt, ...
How Reliable Is Modern Monetary Theory as a Guide to Policy?
MMT relies on dubious assertions about the causes of inflation and the respective roles of monetary and fiscal policy.
Modern Monetary Theory and Policy | American Enterprise Institute
Modern Monetary Theory and Policy ... Proponents of so-called Modern Monetary Theory emphasize that governments can always avoid defaulting on existing ...
Rethinking Modern Monetary Theory, Part 2 - CIMSEC
The Financial Foundations of U.S. Hegemony: Rethinking Modern Monetary Theory, Part 2 ... Part One introduced readers to an idea, Modern Monetary ...
Modern Monetary Theory: A Comprehensive and Constructive ...
This book offers a rigorous, detailed, and balanced analysis of the various contributions to the Modern Monetary Theory (MMT) debate, incorporating both the ...
What is Modern Monetary Theory? | Econofact
MMT's prescription for the aggressive use of fiscal policy to promote full employment is not inconsistent with conventional macroeconomic analysis.
Book Review: The Deficit Myth: Modern Monetary Theory and the ...
Stephanie Kelton dispels six key myths that have shaped the conventional understanding of deficits as inherently bad, instead arguing that deficits can ...
Modern Monetary Theory: One Way To Pay For The Green New Deal
Liberal Democrats have embraced an obscure brand of economics — "modern monetary theory" — to make the case for deficit-financed government ...
MMT and Government Finance: You Can't Always Get What You Want
The idea that a government, as the monopoly issuer of currency, can always print money to cover budget deficits and fund government spending may appear ...
Modern Monetary Theory: A Solid Theoretical Foundation of ...
This result is in stark contrast to the claims of MMT proponents. Accordingly, it is asserted that MMT is a fundamentally new theory of money ...
Dismiss MMT at Your Peril | Research Affiliates
Don't dismiss Modern Monetary Theory (MMT) as unlikely to influence policy. This heterodox economic doctrine advocates sharply increased fiscal expenditures ...
Does the National Debt Matter? A Look at Modern Monetary Theory ...
MMT has been a hot topic of late. This heterodox theory, which proposes a rethinking of how public finance works, has few fans among academic economists.
Full article: A Cosmopolitan Reading of Modern Monetary Theory
ABSTRACT. The increasingly influential neochartalist Modern Monetary Theory (MMT) comes with a nation-state-centric framing of politics. The ...
Understanding Modern Monetary Theory: Part 1 - Econlib
In this essay, I begin with an explanation of how MMTers view the role of fiscal policy. I show that they overestimate the role of fiscal policy precisely ...
TwinFocus Global Research Team Note: Modern Monetary Theory ...
This note summarizes the foundations and policy implications of MMT as well as the implications for portfolio allocation.
Modern Monetary Theory | MMT Meaning, Economics & Importance
Modern Monetary Theory is an approach to macroeconomics based on the novel idea that deficits and debt aren't necessarily detrimental to a country that controls ...
Beware Modern Monetary Theory: An Opinion on Risks
Modern Monetary Theory (MMT) represents a structural change in how we think about money, inflation and asset prices. It is an.
Coronavirus crisis: now is the hour of Modern Monetary Theory
The answer to this is Modern Monetary Theory. Its main message is that in principle there are no financing restrictions for large countries. A ...
Monetary Theory: Overview and Examples of the Economic Theory
More recently, modern monetary theory (MMT) represents a more recent and unconventional approach to monetary economics. MMT challenges the ...
What modern monetary theory is, and what it is not in - Elgaronline
The present paper analyses the merits of Drumetz/Pfister's criticism, and investigates some of the most common sources of 'misinterpretation' of MMT.