On Modern Monetary Theory
Modern Monetary Theory (MMT): Definition, History, and Principles
Modern Monetary Theory (MMT) is a macroeconomic theory that says government spending should not be restrained by fears of rising debt.
Modern monetary theory - Wikipedia
According to MMT, governments do not need to worry about accumulating debt since they can pay interest by printing money. MMT argues that the primary risk once ...
Modern Monetary Theory: A Critique | Cato Institute
MMT wants to use taxation to manage the money supply rather than for government financing purposes. MMT wants to shift the management of monetary policy from ...
A Primer on Modern Monetary Theory | Fraser Institute
The essential message of MMT is that there is no financial constraint on government spending as long as a country is a sovereign issuer of ...
Is This What Winning Looks Like? - The New York Times
M.M.T. theorists argue that society should feel capable of spending to achieve its goals to the extent that there are resources available to ...
What is Modern Monetary Theory (MMT)? : r/AskEconomics - Reddit
I picked up "The Deficit Myth" by Stephanie Kelton on a whim and began to read what seemed to be a "too good to be true" economic argument.
Modern Monetary Theory, explained | Vox
Modern Monetary Theory, explained · Modern Monetary Theory · The theory, in brief, argues that countries that issue their own currencies can ...
Why is modern monetary theory so important? - YouTube
Some people argue that modern monetary theory is irrelevant or that it changes nothing. They're wrong. MMT fundamentally reframes the power ...
Modern Monetary Theory: A Wrong Compass for Decision-Making
This article presents the MMT approach to money and monetary policy, and discusses its recommendations regarding fiscal policy and aggregate demand management.
What is modern monetary theory? - Tax Research UK
MMT explains how governments fund their expenditure by creating new money through their central banks without the need for prior taxation or ...
Paul Sheard: MMT (Modern Monetary Theory) – What Is It and Can It ...
MMT is most usefully viewed as an alternative lens on the monetary and fiscal system rather than as a competing theory per se. Its main insight is that ...
Modern Monetary Theory | Exploring Economics
Modern Monetary Theory (MMT) is a school of monetary and macroeconomic thought that focuses on the analysis of the monetary and credit system, and in particular ...
Modern Monetary Theory (MMT): A General Introduction
Modern Monetary Theory (MMT) is a heterodox macroeconomic lens that recontextualizes the role of monetary and fiscal policy in sovereign ...
Modern Monetary Theory: The Right Compass for Decision-Making
This paper is a reply to Drumetz and Pfister. It restates the core of MMT and offers some suggestions for central banks.
Why is modern monetary theory so important? - Tax Research UK
Modern Monetary Theory (MMT) significantly alters the economic power dynamics by shifting control from banks to democratic governments, ...
The Debt Delusion: Why Modern Monetary Theory Is a Luxury Belief
The Debt Delusion: Why Modern Monetary Theory Is a Luxury Belief · Inflation Disproportionately Causes Hardship for Lower-Wage Workers · Elites ...
Is modern monetary theory too good to be true? - Brookings Institution
Proponents of modern monetary theory argue that central banks can solve low productivity, low real interest rates, and high debt by buying ...
Modern Monetary Theory explained by Stephanie Kelton - CNBC
Modern Monetary Theory (MMT) is gaining traction in American politics, energizing the progressive left and roiling deficit hawks.
The Weakness of Modern Monetary Theory | National Affairs
MMT comprises two central claims — that there need be no upper bound on government debt, and that money can be printed without any inflationary consequence.
The Right And Wrong Of MMT (Modern Monetary Theory) - YouTube
MMT—modern monetary theory—has become one of the hottest topics in economics. The best selling book, "The Deficit Myth", by economist ...
Modern monetary theory
Modern monetary theory or modern money theory is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires.