Saturday, January 10, 2015

Randy Wray — Is It Time for MMT To Become Mainstream to Save Us from the Second Global Financial Crisis of the Millennium?

Some of you will remember that MMT got its first huge mainstream exposure through a Washington Post article written by Dylan Matthews: http://www.washingtonpost.com/business/modern-monetary-theory-is-an-unconventional-take-on-economic-strategy/2012/02/15/gIQAR8uPMR_story.html 
He’s just written another excellent story, this time about Stephanie Kelton going to Washington:
http://www.vox.com/2015/1/10/7521819/sanders-mmt-kelton?utm_medium=social&utm_source=twitter&utm_campaign=vox&utm_content=share:article:top
Economonitor — Great Leap Forward
Is It Time for MMT To Become Mainstream to Save Us from the Second Global Financial Crisis of the Millennium?
L. Randall Wray | Professor of Economics, University of Missouri at Kansas City

1 comment:

Roger Erickson said...

It's always time for emerging logic be accepted as just that.

As FDR said, however, those who want something done had better start thinking about how to GET what they want done, not just wished for.