Truthout — Bill Mitchell: Demystifying Modern Monetary Theory

Bill makes Truthout. Hopefully, progressives will watch it en masse.

In a challenge to conventional views on modern monetary and fiscal policy, Professor Bill Mitchell of Newcastle University in Australia has emerged as one of the foremost exponents of Modern Monetary Theory, a heterodox challenge to the prevailing paradigms which dominate how mainstream economics is taught and economic policy implemented. In his works, and this interview, Mitchell presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments and prevented states from acting in the public interest.

Truthout
Bill Mitchell: Demystifying Modern Monetary Theory
Staff, Institute for New Economic Thinking | Video Interview