Thursday, March 24, 2016

Mark Gilbert — Milton Friedman's 'Helicopter Money' Is Looking Less Crazy

MMT gets a shoutout.
…while the claim of Modern Money Theory that governments shouldn't be afraid of deficit spending is gaining traction with some of the smartest people in the financial room.
Bloomberg View
Milton Friedman's 'Helicopter Money' Is Looking Less Crazy
Mark Gilbert, editorial board

1 comment:

mike norman said...

They get it but they don't get it.They're constantly conflating fiscal with monetary policy.