Saturday, August 22, 2020

Monetary Theory Explained - Is MMT Right or Wrong?

A really good introduction to MMT with no ifs and buts. It's very positive.

In Modern Monetary Theory Explained, I simply lay out the key principles of MMT and look at what some of the arguments are for and against it.

Modern Monetary Theory (MMT) may have been around for many years but it has recently gained in popularity with the advent of Stephanie Kelton's book, The Deficit Myth, and the way in which it accounts more elegantly for debt dynamics and inflation over the last decade

1 comment:

mikehall said...

The bit on 'debt sustainability' - for the currency issuer Govs he's just talked about lol - is rubbish.