“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...

1. Modern monetary theory and the case for gold. With central banks around the world loosening monetary policy in response to flagging growth and possible trade-war fallout, modern monetary theory ...

“I could buy whatever I want, an iPhone and a computer, AirPods and a Barbie Dreamhouse. A real Barbie Dreamhouse that’s big and has walls. It would be in Paris because of the Eiffel Tower. I would go ...

Sometimes ideas that seem obviously silly catch on and cause serious destruction. In the late 2000s Australian economist Bill Mitchell coined the term “Modern Monetary Theory,” or MMT, to describe ...

In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits.

Merryn Somerset Webb speaks with Panmure Liberum Chief Economist Simon French to unpack Modern Monetary Theory—the idea that governments issuing their own currency can spend freely, constrained only ...

Modern Monetary Theory (MMT) has gained mainstream popularity in recent years with Senator Bernie Sanders of Vermont and Representative Alexandria Ocasio-Cortez of New York sharing their support of ...