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 ...

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.

Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an ...

Modern Monetary Theory (MMT) is a controversial economic framework that has gained attention for its bold ideas on how to tackle economic issues. According to MMT, a government that issues its own ...

Modern Monetary Theory (MMT) says countries that spend, tax and borrow in their own currency shouldn’t worry about government deficits because they can print as much money as they need. Traditional ...

The Death of the Debasement Trade? Marjorie Taylor Greene Stumbles into Populism’s Blind Alley Vogue Embarrasses Itself in Its Gushing Profile of ‘Embarrassingly Handsome’ Newsom Now the Trump ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

Most people think government borrowing is a problem. But according to Modern Monetary Theory, it creates income for households and businesses. Whether this is good or bad depends on the state of the ...