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Podcast – Modern Monetary Theory and its challenge to Neoliberalism

Summary:
By Anthony Funnell After more than four decades of dominance, free-market capitalism is facing a challenge. Its rival, the rather blandly named Modern Monetary Theory, promises to return economic planning to a less ideological footing. It’s also keen to strike a blow against the “surplus fetish” that many economists now blame for declining public services and growing inequality. Modern Monetary Theory and its challenge to Neoliberalism

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By Anthony Funnell


After more than four decades of dominance, free-market capitalism is facing a challenge.

Its rival, the rather blandly named Modern Monetary Theory, promises to return economic planning to a less ideological footing.

It’s also keen to strike a blow against the “surplus fetish” that many economists now blame for declining public services and growing inequality.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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