Tuesday , November 5 2024
Home / Mike Norman Economics / Cullen Roche — Why MMT is Important

Cullen Roche — Why MMT is Important

Summary:
Modern Monetary Theory (MMT) has been in the news quite a bit in the last few weeks.¹ It’s refreshing to see this considering how bad the state of macroeconomics is. I say this as someone who has been very critical of MMT for many years. I think they overreach on some items, but as a general theory I think they provide a much clearer and more useful picture of the macroeconomy than most mainstream economic schools do. Among the important things they get right: Pragmatic CapitalismWhy MMT is Important Cullen Roche

Topics:
Mike Norman considers the following as important: , ,

This could be interesting, too:

Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.

Steve Roth writes MMT and the Wealth of Nations, Revisited

Matias Vernengo writes On central bank independence, and Brazilian monetary policy

Matias Vernengo writes Lance Taylor (1940-2022) and his legacy

Modern Monetary Theory (MMT) has been in the news quite a bit in the last few weeks.¹ It’s refreshing to see this considering how bad the state of macroeconomics is. I say this as someone who has been very critical of MMT for many years. I think they overreach on some items, but as a general theory I think they provide a much clearer and more useful picture of the macroeconomy than most mainstream economic schools do. Among the important things they get right:
Pragmatic Capitalism
Why MMT is Important
Cullen Roche
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.

Leave a Reply

Your email address will not be published. Required fields are marked *