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Stephen Williams — The MMT government job guarantee

Summary:
MODERN MONETARY THEORY (MMT) is emerging as one of the main heterodox ways to understand macroeconomics, in contradistinction to the neoliberal orthodoxy. MMT is not a set of policy prescriptions. Rather, to use co-founder Bill Mitchell’s word, it is a “lens” that allows us to see more clearly what already exists. So, its proponents claim it is not particularly ideological. The ideology comes afterwards when we craft policies based on an understanding of MMT.... This post is a good summary of Bill Mitchell's position.Independent AustraliaThe MMT government job guarantee Stephen Williams

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MODERN MONETARY THEORY (MMT) is emerging as one of the main heterodox ways to understand macroeconomics, in contradistinction to the neoliberal orthodoxy.
MMT is not a set of policy prescriptions. Rather, to use co-founder Bill Mitchell’s word, it is a “lens” that allows us to see more clearly what already exists.
So, its proponents claim it is not particularly ideological. The ideology comes afterwards when we craft policies based on an understanding of MMT....
This post is a good summary of Bill Mitchell's position.

Independent Australia
The MMT government job guarantee

Stephen Williams
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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