by Summary:
Essentially, Ocasio-Cortez is continuing to argue for Modern Monetary Theory — something she said "absolutely" needs to be "a larger part of our conversation" in a recent Business Insider interview. The theory says that because governments can literally print money, "they can spend as much as they like," Politico explains. "Inflation is the only obstacle" that should stop the presses, The Week details here. In short, it's a big, untested idea for a big, untested plan. Read more two columnist's opinions on why the theory would and wouldn't work here at The Week. MMT getting hearing anyway. The WeekAlexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money Kathryn Krawczyk
Topics:
Mike Norman considers the following as important: Alexandria Ocasio-Cortez, AOC, GND, Green New Deal, MMT, MMT criticism, MMT critics
This could be interesting, too:
Essentially, Ocasio-Cortez is continuing to argue for Modern Monetary Theory — something she said "absolutely" needs to be "a larger part of our conversation" in a recent Business Insider interview. The theory says that because governments can literally print money, "they can spend as much as they like," Politico explains. "Inflation is the only obstacle" that should stop the presses, The Week details here. In short, it's a big, untested idea for a big, untested plan. Read more two columnist's opinions on why the theory would and wouldn't work here at The Week. MMT getting hearing anyway. The WeekAlexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money Kathryn Krawczyk
Topics:
Mike Norman considers the following as important: Alexandria Ocasio-Cortez, AOC, GND, Green New Deal, MMT, MMT criticism, MMT critics
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
Michael Hudson writes International Trade and MMT with Keen, Hudson
Essentially, Ocasio-Cortez is continuing to argue for Modern Monetary Theory — something she said "absolutely" needs to be "a larger part of our conversation" in a recent Business Insider interview. The theory says that because governments can literally print money, "they can spend as much as they like," Politico explains. "Inflation is the only obstacle" that should stop the presses, The Week details here. In short, it's a big, untested idea for a big, untested plan.
Read more two columnist's opinions on why the theory would and wouldn't work here at The Week.MMT getting hearing anyway.
The Week
Alexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money
Alexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money
Kathryn Krawczyk