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Richard Wolff – What is Modern Monetary Theory?

Summary:
Richard Wolff gives a simple explanation of MMT, but he has a caveat - the MMTers, he says, don't have much to say about how capitalism can be transformed into something better. [embedded content]

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Richard Wolff gives a simple explanation of MMT, but he has a caveat - the MMTers, he says, don't have much to say about how capitalism can be transformed into something better.


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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