Thursday , November 21 2024
Home / Mike Norman Economics / TRNN – How Useful Is Modern Money Theory for Developing Countries?

TRNN – How Useful Is Modern Money Theory for Developing Countries?

Summary:
MMT is gaining traction among progressives as an option for paying for massive government spending projects such as the Green New Deal. Even if it is useful for countries such as the U.S., can it be applied in developing countries? PERI's Matías Vernengo says only to a limited extent. [embedded content]

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Building hope

New Economics Foundation writes Are oil and gas workers the coalminers of our generation?

Mike Norman writes Tariffs As A Fiscal Tool? — Brian Romanchuk

John Quiggin writes Trump’s dictatorship is a fait accompli

MMT is gaining traction among progressives as an option for paying for massive government spending projects such as the Green New Deal. Even if it is useful for countries such as the U.S., can it be applied in developing countries? PERI's Matías Vernengo says only to a limited extent.



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Your email address will not be published.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 *