Tag Archives: MMT

The Modern Monetary Theory is described as an integration of endogenous money, state money, credit money, and functional finance theories. Despite departing from a faithful narration of what actually happens in the real world, the MMT arrives at a new world in which the government can spend as it pleases. Not only this and several other difficult-to-swallow claims, but also academic concepts such as vertical and horizontal components of money supply introduced along the way are what make...

Stephanie Kelton introduces Justin Santopietro, who is running for the Democratic nomination for Congress in the rural, Appalachian district of VA-09.Down with TyrannyGuest Post: Stephanie Kelton Introduces A New Candidate For Congress An Experienced MMTer Is Running For Congress In 2018 by Stephanie Kelton

By J.D. ALT NOTE: This essay was originally posted at Real Progressives Before it disappears forever from our experience—which the rapid adoption of smart-phone commerce suggests might happen within the next decade—we should examine, take stock of, and fully understand what this piece of paper is that we call a U.S. dollar. Or maybe a five-dollar bill, which is what I happen to have pulled from my wallet in preparation for writing this essay. It doesn’t matter which bill we choose: they...

Mentions MMT and Stephanie Kelton. Charleston Gazette-MailAlan R. Knight: We don't need a balanced budget amendment Alan R. Knight. retired editor of New England Farmer newspaper and formerly associate editor of American Agriculturist magazine, where he also wrote “The Uncommon Market,” an award-winning column that explored both the local and global marketplace into which farmers sell their products.

MMT-based analysis and policy advice. Short.Splice TodayBulgaria and the Euro — How Mosler Bonds could help.Serban V.C. Enache

MMT, but it's a mixed bag. Some good, some not so good and some sort of ugly (Fed). But worth being aware of.The PolemicistBehind the Money Curtain: A Left Take on Taxes, Spending, and Modern Monetary Theory Jim Kavanagh

MMT in Germany. Tonight at 6PM I will give a lecture with the title Modern Money Theory and European Macroeconomics – an Alternative to the Policy of Austerity?. It takes place at room S27 at Von-Melle-Park 9, Hamburg University. The lecture is part of a series organized by AK Plurale Ökonomik Hamburg and will be held in English. More information is available here. econoblog 101Lecture tonight at Hamburg UniversityDirk Ehnts | Lecturer at Bard College Berlin

So I've never really understood Modern Monetary Theory (MMT). In some sense, I can understand it as a counter to the damaging "household budget" and "hard money" views of government finances. To me, it still cedes the equally damaging "money is all-important" message of monetarism and so-called Austrian school that manifests even today when a "very serious person" tells you it's really the Fed, not Congress or the President that controls the path of the economy and inflation when neither...

MMT alert.Could be better, but not bad. The WeekThe national debt, explained The Week Staff

A few days ago, Jared Bernstein posed some Questions for the MMTers in order to gain a “better understanding [of our] arguments.” We appreciate his interest in our ideas and, especially, his direct appeal for clarification of our views. He raised four big questions, which our Australian counterpart, Bill Mitchell, has already answered in his own three-part series. What follows is a response from two North American MMTers. New Economic PerspectivesAnswers from the MMTers Stephanie Kelton...