Tag Archives: Stephanie Kelton

The recently passed $2.1 trillion stimulus proves that Congress has always had the power to fund big spending packages, without worrying about how to offset the costs. That is according to Modern Monetary Theory, an economic school of thought that’s been gaining prominence in recent years, including among rising progressive political stars like Congresswoman Alexandria Ocasio-Cortez. Stephanie Kelton Stephanie Kelton, Modern Monetary Theory’s most prominent advocate, spoke to Capital &...

Behind a paywall, but you get the picture. Stephanie now has star power and she is a great explainer. MMT just moves to the front burner.Barron'sStephanie KeltonBen Walsh

MMT and Stephanie Kelton.CRE — Commercial Property ExecutiveShould the Rising Deficit Worry CRE Executives? Paul Fiorilla

MMT and Stephanie Kelton.Journal PioneerSanders presidency could start with US jobs program, then scale up Howard Schneider

Stephanie Kelton, among others.Project SyndicateWho's Afraid of Fiscal Policy?

Stony Brook University economist Stephanie Kelton is a proponent of something called modern monetary theory (MMT), a new school of economics that argues that as long as a country is in charge of issuing its own sovereign currency, it can't "run out of money." According to MMT, if Greece were still using its own currency, the drachma, instead of the euro, then it could have printed more money to pay off its debts, especially if inflation was low to begin with. Instead, as part of the...

Good summary of MMT featuring the distinction between currency users and the issuer of the currency.  Short read.The ConversationBernie Sanders' economic adviser has a message for Australia we might just need Steven Hail | Lecturer in Economics, University of Adelaide

Video of 2020 Harcourt Lecture at the University of Adelaide. No transcript.Brave New EuropeStephanie Kelton – The Deficit MythMathew D. Rose

Positive article on MMT and Stephanie Kelton, who is in Australia now. The Sydney Morning Herald (Australia)'All deficits are good for someone': Visiting economist shrugs off debt concerns Andrew Taylor, Senior Reporter for The Sydney Morning Herald

We at CleanTechnica have been looking at the various 2020 US Democratic candidates for president (here, here, and here) and their funding plans for a clean energy future. We (and they) have learned a lot about what it will take to not only usher in an energy future devoid of fossil fuels but also to pay for such a transition. Maybe it’s time, though, to put at least some of the politics aside and see what economists and researchers out there are saying about investing in clean energy,...